by kramoltz@hotmail.com | Mar 27, 2018 | Home Buying
First of all, interest rates are expected to continue to rise. Plus inflation may also come back long term. And more unfavorable laws that reduce the advantages of buying could be enacted (minor tax law changes already came into effect 1/1/18). If so, buying a home...
by kramoltz@hotmail.com | Nov 8, 2017 | Home Buying
Saving up enough money for a down payment can be tough. The best way is to segregate funds dedicated to that purpose on a regular basis through a separate account – like a savings account. Then try these methods: 1. Set up automatic transfers from your checking...
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 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 1, 2017 | Home Buying, Selling Your Home, Title Insurance + Escrow
First in the analysis of documents used in residential transactions are junk documents. The documents that fit in this category are non-negotiable or provide minimal or no useful information. Most are directed at borrowers, and are acknowledge that disclosures...
