Author Archives for James Forte

jforte@totalmortgage.com'

About James Forte

James Forte joined Total Mortgage in 2016, after 18 years of experience as a mortgage originator and manager. Email him at [email protected] #16443

what buyers and sellers need to know about home inspections

What Buyers and Sellers Need to Know about Home Inspections

December 17, 2015 2:15 pm Published by Leave your thoughts

Home Inspection Advantages for Buyers and Sellers When it comes to a real estate transaction, there can be many question marks for both the buyer and seller. That’s why pre-sale home inspections are so popular. According to the U.S. General Accounting Office, “more than 85 percent of homebuyers who applied for a mortgage also requested an inspection.” This... View Article


seven ways to lower your dti

Seven Ways to Lower Your DTI

November 10, 2015 3:33 pm Published by Leave your thoughts

Your debt-to-income (DTI) ratio is one of the three most important factors that lenders look at when deciding whether or not to approve you for a mortgage (the other two? Your FICO score and the loan-to-value ratio, which varies with the price of the house you plan to buy). DTI is considered especially important in... View Article


five often overlooked home buying budget busters

5 Often-Overlooked Home Buying Budget Busters

October 1, 2015 5:12 pm Published by Leave your thoughts

While you may have determined the amount you can afford to spend on a home and saved the down payment, lots of other expenses can sneak in during the shopping and buying process—and those can bust your budget. Below are five common expenses you should factor into your budget now to avoid an unpleasant and... View Article


Factors to Consider When Investing in Real Estate

July 2, 2015 10:00 am Published by Leave your thoughts

The real estate market is improving in many parts of the country. So if you’re thinking about investing in real estate, now might be the time to get your feet wet. Real estate investing can be quite profitable. Some investors make a comfortable living buying and flipping properties — putting tens of thousands of dollars in their pockets... View Article


Five Steps to Turn Your Second Property Into a Rental

June 24, 2015 11:49 am Published by 2 Comments

If you’re thinking about buying a new house, don’t assume you have to sell your present home. Turning this residence into a rental or investment property can create passive income for you. Understandably, being a landlord isn’t for everyone. But if you’re willing to take a chance, and if you can handle the day-­to-­day responsibilities... View Article


The Why and How of Investing in a Second Home

June 11, 2015 3:44 pm Published by Leave your thoughts

If you already have money invested in stocks, bonds or higher-­yielding savings products, it might be time to consider alternative investments and diversify your portfolio. There are several options to consider, such as investing in commodities, peer-­to-peer lending or buying a franchise. But if you’re somewhat familiar with real estate — or if you’re willing... View Article