home buying: Looking to Buy a Home & Don’t Know Where to Start? Here’s a Few Tips - 01/18/18 12:59 PM
Are you a renter that has become tired of paying someone else’s mortgage and not building any equity? Or a homeowner who has a growing family and is in need of more space? Whatever the case, if you are in the market for a new home there is no time like the present. Let’s explore a few tips that will help you to prepare for the home buying experience.
Tip #1: Prepare For A Busy Spring Season
First, it should be pretty obvious that you aren’t the only house hunter on the market. Other local individuals and families alike will be searching for … (1 comments)

home buying: Buying a New Home in a Hot Real Estate Market? 4 Tips to Be Successful - 01/11/18 11:23 AM
Are you in the market for a new house? In a buyer’s market, finding and closing on a beautiful home can seem very easy. However, if you are shopping when the market is hot, you may end up fighting bidding wars and losing your dream home to a competing buyer. Let’s take a look at four tips that you will need to be successful when house hunting in a hot local real estate market.
Tip #1: Do Your Research Ahead Of Time
It should go without saying that in a hot market you will need to move quickly. Making an effort to do … (2 comments)

home buying: What’s Ahead For Mortgage Rates This Week – January 8, 2018 - 01/08/18 09:18 AM
Last week’s economic reports included readings on construction spending, minutes of the most recent meeting of the Fed’s Federal Open Market Committee. Labor reports including ADP, Non-Farm Payrolls, and national unemployment were released along with weekly readings on mortgage rates and new jobless claims.
Construction Spending Rises; Driven by Residential Building
Residential construction drove November construction spending surpassed expectations of a 0.50 percent increase; Overall, construction spending rose by 0.80 percent in November. Residential construction was up 7.90 percent year-over-year. Single-family home construction rose 8.90 percent year-over-year. Rising rates of single-family construction is good news for homebuyers, who have faced obstacles due to … (1 comments)

home buying: How Being Late on Monthly Payments Can Affect Your Mortgage - 01/05/18 06:43 AM
Are you the type of person that struggles with remembering to pay their bills on time? You’re not alone. People across the country regularly submit late monthly payments, inflicting terrible damage to their credit. Let’s take a quick look at how paying your loan or other monthly payments late can have a negative impact on your mortgage.
Your Credit Score Is At Risk
As you already know, almost all banks, credit cards, mortgage companies and other lenders rely on your credit score to help assess the risk of lending money to you. Paying any of your payments late – even something as small … (0 comments)

home buying: Here's How to Buy a Piece of Land and Build a House on It With a Mortgage - 01/04/18 12:11 PM
Have you been hunting for a new house without finding one that suits your needs? If so, one option that you may want to consider is building a new construction home on a choice piece of land. In today’s blog post we will explore a few different mortgage options for those who are looking to build a brand-new home.
Qualifying For A Construction Mortgage
As with any mortgage product, the first step you will want to take is to begin the qualification process. As your lender does not have a completed house to use as collateral for your loan, qualifying can take a … (1 comments)

home buying: Buying a Rental Property? 4 Key Tips to Buy One That Turns a Profit - 01/03/18 11:16 AM
Are you starting to grow bored of watching your money go nowhere sitting in a bank account? With today’s interest rates doing little to encourage saving, many individuals are looking elsewhere for new investment opportunities. In today’s blog post we’ll share four essential tips for buying a profitable rental property. Let’s get started.
Buy A Property With Year-Round Potential
Many real estate investors agree that the best rental properties are those that generate income every day of the year. The most straightforward situation to manage is one where you have stable, long-term tenants in place that aren’t going to move or change often. … (2 comments)

home buying: Why New Construction Homes Are A Top Choice For Today’s Home Buyer - 12/07/17 01:01 PM
Are you in the market for a new house? If so, you may have been comparing your options when it comes to open listings on the local market. One decision you will need to consider: do you want to purchase an existing home or build a new one? Let’s explore a few reasons why new construction homes are a popular choice for today’s home buyer.
A Home Designed (By You) With The Future In Mind
Ask anyone who has recently invested in a brand-new home, and many will share that all of the built-in technology was an essential factor. Today’s homes are designed … (0 comments)

home buying: Get Your Down Payment Ready Now by Tapping These Helpful Sources - 12/05/17 01:40 PM
Are you in the market for a new house or condo in 2018? With the new year just around the corner, now is the time to get all of your financial details in order. As you may know, buying a home is a significant financial transaction. But it all starts with your down payment, which is the lump sum that you invest in order to purchase the home. In today’s blog post we will share a few sources of funds that you can tap into for help saving up your down payment.
Peer Into Your Financial Future
A helpful first step is to … (2 comments)

