Refinancing Boom Fuels Mortgages to Postcrisis Record

By |2020-02-13T14:13:14-05:00February 13th, 2020|

The economic hits just keep on coming!! These days when I go to post it's not about whether there is good economic news to share, but about which indicator of it to choose from!  Nice problem to have.  Rates continue to hover near historic lows which all of my buyer clients are loving, [...]

FICO Changes Could Lower Your Credit Score

By |2020-01-30T16:41:03-05:00January 30th, 2020|

It's about to get easier (and harder) to get a loan Changes in how FICO credit scores are calculated make managing your credit score more important than ever!  The good news, these changes will likely improve the scores of those who already have good to exceptional scores as their successful financial management habits [...]

Refinancing? Consider a 15-Year Mortgage

By |2019-12-18T17:32:17-05:00December 18th, 2019|

15 or 30?  How long should your mortgage be? I love this topic because it is definitely not a one size fits all topic and because it actually has significant financial, and perhaps just as importantly lifestyle implications.  I talk OFTEN about this topic with clients and friends.  The answer at the end [...]

Assessed Value vs. Market Value: What’s the Difference?

By |2019-10-25T15:46:20-05:00October 25th, 2019|

"Assessed Value"...does it have any value? Does what your local jurisdiction thinks of your properties value have any relevance to buying or selling a home?  The short answer: No.  Remember that real estate assessments are a funding tool and not really much more and one of two components that make up your tax bill [...]

Maybe we should just add on!?

By |2019-10-11T15:30:19-05:00October 11th, 2019|

We move into the final part of our series on potential housing solutions.  We've already mined the positives and negatives of buying new and moving up/down into a resale so it's time to address doing additions.  Sometimes we just need to blow out a kitchen, or add a sun room to the existing [...]

8 Reasons Buying an Older House is a Great Idea!

By |2019-10-01T06:39:49-05:00October 1st, 2019|

In my continuing series on housing options we move on from the new construction realm to the re-sale universe!  When I started putting together the list I was reminded that there are a lot of good reasons to buy re-sale. 1) Re-sale homes are less expensive than new construction.  You will typically find, depending on the location price [...]