Stephen Katz Mortgage Blog

Mortgage and Lending - Katz Mortgage Team, a branch of VanDyk Mortgage Corporation
Today I’ll tell you the four biggest tips to get started with your home search.1. Determine your budget: Before you even start looking, you need to know how much you can comfortably afford. Don't waste your time looking at homes that you can't buy - that's a terrible way to disappoint yourself in...
Today, I'll talk about what you need to know regarding rising interest rates.   While a one percent raise might not seem like much, it can significantly affect both buyers and sellers. For example, let's say you're looking to buy a $200,000 home while rates are at 5%. If rates go up to 6%, you co...
Working with builders can be a real challenge. There are some things you should know about this process to make it go as smooth as possible. Today, we’ll offer advice when working with contractors.Research the builder. Find out what kind of buildings they work on. Familiarize yourself with their ...
Today I'd like to go over some things that you should consider if you're about to list your home for sale, especially if you're trying to find the most accurate price possible.                                                           You have to think of your home as a product when you sell it, ...
Today, we're going to talk about property taxes. The good news is property values are up. The challenge is that when property values go up, so do your property taxes.  If you have a homesteaded property, you definitely have good news. Thanks to Save the Home protection, many people saw almost no ...
For those of you who wanted to know, “What does the process look like for a first-time home buyer?” I have your answers for you!If you are looking to buy a home, you are at the point where you feel financially stable and want to invest in your future instead of throwing away your money by renting...
It's unfortunate, but many people think that they can't afford to purchase a home because they don't have a large down payment saved up. Today, I discuss some down payment assistance programs that are available to homebuyers.  Down payment assistance programs provide buyers money to use as a down...
Today, we will discuss the importance of the pre-approval process. You should get pre-approved before you begin your home search.  By speaking to a lender before you begin your search, you will find out what price range you should look in. This ensures that you know what you can afford. If you do...
If you can buy a house, you should. You get many tax benefits, including your interest and mortgage insurance being tax deductible. In a rental situation, you will spend equal to or more than your mortgage payments, and you don’t get any of those tax benefits and aren’t able to do home improvemen...
People often ask, "What type of renovations should I invest in before listing my property?" Fortunately, I have advice about the most valuable renovations to invest in.First, add a fresh coat of paint. Painting is the cheapest way to add value to your home. A crisp, clean property appeals to the ...

Stephen Katz

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