When a house sells too fast   Home owners could be losing profit unnecessarily   Houses sell fast in a standard market when they are priced low. This could be a good thing if the owner needs to sell fast. But if the owner wants to maximize the proceeds from a property sale, a too fast sale indicates the price was set too low. If a cash investor buyer snaps up the property in hours, that... Read more

Mortgage Application Checklist The mortgage application requires a good deal of information.  The information as well as the documents proving the data can feel very personal. The lender is required by some laws to ask for some data. Other data is the lender’s policies and lending guidelines. Information Full legal name, Social Security number, Date of Birth phone number, email address,... Read more

CC&Rs Can Have a Big Impact on a Home   Covenants, Conditions, and Restrictions or CC&Rs create rules for a housing community.  The CCR&Rs are agreements on the part of the buyer to do or not do certain things.  The buyer automatically agrees to these by purchasing the property. Some CC&Rs are easy to understand others may cause some life style changes. ... Read more

Debt to Income Ratio The debt to income ratio (DTI) is a very important factor for qualifying for a mortgage. What is a Debt to Income Ratio? The Debt to Income Ratio compares the applicant’s total fixed monthly expenses like monthly housing expense and other monthly debt obligations to their gross income. Some examples of monthly housing expenses are monthly housing costs or the housing... Read more