Advertisements constantly hammer us with the fact that anybody can qualify for a mortgage with no money down. Buying real estate can and should be a quality financial investment. Purchasing a piece of real estate, whether as the primary residence or as an investment property with zero money down can be either a very smart move or a very dumb move depending on how the real estate investment is handled…MORE
Many real estate investors who are purchasing a home for the first time have no idea exactly how to figure out how much house is enough, and how much is too much. There are some key points to take into consideration when purchasing a home. The first time investor will need to examine their budgets, their finances and the potential real estate assets closely in order to be able to make an informed investment decision…MORE
Financing is a key factor in real estate investments. Mortgage rates, prime interest rates and other factors regarding the mortgage or home loan will all help to decide whether or not the potential real estate investor is capable of obtaining a property, whether for their primary residence or as a rental investment. All of these investment variables are directly related to financing…MORE
A FICO score is a credit score developed by Fair Isaac & Company to help lenders determine the risk involved in lending money to any person applying for a loan. It is widely accepted by lenders as one of the most important components helping determine eligibility as well as specific amounts, rates and terms that can be offered. FICO scores range from 300-850. The higher your score, the less risk involved in lending to you…MORE
Most of us have spent a great deal of time imagining our dream home; the yard full of roses encased by a white picket fence, the elegant staircase climbing around and around, the large kitchen with marble countertops, the master bath with it’s Jacuzzi tub surrounded by candles, and the waterfall pouring gracefully into the marvelous clear blue pool…MORE
Getting pre-approval from a bank or other financial institution is imperative before beginning the search for a home. It is important to understand the price range you’re able to afford and specific aspects of your financial situation that may determine your eligibility.