What Is a Hot Housing Market?
If you have been looking to purchase a home in 2021, you have probably been told that you are in a “hot housing market” and to be ready for a long wait or fierce competition. What exactly is a hot…
Using a 203(k) Loan to Buy Your Home
If you love the charm and character of older homes but don’t want to live in a construction zone as your DIY, consider using a 203(k) loan to purchase the fixer upper of your dreams. The U.S. Department of Housing…
How Your Debt-to-Income Ratio Impacts Your Home Buying Power
For the majority of home buyers, both first-time and experienced, a new home purchase is done by financing a large portion of the cost. This loan, called a mortgage, is offered through a financial institution specifically for the purchase of…
Understanding Mortgage Points
When you get ready to purchase a home, one of the biggest factors in your decision is likely the cost. A home is one of the largest purchases that most people will make in their lifetime so a lot of…
Selling (or Buying) in Peak Real Estate Season
Produce has a season. So do sports. But did you know that real estate has a peak season as well? People buy and sell homes all year long but there are certain times of the year when more transactions are…
What a Mobile Notary Can Do for Your Home Purchase
One of the biggest events in a real estate transaction is the closing, when all parties sign the final contracts and ownership (and the key) is officially turned over to the buyer. But what happens when you have a busy…
Coronavirus, Emergency FED Rate Cut, MBS Bond Purchases and the Refinance Opportunity
The FOMC (FED) met for the first time on a Sunday in an effort to combat the economic effects of the Coronavirus. Assist Home Loans and mortgage lenders across the country are fielding a record number of inquiries from homeowners…
What to Know When Buying a Second Home
Are you dreaming of a vacation with your toes in the sand? Or maybe you prefer a mountain getaway. No matter what your vacation preference are, there are homes available in Arroyo Grande to purchase that can provide you with…
Steps For Refinancing Your Home
If your financial position has changed or the value of your home has gone up since you purchased it, you may be considering changing the terms of your home loan. If you want to get more favorable terms, lower your…
When to Consider a Second Mortgage (And When to Avoid It)
Over half of American homeowners financed their home purchase and have a mortgage. Banks and lenders like this arrangement because they earn money in the form of interest payments when they loan money to buyers. Buyers like it because they…
