 Finding out which condos are on the FHA approved list is important, so you know what kind of financing is available if you are buying or selling a condo. Approved by FHA To get approved by the FHA the condo association has to submit paperwork showing that the association is managed by the owners, not [...]
July 27th, 2009 by Kathleen Seide
 I have been hearing more and more about scams where people or companies take advantage of people’s housing woes. A sad reality that the scam artists have had time to catch up to the rest of the world, but take heart – we can stay one step ahead of them! Tips to avoid a scam [...]
July 13th, 2009 by Kathleen Seide
 A great first step toward buying a house is getting a firm handle on your finances. Understanding what your income and expenses actually are right now will help you decide how much home you can afford, how much you can expect to save for a down payment, and what extra monthly expenses you can live [...]
June 25th, 2009 by Kathleen Seide
There has been a lot of confusing news about using your $8k tax credit to buy our home. Since the announcement was made by FHA that people will be allowed to apply the money to their purchase we have been waiting for real details of the plan to come out. The Latest News From the [...]
June 23rd, 2009 by Kathleen Seide
Since your credit scores can have a huge affect on your life – from interest rates for home loans to approval for renting an apartment – it’s a great idea to understand how your credit report works. Here is a great video from The Credit Learning Center. It’s almost 5 minutes long, but very worth [...]
June 21st, 2009 by Kathleen Seide
Your credit scores, along with your overall income and debt, are a big factor in determining whether you’ll qualify for a loan and what your loan terms will be. You want to do what you can to improve and maintain your credit score before you apply for a loan. Each of the three major credit [...]
June 17th, 2009 by Kathleen Seide
 The Truth–In–Lending statement (TIL) is a tool that was developed for borrowers (that would be YOU) to determine if company A has a better loan offer than company B, C, or D. The philosophy behind this statement is strictly based on one box at the top left hand corner of the statement labeled Annual Percentage [...]
June 12th, 2009 by Lindsey Browning
 A new law was just passed that affects credit cards in a big way. If you use credit cards regularly it sounds like this law will affect your daily life… here is a great article from MSN Money to help you understand what is changing. Knowing how to use your credit cards and how they [...]
June 8th, 2009 by Kathleen Seide
When deciding on a home loan this is always the big question: “Will rates go up or go down?” Great Rates Nobody is going to argue that rates are too expensive right now. You might be agonizing over .25% changes in your rate quotes but in 3 or 5 years you will probably be impressing [...]
June 2nd, 2009 by Kathleen Seide
 Anyone would be surprised or upset if the fees they were quoted by a lender changed by the time they got to the closing table. It happens sometimes, read below to find out why… Why would the numbers change? There are several reasons why lenders may misquote their fees when a borrower is beginning the [...]
May 22nd, 2009 by Lindsey Browning
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