Economic News: Are We Ordering Chinese?
All the news was focused on China this week, but we did get some of our own news… China, on Tuesday, devalued their currency, the Yuan, and then did again on Wednesday. Then they saw it slide against currencies around the world on Thursday. So do we care? Well, we do,...
Mythbuster: Must You Have Credit to Buy A Home?
Not Necessarily! I recently spoke to a client who had been turned down by 2 of the big banks and their own credit union. $80,000 in income no debt, $150,000 to put down but…. No credit scores. This person had never established credit because they paid cash for...
You Can Only Use Your VA Benefit One Time. FALSE
I was just talking to a veteran who thought he was out of the game because he bought a home using his GI Bill in 1979. He was so happy to hear that if he paid off the loan in good standing he can get reinstated and use his VA again. He will pay a higher Funding Fee...
Special Announcement
Dear Homeowner, Congratulations on buying your home in 2014! As you may have heard the Mortgage insurance rates came down last week and so now is your chance to drop your rate and cut your monthly mortgage insurance “PMI” almost in half. There is no qualifying and no...