Another weekend in Fall paradise awaits! You can never go to enough pumpkin patches and fall harvest festivals this time of year. This weekend features dog-friendly festivals too. So gather up the kids, the spouse, and the dogs and get out there and be active! Continue reading
This post was submitted by guest blogger and real estate finance expert Sylvia Setash from Acacia Federal Savings Bank. She will be guest blogging advice about mortgage types, rates, and tips on buying and selling. Check out her bio at the end!
My goal is not to scare you. Far from it. My goal is for your home buying experience to be as stress-free as possible. But I am also a believer in explaining why things are the way they are. And that is what I am attempting to do here. Everyone has heard a horror story when it comes to getting a mortgage loan. What isn’t being shared with the general public is the fact guidelines continue to get tougher and more detailed with every passing month. No one is unscathed: not the first time borrower or even the veteran, move-up buyer. If you received a mortgage loan in 2010, the differences will be evident in the required documentation. There’s a threefold reason for the lending lock-down:
- Investors (banks) don’t want the home back in foreclosure
- Insurers (PMI) don’t want to pay claims
- Federal regulators are determined that certain procedures will be performed at certain times in the loan application’s lifeline.
Add to that, when lending is tight, instances of fraud are on the rise. Even though it feels like the planets are lining up against the applicant, never has it been a better time to invest in real estate. So, with hopes of minimizing your challenges, here are some tips. Continue reading
This is a good time to look back at the year 1982. 30 year mortgages that were taken out that year are now paid off so, as we celebrate that event, let’s check out what was going on back then. We’ll see that some things change and a lot stay the same: Continue reading
Welcome to what promises to be another unforgettably beautiful weekend! I’m sure most of you are aware of the Skins home opener this Sunday, but if that’s not really your cup o’ tea, we’ve got a whole host of other fall related events to suit everyone’s style! We’ve classified them by theme this time to make it easier on your eyes. Check them out after the jump. Continue reading
Drinking wine can be fabulous, delicious fun on many levels. However, a lot of us have trouble getting past Wine 101 because there are so many choices. The task of getting to what you really want can be somewhat intimidating. Here are some simple thoughts to move you forward. Continue reading
This weekend is forecasted to be just as gorgeous and cool as it’s been all week long. Get out there and enjoy! These events all take place outside and are very family friendly. Let us know how you spend your weekend by commenting or sending us photos of your family having fun! Continue reading