One of the first items on your new home quest checklist should deal with your finances because getting a mortgage these days can prove to be challenging. We hear about the issue almost daily but what do YOU do to put yourself in the best position to obtain the best mortage? There are some basic
What is a VA Loan?
We have our guest blog writer, Leslie Wish – Senior Loan Officer at McLean Mortgage, giving us some great information about VA Loans: You would be amazed at the number of people who are eligible to use the VA loan program and don’t know it! In my opinion the VA loan is the best
Buy vs. Rent – what to do?
It seems that there is one question that those either working in real estate or contemplating getting real estate have always asked: Is it better to buy or rent a home? This question comes up time and again regardless of the economy and real estate market so let’s look at a few of the
Do I have to pay PMI?
Our blog has a guest writer this week to help you out with your questions regarding PMI. Leslie Wish (CMPS), Senior Loan Officer with McLean Mortgage Corporation gives you information and guidance on this important detail relating to your mortgage: Oftentimes buyers will come to me asking about mortgage insurance and why they have to pay
The Economy, Inflation and Your Interest Rates
We keep hearing that now is the time to buy, partially because interest rates are so low right now. However, unless you are purchasing an inventory new home, today’s rates might not be what your rate is when you go to settlement. What to do? The most important thing to realize is that no one
The American Dream…Go For It!
Every day we hear about people trying to decide if now is the right time to buy. They weigh their pros and cons and either talk themselves into or out of purchasing a new home. A lot of the points that I hear being made relate to very tangible things that affect the buyer right
Getting the most out of your Pre-Settlement Walk-Thru
You’re almost ready to settle on your beautiful new home but you have one more very important meeting with the Builder – the Pre-Settlement Walk-Thru. I know you’ve got a ton of things on your mind as you prepare to move in, but this is a very important meeting as you prepare for settlement. I
Buying your first home doesn’t have to be that scary!
Good news and bad news…I will start with the bad: Purchasing a home ranks in the top 5 of most stressful things you will do in life. Doesn’t that make you just want to run out and buy a home?! But remember, I said there was good news too: There are many things you can
What does that mean?!
One would think you could call up a lender, tell them you’d like to get a mortgage and have a pretty straightforward and clear conversation. Same would go for talking to the Sales Reps in the model, right? Sure…until they start throwing things at you such as: Lender: Are you interested in an ARM? You: Hmm…I