If you want to make a move to a new state, preparing ahead of time can make the difference between a terrific transition and a terrible one. The cost of living can differ significantly between states and even between areas within the same state. Plan for your big move using these tips from Ron Spencer Real Estate to help you prepare for what’s ahead. … Read More
A great credit score is essential for getting approved for a home loan. If you are not getting approved, it might be time to make some improvements to your score. Most people might be looking for the quickest fix, but everyone’s score is different and needs to be improved in different ways. There are a lot of things you can do to improve your credit,… Read More
Are you looking to buy a home but you’re being held back by your income? Luckily, there are several options for you to make your home buying dream come true. There are plenty of home-buying programs for those with a low income, and you just need to know the right places to look. Remember, your monthly mortgage payment will depend on your monthly income… Read More
After going bankrupt, buying a home can seem pretty impossible. Bankruptcy can temporarily ruin the dreams you had of buying that home you’ve had your eye on. Going bankrupt will prevent you from being able to borrow money or use a credit card. Because of this, your credit score can be drastically lowered which is not good if you wanted to begin the process of… Read More
As if buying a home wasn’t stressful enough, it can be even more stressful when you have a history of bad credit. Unfortunately, we can’t help what has happened in the past. Many of us go through financial struggles at one point or another. Just because you have bad credit in your past doesn’t mean you can’t make up for it. Making up for bad… Read More
You’re getting ready to make the move, and buy a home for the very first time. This is such an exciting experience, but it can also be a very stressful one! In order to lessen the stress of buying a home, there are some things you should do before even going out to look at homes. Before you find a house you love, you need… Read More
Two important things happen when you sign a mortgage. The first is a long term commitment to your new property, the second is the massive amount of paper work you are about to sign. But lets be honest, even if you read every document, the chances that you understand everything is slim. So whether you understand everything or perhaps still feel unclear, here are four… Read More
When people want to find out how much their mortgages cost, lenders often give them quotes that include loan rates and points. But the goal of this article is not to persuade you one way or another about a particular loan, The goal is to inform you about what mortgage points are and if you should consider paying them. What exactly is a point? A… Read More
If you have a plan to buy a home in the next three to five years, then you need to start saving for the down payment now. why you ask? Because it could take awhile. What is taking so long? Americans are only saving around 5.6% a year according to The National Association of Realtors as they quote research by RealtyTrac. “It’ll take 12.5 years, on average, for first-time… Read More
If you have been watching the news recently, then you would know that this week the 30 yr. mortgage rate dipped below 4% for the first time in 2014. The 30-year fixed-rate mortgage averaged 3.97% last week, down from 4.12% the week prior and 4.28% the same time last year. the average hasn’t been below 4% since the week of June 20, 2013, when it… Read More