Speed Up Your Loan Application Process by Bringing These 5 Items with You! - 10/31/08 01:33 PM
Buying a home for the first time or the fifth time can sometimes be a scary and stressful period for many homebuyers, especially when it comes to applying for a loan.  It's a large commitment and the loan process can take anywhere from one to four weeks for approval, depending on the financial institution and their requirements.  But, if you are well-armed when you go in to see your lender, you can speed up the process by bringing these items with you!
1.  Two of your most recent paystubs, 2 years of your W2's or 2 years tax returns if you are self-employed or earn your … (0 comments)

10 Things You Need to Know About the new First-Time Homebuyer Tax Credit - 10/22/08 09:26 PM
I didn't know much about the new First-Time Homebuyer Tax Credit and received a question about it from a customer recently.  I'm definitely not an expert when it comes to taxes (I have someone prepare mine), and I referred him to his tax advisor.  But, because of that, I felt that I needed to find out what it is about and so that I won't be in the dark.  What I found out was pretty surprising to me and thought I would share it with you:
This credit is based on 10% of the purchase price of the home up to $75,000.00.   If the … (0 comments)

How Does the Home Buying Process Go? - 10/02/08 01:30 PM
Are you a first time home buyer or maybe a buyer that purchased a home 10 - 15 years ago?  Do you know what the process is now for purchasing a home?  With all of the changes that have taken place over the last year, here is a guideline to help you understand what is involved and what will happen. 
Most people start off by looking for homes that are available in their area on the internet.  There are many different websites that have information available, but a real estate agent is going to have the most updated information from his or … (0 comments)