Inflation devalues the purchasing power of money and the interest earned on savings is almost always less than inflation. Tangible assets like your home consistently become more valuable over time. In inflationary periods, a home is a good investment Continue Reading
There are significant differences between what caused the housing crisis before and currently which make it unlikely for home price to crash Continue Reading
Credit scores are used to assess risk and determine whether a borrower is approved or declined for a mortgage, credit card or some other type of credit. The score is a numerical value ranging from a low of zero to a high of 850 or 900 depending on the credit Continue Reading
Each of these loans are assumable at your current rate to owner-occupant buyers and can make your home more marketable, possibly, adding value. Continue Reading
Mt. Shasta #50 With few crowds and mind-boggling natural wonder, this California mountain town beckons visitors to head north. Though California is a wildly popular destination, few folks head further north than San Francisco—but what a Continue Reading
Waiting for the mortgage rates to come down before you buy a home may not be a good decision. If you are correct, and the rates do come down by two percent, the savings you benefit from a lower rate will most likely be devoured by the appreciated price increase. As of Continue Reading
A soft second loan, sometimes called a silent second, is subordinate to the first mortgage, whose payment is deferred or forgiven until a specific date or the resale of the property. This would mean that buyers would not have to contend with regular payments thereby Continue Reading
