What are some things that someone can do to avoid getting debt? My first thought would be to take action, or should I say inaction. If you truly want to avoid debt, never fill out a credit application. If this is the choice you make, it may be difficult […]
Should you make a deal on repairs after a home inspection? It depends. In a sellers market, it may be tough. In a neutral or buyers market it may be easier. Keep your repair/remodel ideas close to the vest. Save money by doing your own repairs if they are simple. […]
What else determines the amount that lenders will lend to home buyers? Everything on this form is reviewed by underwriting. This data, and supporting documentation, will impact the amount a lender will offer to home buyers. Accuracy is key. For instance, we will review the first section of the first […]
In order to be certain, cancel with a verbal and written action. Simply call your contact person. My guess, this would be the processor or loan officer. Tell them you would like to cancel. Follow this up with an email, asking for a reply confirming the loan has been canceled. […]
Have you really looked at your car insurance policy? In many ways, it is similar to your homeowners insurance policy. There is a major difference, cars depreciate in value, while home generally appreciate in value. If it’s been a while, your homes value has likely gone up. Do you have […]
Here are some Real Estate Trends. Do you know about blockchain? Baby boomers are starting to sell, becoming renters. Millennials are beginning to buy. Builders are building more rental dwellings, keeping rent prices stable. Check out the full article below. Published Date 7/16/2018 No matter what year we’re in, market […]
Your family is growing. You want to move to a bigger home for the kids. Where will you go? What amenities are a must? Before you explore, take a look at this article. Published Date 7/10/2018 In these days of low housing inventory, it can be difficult to fulfill every […]
If you have an adjustable rate mortgage (ARM), you may have noticed rates are increasing. The article below explains why. If you want out of your ARM, switching to a fixed rate, contact us today, 714-402-3418 or Ken@KenLends.com The average adjustable rate mortgage (ARM) rate on a 5/1 ARM was […]