Buying Stock in Apple Computer for less than $10 per share. Buying up farmland during the Great Depression. Building a website to connect your friends before some kid from Harvard did it first. “I was seldom able to see an opportunity until it had ceased to be one.” – Mark Twain The world is fullContinue reading “What Opportunities Have You Missed?”
We all know the old line about location. But buying a home takes research, research, research, too. You will want to determine: How much you can comfortably afford. The pre-approval process, which entails full documentation and credit check, is the best way to determine the numbers that are right for you. Early in your search, you canContinue reading “Take action to buy a home for the first time.”
Being a homeowner is exciting. It can be financially rewarding, too. Unfortunately, it can also put you in a tough legal position.
Getting a home loan can be a challenging process, and a finicky one. Qualifying can be challenging and once a buyer gets approved, it can be surprisingly easy to derail the process.
When you visit your lender to get a mortgage for your home, they will tell you the maximum amount that you are allowed to borrow. But how do they reach this total and what factors do they take into consideration?