Since a minimum credit score is required for most loan programs, the first thing a lender will do is check to see if your score measures up – this is known as a “credit inquiry.” There are two primary types …
Trend or Fad? Knowing the Difference Could Save You Money
When updating your home (especially to put on the market), It’s a good idea to incorporate current trends into your renovations. There’s a fine line between trends and fads however, and the difference can affect your buyer pool. Fads are …
Calling in the pros on HVAC repair
If you’re a homeowner, the internet can be a great source of comfort when it comes to tackling do-it-yourself maintenance. Yes, Google can show you the simple steps to replace a furnace filter, but most other HVAC repairs are not …
What’s the skinny on jumbo loans?
Let’s talk about conforming loans vs. jumbo loans in the mortgage world. The Guidelines Each year in October, the Federal Housing Finance Agency, or FHFA, collects data on the national median home value and compares that number to October of …
Inspections vs. Appraisals vs. AVMs
Inspections, appraisals, and automated valuation models, while related, all have different functions but can be easily confused. Let’s take a closer look. Inspections: A property inspection is ordered by the buyer and is meant to be an unbiased look at …
Credit Scores Demystified Copy
If you’ve made a resolution this year to get your credit on track, getting started can feel a bit daunting. After all, it can sometimes seem as if credit agencies want to keep you in the dark about how scores …