Buying a House Is Not Like Buying a Car

On more than one occasion, i’ve had a buyer tell me they’re wanting to buy about a $250k home (which they’re fully approved for and capable of doing), but don’t want to pay more than $1300-1400 a month for it. Don’t get me wrong,...

‘No’ doesn’t always mean no with mortgages.

The mortgage and housing crisis of 2008-09 led to far tighter financial regulations for banks and lenders. It’s only natural to believe a mortgage lender when they say something about your mortgage application led to it being rejected. I mean, why would someone...

PreQualification vs. PreApproval

No, they are not the same thing. But if you thought they were, you’re not alone. Too many people have no idea of what the distinctions are between the two, and it can make a major difference when making an offer on a home. So if you’re looking to buy a...

The Unknown Costs of Home Buying

Congratulations! You’ve decided to stop paying rent and enter the world of homeownership. For many, this is the single greatest financial investment of your life (except for marriage, but I digress). I’m sure you have friends and family who have told you...