There are some repairs that will be required by lenders before they will release funds to finance a buyer’s home purchase. Typically these address structural defects, building code violations, or health and safety issues. Please note, some local municipalities will require a presale inspection report before you can sell your home. If you are […]
There are many good reasons for a parent to help a child purchase a home. Parental assistance can help a child settle down faster than he or she might be able to on his or her own. While some parents speculate that helping a child purchase a house will only make the child more dependent, […]
There’s no doubt that you sign a lot of paperwork when you buy and finance a house. The initial loan disclosures may not mean too much as the fees can change, although it’s still relevant. It’s those final loan documents on signing day that we should read carefully. Your FINAL loan application should accurately reflect […]
The IRS is now accepting tax returns! If you have bought or sold a home in 2018, please ask your Realtor for your Final Settlement statement as you may need that form when filing for your 2018 taxes. As a precaution, there are many fraudulent people out there who are actively seeking out taxpayer information. […]
What Loan program can be right for you? Below will be some popular loan programs that are offered. Review the qualifications and down payment amounts $ to see which may be best suited for YOU! VA Loan-Takes away the down payment without the risk of Private Mortgage Insurance. Essentially, you can finance 100% of your […]
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