Author: demodmin

If you haven’t heard interest rates are at record lows (I know you probably heard this on the radio the last ten years, but this time its true!). So if you have a mortgage, there’s a good chance you can refinance into a lower rate (generally a good idea :) and may consider getting cash out, so here are five things to consider. First we will start with the pros…. Low Rates and Lower Rates. As we said rates are low now – like really low. And if you’re considering a HELOC or home equity line of credit, rates on a mortgage refi are often lower. So you can lock in a low rate and have lower payments – sounds good right? Debt Consolidation If you have a lot of…

We don't need to tell you that 2020 is presenting new challenges, but some of them can be opportunities. If you are lucky enough to have outdoor space consider making an outdoor room! An outdoor room is a great way to enjoy the summer weather, get fresh air and Vitamin D from the sun (it helps strengthen the immune system 💪). Creating an outdoor room you'll want to consider what its primarily going to be used for: relaxing, dining or maybe working. First, you'll want to make sure it has a ceiling! Ok maybe not an actual ceiling if you have a tree for cover that's great! If you're super ambitious a pergola is awesome but you can always get an umbrella or a trellis and cover that. Next you'll…

The housing marketing is showing signs of rebounding with pent-up demand from the lockdown and tight supplies. Applications for new home loans reached an 11-1/2 year high last week! And there was a 14.4% increase in applications for new home construction in May. Along with historically low interest rates we are seeing signs of the housing market helping to lead the economy back 📈

Many Americans have been hit hard by the pandemic and doing things that were normal a few months ago, like making your monthly mortgage payment are now a struggle for many. If you need to pause your payments there is a government program called the CARES Act which allows you to pause payments for up to 180 days (and there is an option to extend another 180 days). You will need to have a federally backed loan to qualify (FHA, VA, USDA, Fannie Mae, Freddie Mac backed loan), if you do not have a federally back loan you will need to contact your servicer for assistance, many are offering options. To apply for forbearance you will need to contact your loan servicer and must have been current on payments prior…

A question a lot of potential home sellers are asking is should I put my house on the market now? 🤔 Every situation and location varies of course, but there are some general pros and cons. One pro is rates are historically low right now, so that is a pro. Another reason is well lets be real, there is economic uncertainty so you may want to sell now for that reason. The cons would be that while we are starting to open up again ( 🥳 ), there are still going to be people apprehensive about going house shopping right now. There are great virtual open house tools that will help (but we usually recommend checking out a house in person before actually purchasing. Of course we won't be in…

As we are in unprecedented times, many of us need help. If you are worried about making a payment next month, you maybe able to delay or reduce your mortgage payment. Please check the link for more details https://www.consumerfinance.gov/ask-cfpb/what-is-forbearance-en-289/

Happy Memorial Day! Wishing you and your family a safe and happy Memorial Day! And an extra special thanks to those who've served and those who are serving us now.

Wishing you and your family a safe and joyful holiday!

Its December already and we know you're busy in the holiday season but here a few tips for you! Many people have unclaimed money - here's a link to a site that help you find the link to your state site to do a free search of potentially unclaimed money you might have overlooked! 🤦‍♂‍ https://unclaimed.org/ Its the season of giving so make sure you make your charitable contributionS for the year by the end of the month :) So stay warm and remember its a festive time so don't get too stressed shopping and planning that you forget to enjoy a hot chocolate and ugly sweater with friends and loved ones!

Happy Thanksgiving 2019! We wish you and your family a day full of good food and good times. And remember take the time to give thanks for the little things :) 🦃