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Mortgage and Lending - D A Griffin Financial.LLC - NMLS 6380
DO I NEED TO GET AN APPRAISAL? Quite often I am asked by home buyers and sellers "do I need to get an appraisal?". My question is why do you think  you need one? If you are utilizing the services of a professional real estate agent they are going to provide a seller the market information to set ...
IS OWNER'S TITLE INSURANCE NECESSARY?  When I quote closing fees to a home buyer I always quote the owner's policy. The lenders I work with all require the lender's policy but the owner policy is optional. Title insurance and whether the owner policy is necessary is something I always cover with ...
BEST TIME TO BUY OR SELL A HOME After the year we experienced in 2017 what will 2018 look like? In the Northern Kentucky market 2017 saw a real shortage of inventory and prices much higher than we have experienced in some time. As a matter of fact some areas like Fort Thomas saw homes selling wit...
CO-SIGNING A HOME PURCHASESometimes a home buyer wants to purchase a home before they have all the ingredients that would allow that purchase on their own.  Generally speaking one needs to have stable income, be credit worthy, have a debt to income ratio that fits the guidelines and funds for dow...
PMI INSURANCE IS NOT A BAD THING   PMI Insurance (private mortgage insurance) is not a bad thing, always.  Many home buyers don't really understand PMI insurance, the reason, the purpose. Often these home buyers just know they've heard it is a bad thing. What is PMI Insurance? PMI Insurance is ac...
ARE PROCEEDS FROM REAL ESTATE SALE TAXABLE?  A fairly common question among sellers of real estate is whether they will owe taxes on proceeds of the sale of their home. Currently if a home owner has lived in the real estate as a primary residence for two of the last five years the gain is not tax...
When You Buy A Home With Bad Neighbors   You found the home you LOVE and are so excited about the newness of it all, then you move in and discover you have "bad neighbors". It happens, hopefully not a lot, but it can.Having less than perfect neighbors can be frustrating IF it interferes regularly...
SMALL BUSINESS SATURDAY NOV 25, 2017   SMALL BUSINESS SATURDAY FALLS ON NOVEMBER 25, 2017 THIS YEAR.  This is the day consumers elect to buy from local small businesses as opposed to the big box stores or malls. I love buying local and do so every time I have an opportunity. I prefer my local sma...
Buying A Home With Little or No Down Payment You don't have to break the bank these days to buy a home. There are many low or even no down payment programs available. Here is how I approach the subject with potential home buyers. What are your goals? Have you saved money specifically for a down p...
DO RELATIONSHIPS MATTER IN REAL ESTATE?I find myself today pondering whether relationships matter, particularly in real estate transactions. We professionals view real estate and home financing by nature as a relationship business because we get pretty personal during those transactions. I know p...

Dora Griffin

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