by Athena Paquette | May 7, 2016 | Blog, Home Owners, Investors, Realtors
You must be a citizen or at least a resident alien to buy a home in the US. Not true. Many people are here on work visas sponsored by an employer. They often are going through the process of getting a green card/alien card, but often are going straight for...
by Athena Paquette | Apr 24, 2016 | Blog, Home Owners, Investors, Realtors
Rates creeped up this week on good economic news. The jobless claims for the week were down 6000 to 247,000. March existing home sales were up 5.1%, yet building permits dropped 7.7&% and housing starts were 8.7% lower. Some would say this is bad news for the...
by Athena Paquette | Apr 24, 2016 | Blog, Home Owners, Investors, Realtors
A client referred by his CPA calls because he found out that his IRS tax from 2009-2011 that was delinquent, but on hold, was now due. The IRS was going to force the sale of the home if they didn’t come up with the money, $345,000. This couple had owned a business...
by Athena Paquette | Apr 24, 2016 | Blog, Home Owners, Investors, Realtors
Paying PMI is bad. I had a new client come in for a pre-approval the other day and say that PMI is bad and he only wants loans where he doesn’t pay PMI. I asked him why, and he said because you can’t write it off and it’s a waste of money. So I gave him the option of...
by Athena Paquette | Apr 9, 2016 | Blog, Home Owners, Investors, Realtors
Not a lot of news this week, but interest rates slid down .125% in most categories. Jobless claims for the week were down a bit, and the ISM came in with a strong number. That didn’t move the markets, so we are in wait and see mode.
by Athena Paquette | Apr 9, 2016 | Blog, Home Owners, Investors, Realtors
Client who was referred by 2 different people at work called me after 1 year of fixing his credit. I had given him 6 items to work on, on 3/3/15. This week he called and said he thought he was ready. His 548 middle credit score from last year is now 698; in fact 1...