DEBBIE BURNESS REAL ESTATE GROUP
Find your dream property today! Get listings 6 days faster than Zillow!
Category: Uncategorized
There’s more to it than you might think
There is more to selling a home than you might think. Superficially, a person might think that it will sell itself currently because, nationally, homes for sale receive 3.6 offers and they sell within 18 days. Any business student can probably list the four… Continue Reading “There’s more to it than you might think”
Will Soft Inquiries Hurt Your Credit Score?
Soft inquiries, sometimes known as a soft credit check or a soft credit pull, do not impact your credit scores because they are not attached to a specific application for credit. They can occur when a credit card issuer or mortgage lender checks a… Continue Reading “Will Soft Inquiries Hurt Your Credit Score?”
Paying Down Your Mortgage
When the situation arises that you have a lump sum of cash to pay down your existing mortgage, there may be different options available. Pre-paying principal on a fixed-rate mortgage shortens the term of the mortgage but the payment stays the same. Conversely, recasting… Continue Reading “Paying Down Your Mortgage”
An Easy Fix to Avoid a Flood in Your Home
Do you remember if or when you have replaced your washing machine hoses? Are they the original hoses and if so, how old is your washing machine? It is recommended that washing machine supply hoses should be replaced every five to seven years. Washing… Continue Reading “An Easy Fix to Avoid a Flood in Your Home”
In Search of a Big Mortgage
The Fannie Mae and Freddie Mac loan limits are adjusted annually to keep up with cost of living but with the appreciation experienced in many markets, it may not be enough. When the conforming loan limit is not enough, qualified buyers can turn to… Continue Reading “In Search of a Big Mortgage”
Credit Utilization Affects Your Score
Credit utilization reflects how much of your available credit is being used at a given time. Lower credit utilization indicates that a borrower is not heavily relying on their credit and that they are using their credit responsibly. Is calculated by dividing your total… Continue Reading “Credit Utilization Affects Your Score”
Larger Payment, Shorter Term, Bigger Savings
Some people consider a house payment as basic as monthly utilities but with a plan and some discipline, you can be mortgage free. Consider a person borrowed $300,000 at 3% for 30 years, the principal and interest payment would be $1,264.81 and at the… Continue Reading “Larger Payment, Shorter Term, Bigger Savings”
Have you checked these lately?
Homeowners know the need to periodically check certain things around the home to ensure that things operate properly and efficiently. If maintenance is required, it may be less expensive to take care of it early rather than waiting until it is not working at… Continue Reading “Have you checked these lately?”
Uncle IRRRL wants to refinance your VA loan
You don’t have to have an Uncle IRRRL but you must be a veteran with a current VA-backed home loan. IRRRL is an acronym for Interest Rate Reduction Refinance Loan. To refinance with this program, also called the VA Streamline, the loan must provide… Continue Reading “Uncle IRRRL wants to refinance your VA loan”
Removing or Adding a Person to a Loan
In divorce situations, it is common, for the spouse who keeps the home to refinance to remove the other spouse from the loan. Equally as common, first-time buyers who don’t have enough income to qualify may ask a parent to co-sign and must add… Continue Reading “Removing or Adding a Person to a Loan”
DEBBIE BURNESS REAL ESTATE GROUP 