How to Shop for a Seasonal Florida Home

Seasonal Home

Are you a seasonable Florida resident or wannabe? Once summer humidity retreats and leaves began turning brilliant colors, do you dream of bicycle rides on the beach? Shirtsleeve weather in January? Do you vacation for extended periods in the Sunshine State, or frequently, and dread leaving? Sounds like seasonal residency might be for you. Whether Read More »

Mortgage “Gift Fund” Etiquette

Mortgage Gift Funds

Etiquette experts agree that giving someone a gift of cash for a birthday, graduation, or wedding celebration is commonplace. But, did you know that it’s also common to receive a gift of cash for a down payment on a home? In fact, in 2017, the National Association of Realtors Profile of Homebuyers and Sellers estimates Read More »

Why is My Credit Score Lower From My Lender?

Credit scores

If you have recently been on a personal finance site to check your credit score and then applied for a mortgage you may have been surprised at the difference in your credit score. That’s because more often than not, the score you received from the personal finance site is going to be higher than the Read More »

Are Piggybacks Making a Comeback?

Piggyback Mortgage

Piggyback mortgages that is, not the ride children love. Piggyback mortgages, a.k.a. second mortgages, are a loan that rides on top of your primary mortgage. In combination with your down payment, these mortgages allow you to avoid paying private mortgage insurance (PMI). They were extremely popular in the early 2000s and then went almost extinct Read More »

Waiting to Buy a New Home Could Cost You

Home prices Thinking about buying a new home in the next few years? Moving up your timetable could save you money. As of February 2018, Zillow states home values have risen 7.6% in the last 12 months. It also predicts homes values will continue to rise another 3.5% in the next year. Each area of Read More »

Turn Your Dream of a Vacation Home Into a Reality

vacation home

Ever been on a relaxing vacation watching a glorious sunset and wished you could own your own vacation home? If so, you are not alone. According to the National Association of Realtors Vacation and Investment Home Sales: A breakdown for 2017, thousands of buyers felt the same way and turned their dreams into a reality. Read More »