Category Archives: mortgage and downpayment

Medical Bills and Credit Worthiness

“Medical Bills and Credit Worthiness” Over the years, I’ve worked with a lot of renters whose credit scores disqualify them from mortgage eligibility.  I’ll always ask, “How’s your credit?” and I’ll be assured almost to the person that their credit is ok.  Some … Continue reading

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Congratulations! You’re Under Contract

“Congratulations!  You’re Under Contract” Let’s discuss what you can expect once the clock starts ticking. Within 48 hours, your initial deposit will be deposited into the listing broker’s escrow account. You have 3-5 days to meet with your mortgage banker and originate your mortgage. … Continue reading

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It Could Be Scary to Be a First Time Homebuyer

“It Could Be Scary to Be a First Time Homebuyer” In honor of Halloween, I decided to look at the SCARY issues facing first time homebuyers.  Since the housing bubble burst, opportunities for first time homebuyers have increased as property … Continue reading

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Capping Itemized Deductions and the Housing Market

“Capping Itemized Deductions and the Housing Market” It’s the silly season all over our country.  Politicians hoping to capture our vote with as little useful policy information as possible.  A local DJ suggested a drinking game for debate watchers.  Everytime a candidate mentioned the middle class, you … Continue reading

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The Myth About Obamacare and Conveyance Taxes

“The Myth About Obamacare and Conveyance Taxes” The other day while perusing my Facebook timeline, I came across a comment stream about the tax implications of Obamacare on the purchase and sale of real estate.  You’ve seen the emails, you’ve … Continue reading

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Making the Finances Work When Buying a Home

“Making the Finances Work When Buying a Home” Last year I worked with a buyer who thought he couldn’t afford a home he was well qualified for, because the government was taking the max amount of withholding from each of … Continue reading

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