by kramoltz@hotmail.com | Jun 5, 2017 | Home Buying, Mortgages + Lending, Selling Your Home
Educational docs/docs you may need after closing. Educational documents mainly are directed at the buyer/borrower, and most give information about the mortgage process. These contain info which may be useful and should be read. The loan related papers can generate...
by kramoltz@hotmail.com | Jun 2, 2017 | Mortgages + Lending
30 year mortgage rates fell below 4% last week to the lowest amount this year. And the 15 year rate was only 3.19%.
by kramoltz@hotmail.com | May 30, 2017 | Global Buyers + Foreign Investment
Of all high-net-worth foreigners owning homes here, Mexicans own the most. 14% of this income group are landholders in the U.S. Next is the Bahamas at 13%, England is third, and France comes in at fourth place. I’m a little suspicious of the Bahamas stat. My guess is...
by kramoltz@hotmail.com | May 24, 2017 | Home Buying, Mortgages + Lending
The monthly amount necessary to acquire/own a home should be no more than around 28-30% of gross income. Include in this payment the monthly anticipated loan principle and interest, homeowners insurance, real estate taxes and association fees. To calculate that amount...
by kramoltz@hotmail.com | May 18, 2017 | Real Estate History
In the U.S., its common for a buyer to receive a gift after they purchase a home. In Germany the tradition is to give a small cup of salt and a loaf of bread to someone who’s moved into a new home. These food staples symbolize lifelong prosperity.
