Buying a home the second time around should be a breeze, right? You may think so but often, believe it or not, buying your second home can be even more challenging than your first. Second time buyers often face different struggles than first time buyers such as taking on a duel mortgage if their … Continue reading Helpful Tips for the Second Time Home Buyer
For first-time home buyers in particular, home financing documentation can be confusing. First, it’s important to know that the document that shows how much you owe your lender is called a “note” and you make a note payment monthly. But when you purchase a home, the document that shows who owns the property is called … Continue reading Mortgage vs. Deed of Trust: Know the Difference
One thing I love about the mortgage business is that numbers never lie. Yet, so many prospective home buyers I meet end up making critical judgment errors based on faulty assumptions and faulty math. I want to make absolutely sure you do not fall into these traps, so, let’s debunk this common theory! Theory: Waiting … Continue reading Should You Play the Waiting Game?