Blog

Taking an Extended Vacation? Renting Your Home to Long-term Tenants is a Great Option
By Peta-Gay
May 1, 2015

Taking an extended vacation can seem like a dream come true. You may have plans to spend your summer in Europe, your winter in the Caribbean or even a full year or longer exploring a different region. If you have the luxury of taking an extended vacation, you may have your sights set on adventure and relaxation. However, you also need to consider the practicality of leaving behind your home and belongings for an extended period of time. A great idea is ...

3 Huge Mortgage Mistakes Made by First-time Home Buyers - and How to Avoid Them
By Peta-Gay
May 5, 2015

As a first-time home buyer, you may actively be seeking out information about your upcoming purchase. Buying a home is a huge financial move to make, and it can impact your financial situation and even your lifestyle for many years to come. While it is important to learn more about what to look for in a home, it is also important to learn about mistakes home buyers have made. When you learn more about mortgage mistakes that others ...

Buying a New Home This Spring? How to Avoid Overpaying as the Market Starts to Heat Up
By Peta-Gay
May 6, 2015

While the real estate market in most areas may slow down considerably during the winter months, activity quickly picks up in the spring time. More listings are available for buyers to choose from, but there are typically many more buyers competing for those properties. With the fast-paced and often pressure-filled market activity during the spring, it is easy for buyers to react accordingly and to overpay for the home they fall in love with. By following a few important tips, you can ...

3 Reasons Why Your Mortgage Lender Might Ask for Your Tax Returns - and Why You Should Provide Them
By Peta-Gay
May 7, 2015

After you have completed the initial loan application and have signed the preliminary loan disclosures, your mortgage loan application will generally receive a preliminary prequalification. This prequalification will be based in large part on your ability to provide documentation to support your statements on your loan application, including your stated income and assets. Typically, a lender will include a request for least the last two to three years of your income tax returns with this documentation. There are several reasons ...

3 Trends That Will Help Shape Your Local Real Estate Market in 2015
By Peta-Gay
May 18, 2015

Each real estate market is unique in various ways, and your local real estate agent can help you to become more familiar with the trends in your community. For example, in some areas, it may be common for a seller to pay for at least a portion of the buyer's closing costs, but this may not be common practice in other areas. While each market may be unique, there are some common trends that you can expect to be rather widespread ...