Selling a rental property with appreciation can be exciting until it’s time to address capital gains taxes. If you’ve claimed depreciation over the years (as most rental owners do), here’s…
Understanding Non-Occupant Co-Borrowers Qualifying for a mortgage loan can be challenging, but having a non-occupying co-borrower may help ease the burden. A non-occupying co-borrower allows another person (usually a family…
In today’s competitive residential real estate market, understanding cross-qualification has become essential for both buyers and sellers. This comprehensive guide explains what cross-qualification is, why it matters, and how it…
Have you wondered what the mortgage loan pre-approval process looks like? While the loan process is similar across the mortgage industry, it will vary from lender to lender. Since we…
Not all mortgage pre-approvals are created equal. Getting pre-approved for a mortgage loan is an exciting first step in the home-buying journey, but not all pre-approvals hold the same value….
When shopping for a mortgage, there are a number of different options a borrower has when it comes to choosing a mortgage lender. The primary types of mortgage lenders consist…
The residential real estate industry is abuzz with the recent National Association of Realtors (NAR) Settlement, which is set to significantly alter the home-buying process as of August 17, 2024….
The largest hurdle for borrowers looking to qualify for a mortgage is to prove they have enough income to qualify – especially for those who are employed by a startup…
Securing a mortgage loan for a condominium or townhome involves more than just providing personal financial details. Mortgage lenders require a set of documents specific to the homeowners association project…
Introduction Most real estate investors are familiar with a 1031 exchange, a strategy used to defer capital gains taxes, where a property owner can take an existing property that they…
