Can I Afford a Mortgage?
If you’re getting ready to start house shopping, you’ve probably taken a good look at your budget and wondered how much house you can afford. Maybe you’re asking yourself if you can afford a mortgage at all! There are a…
Can I Use a USDA Loan to Buy a House?
Did you know that the United States Department of Agriculture, USDA, has a home loan program? The USDA Loan is an option that is backed by the USDA and offers buyers the chance to purchase property in certain areas without…
How Does a Mortgage Work Anyway?
If you plan to purchase a home, you have probably started to research the best mortgage options to make the most of your money. When looking at your home purchase, you have to consider both the actual cost of the…
Does an FHA Loan Require PMI?
If you have been shopping around for different mortgage options, you’ve likely come across the FHA Loan. This mortgage is administered by the Federal Housing Administration. It allows home buyers to purchase a home with a low down payment, often…
Pros and Cons of a Fixed-Rate Mortgage
Fixed-rate mortgages are mortgages where your monthly payments will always stay the same throughout the life of the loan, which can be helpful in planning for the future. However, fixed-rate mortgages also have the potential to hinder borrowers if the…
What Is Required for a Conventional Mortgage?
When buying a home, most people use a conventional mortgage. This requires the home buyer to put down some amount of money, called a down payment, on the purchase. This is represented as a percentage of the overall purchase amount.…
What is a Jumbo Home Loan?
A Jumbo Home Loan is a type of mortgage loan for high-priced homes in certain regions of the United States that exceed conforming loan limits. A jumbo home loan is not just one size fits all; it can be tailored…
Can I Buy Real Estate Abroad?
If you have been dreaming about owning an exotic beach house, you may be surprised to find that it is easier than you may have thought. It can also be quite challenging to purchase real estate internationally. It all depends…
What is Fair Market Value (FMV) in Real Estate and How is it Calculated?
Fair Market Value (FMV) in real estate refers to the most probable price a property would sell for on the open market, assuming both buyer and seller are knowledgeable, informed and acting without undue pressure. It is calculated using several…
Buying & Selling High-End Real Estate
If you love shows like Selling Sunset and Million Dollar Listing, you may be wondering what it takes to get into the glamorous life of luxury real estate. While it may look like sipping champagne at an ultra-exclusive showing, there…
