Before You Buy a Home…

Before you buy a home… way before …think about getting your finances and credit score in order.  It can take anywhere from 3 to 6 months to have an entry recorded on your credit history.  It will take some time to save the extra dollars needed for a down payment.  And…you will want to visit a…

Read More

2011 Interest Rate Forecast

My best mortgage broker says that the 4.2 percent 30 year fixed mortgage rates that some borrowers were lucky enough to snag in 2010 are now history.  I believe that. The good news is mortgage rates will still be historically low, in the 5.5% rates for perhaps the remainder of 2011.  The bad news is 2011…

Read More

Buying Bank Owned Properties (REO)

So you would like to buy a bank owned property? You see the informercials… and you think you can fix up a distressed home, (and sell it), before you pay your first loan payment on the money you borrowed to fix it up! Or… your relatives friends just “flipped” a fixer upper, and you think you can do the…

Read More

I think NOW is the time to buy!

Are you waiting to make that purchase, waiting for the best interest rates, and the 2007 recession to end?  Well… I think now is a great time to purchase.  I can’t believe the great interest rates that are now at 4.8% for a 30 year mortgage.  There’s also an abundance of homes on the market for sale. …

Read More