Category: Mortgage

Millennials & Home Buying:  What Impacts Home Ownership?

Millennials & Home Buying: What Impacts Home Ownership?

For previous generations, home buying was a default decision.  Even for young professionals who had not taken the “walk down the aisle” purchased a home just for the investment benefit.  But, following the financial crisis of 2007, mortgage crisis, and the student loan crisis that has entered the economic picture over the last years, the […]

November 3, 2015 | By More
Tips to Think About Before A Mortgage

Tips to Think About Before A Mortgage

In the coming weeks ahead, you may notice some “For Sale” signs popping up.  Spring is coming and some people may be thinking of a move.  If you believe you are ready for a mortgage as a first-time home buyer, those properties may be catching your attention.  But, before you get too serious about home […]

March 3, 2015 | By More
5 Tips of Achieving Homeownership

5 Tips of Achieving Homeownership

We have talked about the many benefits your local library offers to patrons. One of the libraries in my backyard, the Plainfield Public Library, offered an educational one-hour workshop on the basic principles of achieving homeownership.  I decided to attend the other evening so I could share some pointers given by the presenters.  These points […]

October 1, 2014 | By More
How to Avoid Mortgage Relief Scams

How to Avoid Mortgage Relief Scams

The other day I was back to watching some episodes of House Hunters on HGTV. It’s fun to see folks going through the house hunting process. And, the episodes always have a happy ending. Unfortunately, in real life, some home owners are facing the threat of foreclosure and need to know how to avoid mortgage […]

June 30, 2014 | By More
Mortgage Payments After a Disaster or Weather Event

Mortgage Payments After a Disaster or Weather Event

Have you ever thought about what happens to your mortgage payment if your home is trashed by a weather or disaster event? I got thinking about this after watching the news this last week. Consider these scenarios.  What if you live in the central United States and a tornado levels your house, do you have […]

June 26, 2014 | By More
Top Websites for Information on Mortgages

Top Websites for Information on Mortgages

We have often talked about the importance of having the right information to make the best money decisions. Since National Home Ownership Month is coming to a close soon, I thought I’d provide you a list of some of the top websites for information that can prove helpful in your research about mortgages. To be […]

June 23, 2014 | By More
Federal Trade Commission Tips for Mortgage Shopping

Federal Trade Commission Tips for Mortgage Shopping

When you know a purchase is right, you just know it.  I felt that way when I walked into my current home.  Of course, I had to look beyond the dark green paint in the downstairs bathroom and the mountain of kids toys piled in the upstairs master tub.  What I did notice was the […]

March 10, 2014 | By More
5 Things I Learned from HGTV About Home Buying

5 Things I Learned from HGTV About Home Buying

A few weeks back, I accidently stumbled upon the HGTV channel while fixing my breakfast smoothie.  In a word, the various programs I’ve watched circle around the theme of buying a home, decorating, rehab, and other related topics to a house.  Frankly, it’s been fun to watch and quite educational if you look beyond the […]

October 2, 2013 | By More
Mortgage Reform 2013:  The Ability to Repay Rule

Mortgage Reform 2013: The Ability to Repay Rule

There are certain events in your life you always remember.  Signing the documents for my first mortgage was one of those moments.  It was a spring morning, and an attorney friend of mine was kind enough to come to the closing and review my documents before my final signature.  Two things stand out in my mind:  […]

January 16, 2013 | By More