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July 17, 2017
Are you a Henry? No—I’m not asking if your name is Henry, because chances are it’s not. I’m asking if you belong to a group of people classified as HENRYs (high earner, not rich yet)—people who make a lot of money but don’t have a lot saved. If you do, or even if you don’t,... View Article
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For many, the American dream is still to own one’s home. To achieve this, prospective homeowners will save their money, try to keep their credit report clean and obtain a mortgage to do so. But others will purchase their homes with a cash payment. Believe it or not, this method is on the rise. Recently... View Article
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Shopping for a new home when you already have a home can be a nail-biting process, as you work to decide how you’ll time things so that you don’t have to pay two mortgages. Even if you could afford to swing the extra expense for a few months, lenders may be hesitant to loan money... View Article
Read MoreAs lenders have tightened restrictions for securing mortgage loans, homebuyers have been forced to expand their options to include non-traditional funding sources. Realizing this, several scams have emerged that target desperate borrowers. Failure to avoid these scams could result in a home being foreclosed, fines being levied, or criminal charges. Before you head out in search of your... View Article
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 type of examination takes a look at... View Article
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