Most people are aware they’ll need to have their own finances in check when applying for a mortgage, but did you know your potential new home will also come under scrutiny? Adam Dahill, Home Mortgage Consultant at Citizens Bank, tells us why your personal monetary practices aren’t the only consideration when financing a real estate purchase. […]
Finance
Property renovations: What does your budget buy?
Thinking of buying a “fixer-upper” and turning it into the home of your dreams? Or maybe you’re looking for a way to boost value before putting your property on the market? Either way, you’ll need to know how much those renovations will cost before deciding whether or not it makes sense to roll up your […]
To rent or to buy: that is the question
Interested in buying property but not sure if you’re better off sticking with your rental? The truth is every situation is different. There are a lot of factors at play and nothing beats simply running the numbers on your ideal home. First, visit some properties and get a realistic idea of what it would cost […]
Are you “lendable”? What banks need to know before approving you for a mortgage
Let’s face it; the thought of applying for a mortgage these days makes a lot of people want to curl up into a ball and hide. Mortgages involve a lot of paperwork, a lot of questions, and, often, a lot of anxiety for a would-be buyer. So, let’s pull back the curtain and make this […]
Calculate your mortgage payment in 4 seconds
There are lots of on-line tools that make calculating your monthly mortgage payment simple and easy these days, and one of my personal favorites is the mortgage calculator on the Corcoran website. You’ll find the calculator on Corcoran’s advice page for buyers. Scroll part way down the page and you’ll see the mortgage calculator icon. Click […]