Tawnya King

26 Aug 2022

The Importance Of Pre-Approval During The Homebuying Process

Mortgage

If you want to buy a home in the near future, you are probably aware of just how competitive the housing market is. You need to put yourself in the best position possible to be successful by getting pre-approved for a home loan. This is a very important step, particularly when you compete against people making cash offers. Learn more about the importance of getting pre-approved below, and make sure your offer is taken seriously. A Pre-Approval Letter Shows You Are Serious The first reason why you need to get a pre-approval letter is that it will show any potential…

25 Aug 2022

By Tawnya King

Winter’s Coming: Learn How to Prepare Your Plants, Trees and Other Landscaping

Around The Home

From the approaching holiday season to the New Year, there are a lot of things to prepare for when it comes to the winter. It's important, though, not to forget about the needs of your lawn for the upcoming cold season. If you're wondering how to ready your trees, your plants and your yard, here are some tips for saving your vegetation until the springtime. Fertilize For Grass Growth It might seem like a waste of time to fertilize your grass going into the winter months, but this is actually the perfect time to prep it for spring. As fertilizer…

24 Aug 2022

By Tawnya King

Expecting Children: How to Quickly Move into a Larger Home Before a Baby Arrives

Home Buyer Tips

Starter homes are incredibly popular for young couples who plan to have a family in the future but don't need a large place yet. Life moves pretty fast sometimes and many couples find themselves expecting children before they have begun to look for the next home. This shouldn't be a problem, as moving into a larger home before the baby arrives can be a lot easier than it appears. Always Move Before The Baby Is Born There is a choice when upgrading a home for children: moving beforehand and settling down in advance of having kids or waiting until after…

23 Aug 2022

By Tawnya King

Assessing Your ‘Debt-to-Income Ratio’ and Why This Number Matters When Getting a Mortgage

Mortagage Tips

If you are looking to buy a home, you may want to consider shopping for a loan first. Having your financing squared away ahead of time can make it easier to be taken seriously by buyers and help move along the closing process. For those who are looking to get a mortgage soon, keep in mind that the Debt-to-Income ratio of the borrower plays a huge role in the approval of your mortgage application. What is a Debt-to-Income Ratio? A debt-to-income ratio is the percentage of monthly debt payments compared to the amount of gross income that a person earns…

22 Aug 2022

By Tawnya King

What’s Ahead For Mortgage Rates This Week – August 22, 2022

Financial Reports

Last week’s economic reporting included readings on home builder confidence in housing market conditions, Commerce Department readings on building permits issued, and housing starts along with readings on retail sales. Weekly readings on mortgage rates and jobless claims were also published. NAHB: Home Builder Confidence Falls for 8th Consecutive Month in August The National Association of Home Builders reported an index reading of 49 for home builder confidence in August. Analysts expected a reading of 54 and July’s index reading was 55. Readings over 50 indicate that a majority of home builders surveyed viewed current housing market conditions as positive. Builders…

19 Aug 2022

By Tawnya King

The Top Home Maintenance Mistake’s You Must Avoid

Home Maintenance

If you own a home, you understand just how important it is to take care of it. Even though a lot of people think that if it isn't broken you should not fix it, that doesn't mean you should not take care of it. Take a look at a few of the top home maintenance mistakes you need to avoid, and do not let your home fall into a state of disrepair. Allowing The Dyer Lint To Build Up Do not allow the dryer lint to build up. Allowing the dryer lint to build up can dramatically increase your chances…

18 Aug 2022

By Tawnya King

Understanding the Principal Limit on a Reverse Mortgage and What Happens if You Reach It

Home Mortgage Tips

If you're considering applying for a reverse mortgage, you'll want to ensure you understand certain critical factors. One such factor is the principal limit. The principal limit will have a strong influence on your finances, which is why you'll need to ensure you know – before applying for your reverse mortgage – what your principal limit is. So how does a principal limit work, and how can you find out what yours is? Here's what you need to know. Principal Limit: The Maximum Amount You Can Borrow Simply put, the principal limit is the maximum amount of money that you…