Fixer Upper vs. Move-In Ready: Which One Is Right For You?

When it comes to buying real estate, you want to make sure the property you purchase is the right fit for your needs. For some buyers, purchasing a home that needs some work is the ideal situation. For others, getting a turnkey home that’s move-in ready is the only option they’ll consider. And for still […]

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Are Investment Rentals Right For You?

When thinking about investments and retirement goals, many people think about owning rental properties.  After all, they pay for themselves, right? They can be excellent additions to a savings and investment portfolio, but there are also risks. Here are the things to consider. First off, the good news If you are considering purchasing a rental […]

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No Down Payment? No Problem. You Can Buy A House With A Down Payment of $0

Most potential homeowners believe that in order to purchase a home they’ll need to come up with at least 20% for the down payment. And with the median price of homes in the US at $240,900, that’s a whopping $48,000. For many, coming up with that kind of cash just isn’t possible. But while you […]

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The BEST Way To Be Superdad For Your Children During Their Home-Buying Experience

So your kid is out there looking to buy a house. You think to yourself, “I know she’s not a ‘kid’ anymore…” But…she’s still your kid. It’s hard to just stand by and watch. You want to step in and make sure she doesn’t make a mistake or spend too much. You can’t believe the prices of houses she’s […]

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Ways to Raise Your Credit Score

Buying a new home is an exciting time. It can also be stressful if you are unsure about your credit or know that your credit is not as high as you’d like it to be. Your credit score is one of the biggest factors in how much of a home loan you can qualify for and the interest rate you’ll pay. The good news is there are easy ways to increase your credit score. By following a few tips, you can make sure your report accurately reflects your use of credit and create a plan to improve your scores if necessary.

• Check for Errors – Errors on a credit report is very common. Make sure that everything is current and accurate.

• Pay Down Credit Card Debt – One of the easiest ways to boost your score is to lower your credit card balances. Aim to have no more than 50% of available credit in use.

• Remove Negative Accounts – If you have old collections or bad debt, negotiate with the creditor to pay some/all of the debt in exchange for removing the record.

• Keep Old Accounts Open – About 15% of your score has to do with how long you’ve had credit accounts.

• Pay on Time – This might sound simple, but always pay your bills on time.

By understanding what affects your credit, you can make real changes which will increase your score. If your credit isn’t where you want it to be and you are hoping to be able to buy a home in the near future, it is always a good idea to speak to a loan officer.  Some loan officers even have programs that they can place you in to help improve your credit score over time. Credit issues do not have to last forever.

Does Renting Make More Sense Than Buying A Home?

Some people don’t think buying a home makes sense. They feel like renting is a smarter move. On the other hand, some people think renting doesn’t make any sense. For the most part, arguing it one way or another is about as useful as arguing politics or religion — whatever “side” you’re on, you have […]

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What Scares You About Real Estate?

 

What scares you about real estate? The seemingly overwhelming and intimidating process? Or are you simply just comfortable renting or living at home?  Share your concerns and ask questions. I’d love to tackle your fears.

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