Jack and Jill desperately wanted to buy a home. After the twins were born, space got really tight in their one bedroom apartment and they really needed a new space. They had a lot of things in their favor, good credit, good jobs and some savings. Unfortunately their savings wasn’t enough for the required down […]
WAYS TO RAISE YOUR CREDIT SCORE
September 12, 2012 by
When it comes to cultivating a credit score you’ve probably got the good citizen routine down cold. You pay on time, try to wipe out the entire balance every month and never close too many accounts at once. Beyond the basics, though, many consumers are still in the dark about what makes their credit scores […]
Carbon Monoxide Detectors required for All Mortgage Loans
September 11, 2012 by
Effective January 1, 2011 you are required to have at least one Carbon Monoxide detector in each home near every bedroom. Multi-story houses or houses where the bedrooms are not located adjacently, may need more than one Carbon Monoxide Detector. Reference the link and summary below for more detailed info about the new law. http://www.car.org/legal/disclosure-folder/carbon-monoxide-detectors/?view=Print&url=h […]
Why do I Need Mortgage Insurance?
September 3, 2012 by
Mortgage Insurance – M.I. or no M.I. – that is the question What is it ? – Insurance that pays the lender in the case of default (non-payment)… that the borrower pays for. Why would I want it ? – It’s not likely that you would elect to pay Mortgage Insurance you had a choice. […]
