Credit utilization reflects how much of your available credit is being used at a given time. Lower credit utilization indicates that a borrower is not heavily relying on their credit and that they are using their credit responsibly. Is calculated by dividing Continue Reading
Some people consider a house payment as basic as monthly utilities but with a plan and some discipline, you can be mortgage free. Consider a person borrowed $300,000 at 3% for 30 years, the principal and interest payment would be $1,264.81 and at the end of 12 years, the Continue Reading
Homeowners know the need to periodically check certain things around the home to ensure that things operate properly and efficiently. If maintenance is required, it may be less expensive to take care of it early rather than waiting until it is not working at Continue Reading
You don't have to have an Uncle IRRRL but you must be a veteran with a current VA-backed home loan. IRRRL is an acronym for Interest Rate Reduction Refinance Loan. To refinance with this program, also called the VA Streamline, the loan must provide a net tangible Continue Reading
Less than 3 percent of REALTORS nationwide carry this prestigious designation. Both Carrie and Mary are Certified Residential Specialists and ready to assist you with all your real estate needs. Continue Reading
The decision to buy first or sell first, has always been a little of the "Which came first: the chicken or the egg?" type of question. Is it better to buy another home before you sell your current one or sell the current one before you buy the replacement? Some Continue Reading
In divorce situations, it is common, for the spouse who keeps the home to refinance to remove the other spouse from the loan. Equally as common, first-time buyers who don't have enough income to qualify may ask a parent to co-sign and must add their name to the Continue Reading
The fall colors in the Tahoe area have been spectacular this year. I wish we had fewer pines and more deciduous trees, but then we'd look like the east coast! :). All kidding aside, I'll share a couple of "colorful spots" for viewing next fall season. Just reach out Continue Reading
U.S. homeowners with mortgages have seen their equity increase by a total of $2.9 trillion or 29.3% since the 2nd quarter of 2020. Continue Reading