Physicians coming out of medical school and residency are in a unique situation financially. They aren’t making much money yet, they’re usually saddled with a ton of debt, and they have very high earning potential. Normally, it would be challenging for them to secure a mortgage loan because of their current debt-to-income ratio. That’s where the physician mortgage loan comes in. Physician Continue Reading
Should You Rent Out Your House?
When the time comes to upgrade, downsize or move to a new city, you might consider turning your current place into a rental property instead of selling it. A rental property can be a lucrative investment...or it can be a money pit. Know what to look for so that when the time comes, you can part with your current home in the best way for you. Here are five questions to ask yourself before you rent Continue Reading
Is Investment Real Estate Right for You?
Investment real estate can be an excellent option for growing your wealth. It can offer you long-term income, it can increase in value over time, and it can be a natural fit for your overall wealth-building strategy. But it is absolutely not a one-size-fits-all investment option. So, how do you know if investment real estate is going to give you the return that you’re hoping for? Start Continue Reading
Interest Rate Increase: How it Affects You
In case you missed it, the Federal Reserve increased interest rates a quarter point last week, making this its second increase in 2017. This is an indicator of some changes on the horizon, so you may need to adjust your goals and plans accordingly. Here is how the increase could affect you: Student Loans and Interest Rates An increase in interest rates is typically an indicator that the central Continue Reading
4 Renovations To Increase Your Home Value
Spring is just around the corner and that means prime time for the real estate market will be here soon. As April approaches, people all across America are fixing up their homes and getting them ready to be put on the market. It also means that home-buyer hopefuls will soon be searching for open houses to visit. A picture is worth a thousand words when it comes to buying and selling homes. With Continue Reading
10 Things Every Aspiring Homeowner Needs to Know: Making an Offer and Closing
We are covering the 10 Things Every Aspiring Homeowner Needs to Know. So far, we’ve discussed: Whether you should really be buying, or if you should stick with renting What your credit situation looks like to lenders How much house you can afford How to pick a realtor, or if you should do it yourself How to pick a lender, and whether you need to get pre-qualified How to pick the Continue Reading
10 Things Every Aspiring Homeowner Needs to Know: Which Mortgage is Best for You
Hi there, home-buying hopeful! We are covering the 10 Things Every Aspiring Homeowner Needs to Know. So far, we’ve discussed: Whether you should really be buying, or if you should stick with renting What your credit situation looks like to lenders How much house you can afford How to pick a realtor, or if you should do it yourself How to pick a lender, and whether you need to get Continue Reading
10 Things Every Aspiring Homeowner Needs to Know: How To Find Your Home Buying Dream Team
Hi there, home buying hopeful! We are covering the 10 Things Every Aspiring Homeowner Needs to Know. So far, we’ve discussed: Whether you should really be buying, or if you should stick with renting What your credit situation looks like to lenders How much house can you afford? Now, you need to know how to start shopping around for a Realtor® and a mortgage lender. Choosing a Continue Reading
10 Things Every Aspiring Homeowner Needs to Know: How Much House Can You Afford?
So, you want to be a homeowner? Congratulations! Get ready to roll up your sleeves and learn what you need to know. One of the first the things you should do is to figure out how much house you can actually afford. You want to have a number in mind before you get together with a Realtor® or a lender, because they may have a different idea of how much you can spend on a house. The traditional Continue Reading
10 Things Every Aspiring Homeowner Needs To Know
Buying a house or condo is equal parts exciting and stressful. It’s easy to get carried away thinking about actually owning a home of your own, not to mention all the barbecues you’ll have in the back yard. There are many questions that come up when you are considering buying your first property. Make sure you ask yourself the following before taking the leap. You need to know: Whether Continue Reading