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…

Condominiums and townhomes are a great option when it comes to homeownership. They can be great as starter homes, for those looking to downsize, or even those looking to be…

An appraisal report is an integral part of the mortgage loan process. Occasionally a lender will issue a PIW (property inspection waiver) allowing a borrower to skip this requirement however…

We are often approached by potential borrowers who are moving from one city/state to another and looking to get pre-approved for a mortgage. While this may seem straightforward and logical…

In an ideal world, you choose the lender whom you want to work with before you begin your home-buying process. However, it’s fairly common for borrowers to want to make…

The current interest rate environment has created a resurgence in second mortgages for homeowners. This resurgence in second mortgages is logical since taking out an additional mortgage is typically a…

You probably are aware that the Federal Reserve has been aggressively raising interest rates. The recent interest rate increases which began in 2022 and are continuing across 2023 are a…

Reverse mortgages have been growing in popularity in recent years at a substantial rate. With home equity reaching all-time highs and baby boomers now entering retirement, more individuals have been…

Credit scores are a major factor in personal finance – especially when it comes to mortgage loans. Most residential mortgage loan programs have minimum credit score requirements for eligibility. Furthermore,…

When buying a home, the financial aspects can be overwhelming, and one critical factor that homebuyers should consider is seller credits.  Seller credits, also known as seller concessions or seller…