12 Apr 2023
By John Cofiell

How Young Is ‘Too Young’ to Buy Your First Home? Getting Started Early Has Its Ups and Downs

Home Buyer Tips , ,
Many millennials are expected to enter the housing market in the next year with the interest rates still low. However, while it may be a good time, it does not necessarily mean that it's the right time for you to make the investment. If you're currently weighing your options when it comes to home ownership, here are some things to consider before you decide put the money down. Are You Struggling With Student Debt It's possible to invest in a home when you're still paying down student debt, but if you're also struggling with a low-paying job and a high…
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25 Jan 2023
By John Cofiell

On Time, Every Time: How Being Late on Monthly Payments Can Affect Your Mortgage

Home Mortgage Tips , ,
Are you the type of person that struggles with remembering to pay their bills on time? You're not alone. People across the country regularly submit late monthly payments, inflicting terrible damage to their credit. Let's take a quick look at how paying your loan or other monthly payments late can have a negative impact on your mortgage. Your Credit Score Is At Risk As you already know, almost all banks, credit cards, mortgage companies and other lenders rely on your credit score to help assess the risk of lending money to you. Paying any of your payments late – even…
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04 Jan 2023
By John Cofiell

How To Keep Your Address Private

Mortgage , ,
There are not many parts of your life that are private anymore. Today, it is relatively easy for someone to go online and look up your address in just a few minutes. At the same time, there are some people who have an easier time keeping their lives private. Celebrities, public officials, and other people who are frequently in the public light are able to conceal their addresses. Even if you aren't famous, what do you need to do to hide your address? Talk To A Real Estate Agent If you want to keep your address private, the first thing…
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09 Dec 2022
By John Cofiell

Buying a Home in a Fire Risk Area: Here’s What You Need to Know

Home Buyer Tips , ,
Outside of the significant financial responsibility of delving into home ownership, there can also be a lot of other risks involved that you may not have thought about before investing in a home. You'll need to protect your home against theft or burglary. And homeowner's insurance to protect your home and belongings is almost a requirement. But there are other less common occurrences you may not have thought about. If you happen to be living in an area that's at high risk of fire, here are some things to consider beforehand. Defining "High Risk" It's easy to be swept away…
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02 Dec 2022
By John Cofiell

Understanding ‘PITI’ and What Goes in to Your Monthly Payments

Home Mortgage Tips , ,
Ask any friend or family member that owns a home and they will share that it takes a bit of management to keep all the expenses under control. Let's explore the concept of PITI and why it is vital to have a clear picture of how much your home is costing you each month. Just What Is PITI, Anyway? PITI is an acronym that stands for "principal, interest, taxes and insurance," which are the four main components that make up your housing costs. Principal - this is the amount that you are paying against the total amount that you borrowed…
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01 Dec 2022
By John Cofiell

What Are The Different Types Of Investment Properties You Can Purchase?

Investment Properties , ,
If you are looking for a way to diversify your investment portfolio, there are different options available. One option is to invest in real estate. With so many different choices, how can you select the right one for your needs? There are a few key points to keep in mind. A Single-Family Home One of the first options you might be considering is a single-family home. This is a versatile option that you can use to host long-term renters or vacation visitors. Single-family homes come in many shapes and sizes, but the variation can also make it a bit of…
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04 Nov 2022
By John Cofiell

Taking Out a Mortgage for the First Time? Learn Why a Condo Might Be a Great First Home

Home Mortgage Tips , ,
Are you starting to tire of paying your monthly rent to someone and never building any equity? Renting forever can be a significant pain, especially as you're contributing to someone else's financial well-being. The good news is that there are affordable real estate options out there for those investing in their first home. Below we will share a few excellent reasons why an apartment or condo might be the best choice for a first-time home buyer. A Manageable Monthly Payment In most markets across the country, condos and apartments are available at a significantly lower cost than a full-sized house.…
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02 Nov 2022
By John Cofiell

Downsizing? Here’s What You Can Expect When You Move From a House to a Condo

Home Buyer Tips , ,
Whether the kids have moved out or you just aren't using the extra bedrooms, having a house that feels 'too big' is rarely fun. In today's post, we will share a few changes you can expect when you downsize from a large house to a smaller apartment or condo. Why Downsize At All? As you might imagine, having too much space is the primary reason that couples and families downsize. Larger homes cost more to maintain and can feel empty if it's just one or two people living there. In many cases, old items and clutter tend to build up…
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