Archives

April 2016

Temporary Buy Down

There is an infrequently-used mortgage program available that could be the solution to a buyer’s or seller’s problem. A temporary buydown is fixed rate mortgage that the seller has prepaid interest at closing to lower the payments for a number…

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Tips for Buying Rentals

Buying rental property can be an excellent decision and the better informed you are, the more likely you’ll have favorable results.  The following suggestions can help you with your decisions. Real estate is a long term investment affected by supply,…

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How Earnest Are You?

“If I tell you it’s going to rain, you can put the buckets on the porch.” If you grew up in the south, you made have heard this expression when a person is testifying to the veracity of his word.…

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Components of a Credit Score

Credit scores are used by lenders to measure the credit worthiness of borrowers. While there are several different companies that offer scores, the FICO, Fair Isaacson Corporation, is the model that is used most often. There are five key components…

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