Congratulations, you closed on your new home purchase!
March 19, 2019  |  

What’s next on your path to financial success?!  You can’t stop here.  After settling in and allowing a few months for the moving expenses to subside and your budget to settle into this new flow – there are a few more building blocks for you to add to your financial foundation. Emergency Savings Ideally, you […]

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The Pre-PreApproval Process
March 19, 2019  |  

Usually my first point of contact with buyers is when they are ready to jump into the housing market and therefore need a pre-approval sorted out.  They need to find out how much they can afford in terms of a house price, how much they need to have saved up for their down payment and […]

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Automation vs. Human Interaction – Which one is really more convenient?
March 18, 2019  |  

That’s actually a trick question, it should be “Which one is more convenient for the client?”  Let’s consider the mortgage experience (what did you think we were going to talk about?).  Would you prefer to do everything online or through an app on your phone, without ever being bothered to talk with anyone? Or, would […]

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When it comes to financing – the sooner you know, the better.
March 05, 2019  |  

It’s always interesting to me when I hear the things people are nervous about, heading into a pre-approval meeting.  By now, especially if you’ve followed any of my previous content, you know that the best thing to do when you start considering buying is to meet with your lender.  I’ve found over the past few […]

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When the mood strikes – to buy a home – who do you call first?
February 26, 2019  |  

If you were headed out to buy a car today, you would likely have a budget in mind.  Impulse shopping aside – usually when we are looking to make a purchase, we know our limits.  Even clothing shopping – we have our go to stores, sections and sales.  There are certain stores we save for […]

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Mortgage Insurance – How do I get rid of it?!
February 18, 2019  |  

Are you familiar with mortgage insurance and how it works? When a borrower puts less than 20% down on a home purchase, the bank requires mortgage insurance to be included in their monthly payment.  This insures the bank against the risk of you defaulting on your mortgage.  In a sense, since you have a less […]

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Who’s got it better – W2 Wage Earners or Self-Employed Borrowers?
February 11, 2019  |  

I recently had a conversation with a self-employed borrower who felt like the mortgage qualification gods were out to get him.  We often hear from business owners that the income guidelines for mortgages seem stacked against them.  The statement I hear the most is: “There is no guarantee that a regular employee won’t lose their […]

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Did you know a seller can pay off a buyer’s debts to qualify them for the loan?
February 05, 2019  |  

That was a click-bait headline. Before you stop reading – it is true, for VA loans. Our current market has softened a bit, which is putting sellers and buyers in a unique situation. We have quite a few sellers who have identified their next home, are in contract to purchase it….subject to selling their home. […]

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Reno – a formerly Boom or Bust kind of place.
January 29, 2019  |  

I try to seek out intellectual conversation – it’s a nice break from the sales talk or social media scrolling or never-ending onburst of less- than- breaking news about our elected officials’ inability to fulfill their job requirements. Lately my favorite question to ask locals is: do you think our local economy will fair better […]

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“Move Up Buyers” – Making the largest down payment will keep your expenses the lowest right? Wrong!
January 21, 2019  |  

A move-up buyer is just as the name describes – someone who owns their home currently and wants to sell it to buy something bigger or better.  Many move-up buyers plan to use all of the proceeds from the sale of their current home towards the down payment on their new home.  The goal is […]

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