I always want what is in my clients best interest. Negotiating and proper strategy for my clients needs and the current market can dictate what this means.… Read more “Negotiating”

Negotiating Closing Costs In addition to the sales price, buyers and sellers frequently include closing costs in their negotiations. This can be for both major and minor… Read more “Closing Costs – Negotiations”

Seller closing costs If the seller has not yet paid for the house in full, the seller’s most important closing cost is satisfying the remaining balance of… Read more “Lets Talk Closing Costs – Sellers”

Buyer closing costs When a buyer applies for a loan, lenders are required to provide them with a good-faith estimate of their closing costs. The fees vary… Read more “Lets Talk Closing Costs – Buyers”

When should you refinance? Some common reasons homeowners refinance include: Lower monthly mortgage payments Convert an adjustable rate mortgage (ARM) to a fixed-rate mortgage Raise funds for… Read more “Refinance?”

Conventional loans A conventional loan is simply a loan offered by a traditional private lender. They may be fixed-rate, adjustable, hybrid or other types. While conventional loans… Read more “Conventional”

Balloon payments A balloon payment refers to a loan that has a large, final payment due at the end of the loan. For example, there are currently… Read more “Balloon Payment”

Hybrid loans Hybrid loans combine features of both fixed-rate and adjustable-rate mortgages. Typically, a hybrid loan may start with a fixed-rate for a certain length of time,… Read more “Hybrid Loan”

Adjustable-rate mortgages (ARM) Adjustable-rate mortgages differ from fixed-rate mortgages in that the interest rate and monthly payment can change over the life of the loan. This is… Read more “Adjustable Rate Mortgage”

Fixed-rate mortgages As the name implies, a fixed-rate mortgage carries the same interest rate for the life of the loan. Traditionally, fixed-rate mortgages have been the most… Read more “Fixed Rate Mortgage”