Every Renter Should Know

Posted Posted in real estate, Rent versus Buy

The first home purchase can be the culmination of years of planning and consideration. Buyers typically look for 12 weeks and use a variety of information sources for research before purchasing. However, many renters are not near as thorough in their study. Like any other commitment a person makes, careful consideration and understanding is required. […]

How’s Your IQ on QM?

Posted Posted in mortgages, real estate

The Qualified Mortgage Rule came into effect on January 14, 2014 as one of the results to the Dodd Frank Reform Act to protect consumers from predatory lending practices. This will affect the underwriting standards that the majority of lenders will use to qualify borrowers. The ability to repay rule states that financial information must […]

Reasonable Expectations

Posted Posted in real estate, Selling your home

Coffee should be hot. Beer should be cold. Mexican food should be spicy. However, if these things are less than the standard that you expect, there are not any lasting consequences. As the value of the object in question rises, either in price or gravity, the expectations usually increase and decisions become progressively more important. […]