by kramoltz@hotmail.com | Feb 10, 2015 | Home Buying, Mortgages + Lending
Here are four general rules of mortgage affordability you can use to help you determine how much debt you can handle when buying a home. What is your Income? You can typically afford a home priced two to three times your gross income. So if you earn $100,000, you can...
by kramoltz@hotmail.com | Feb 10, 2015 | Home Buying, Selling Your Home, The Attorney-Broker Advantage
I’ve written many times about how Dual Agency isn’t good for you. I’ve also commented on how the Arizona Association of Realtors, the Realtor Code of Ethics, and the Arizona Department of Real Estate doesn’t prohibit this anti-consumer practice. Dual agency is where...
by kramoltz@hotmail.com | Feb 9, 2015 | Home Buying, Title Insurance + Escrow
When buying a home or refinancing your existing mortgage, you should ask whether you are entitled to a title insurance discount. Reduced premiums are often available, yet usually are not volunteered or offered. When considering how much that insurance can cost, it...
by kramoltz@hotmail.com | Feb 6, 2015 | Home Buying, Renters and Renting
In 2011 I wrote about the advantage of buying a home over renting one. It was based on a report of the greater Phoenix area prepared by local analyst Fletcher Wilcox of Grand Canyon Title in 2010. It analyzed whether it was cheaper to pay rent or pay a mortgage on a...