home buying: Win Bidding War With Guide to Making an Offer the Seller Won’t Refuse - 12/01/17 10:02 AM
Ask any experienced homeowner and you’ll learn that buying in a ‘hot’ real estate market can be challenging. A high supply of buyers competing for a low stock of available homes is a combination that can lead to bidding wars, price inflation, and other headaches. The good news: with some careful preparation and the right mindset, a bidding war is one that you can win. Read on to learn how you can beat out other bidders by making an irresistible offer.
Start With Strong Representation
Answer this question honestly: are you an experienced negotiator? Unless you have made a career out of buying … (0 comments)

home buying: Make 2018 the Year You Escape the 'Rental Trap' by Buying Your Home - 11/30/17 10:47 AM
Are you growing tired of paying rent each month and not building your net worth? Being stuck in the ‘rental trap’ isn’t much fun, but if you are determined, you can break out. Let’s explore some of the steps that you can take to make 2018 the year that you become a homeowner.
Rent Money Is Lost Money
First – why homeownership? As you may already understand, money spent on rent is ‘lost’ money. Each month you pay your rent, but you do not build any equity, own any property or get any other benefits in return. When you own a house, the … (0 comments)

home buying: Are You Ready for Home Ownership? Find Out With These 4 Questions - 11/24/17 08:13 AM
Have you been dreaming about a larger, roomier or more luxurious living space? Or perhaps just want to experience the joy of owning your own home and building your net worth instead of renting? Let’s explore a few questions that can help to answer whether or not you’re ready for a new lifestyle as a homeowner.
Can You Realistically Afford To Buy A Home?
The first consideration to make is a financial one: can you afford it? Buying in a home is a significant financial investment. In most cases you’ll need to manage monthly mortgage payments for many years. The good news: owning … (0 comments)

home buying: Mortgage ‘Advice’ You Should Take With the Proverbial Grain of Salt - 11/22/17 10:34 AM
Are you in the market for a new home? If you have been talking to friends and family or researching online, you have likely come across quite a bit of mortgage-related advice. As with anything, there is low-quality advice out there which is essential to avoid. In today’s blog post we will share four pieces of mortgage-related advice that you should take with the proverbial ‘grain of salt.’
#1: Only Get A Mortgage From Your Bank
Have you heard that you should only get a mortgage from the major bank that you use regularly? Many people believe that working with a large bank … (1 comments)

home buying: Buying a New Home? Make Your Move Easier With These Three Purging Tips - 11/15/17 12:01 PM
Are you thinking about buying a new house or apartment? While the prospect of a new home is undoubtedly exciting, you may be dreading the thought at having to pack everything up and move. In today’s blog post we will explore three tips for purging old, unwanted or forgotten items before making a move into a new home.
Sort Everything That You Don’t Need
The first step you will want to take is to sort everything in your home. Many families go through the house, room-by-room, separating their must-have items from everything else. At first, this process is quick as there are many … (1 comments)

home buying: First Time Home Buyer? Learn Why a Condo Might Be a Great First Home - 11/10/17 12:41 PM
Are you starting to tire of paying your monthly rent to someone and never building any equity? Renting forever can be a significant pain, especially as you’re contributing to someone else’s financial well-being. The good news is that there are affordable real estate options out there for those investing in their first home. Below we will share a few excellent reasons why an apartment or condo might be the best choice for a first-time home buyer.
A Manageable Monthly Payment
In most markets across the country, condos and apartments are available at a significantly lower cost than a full-sized house. Buying a less-expensive … (0 comments)

home buying: Considering a New Home? Start Now & Improve Your Credit Score - 11/08/17 11:19 AM
In the market for a new home in 2018? With the new year just a few short weeks away, that leaves you with precious little time to get your finances in order. Let’s explore a few tips that will help you get a jump on improving your credit score before the end of the year.
Grab A Fresh Copy
The first step is to order a fresh copy of your credit report from one of the major agencies. The Fair Credit Reporting Act allows you to access a free copy of your credit report once every 12 months. So, if you have not … (0 comments)

home buying: How Interest-Only Mortgages Work & Why They’re A Good Option for Some - 11/02/17 01:06 PM
Whether you’re a first-time homebuyer or an experienced real estate investor, if you are planning to borrow funds to buy a home you will want to choose the right mortgage product. In today’s blog post we’ll explore how interest-only mortgages work and why they’re the perfect choice for some homebuyers.
How Interest-Only Mortgages Differ From Conventional Ones
As the name suggests, interest-only mortgages are loans where you are only required to pay off the interest portion of the loan each month for some specific term. The length of these loans can be up to ten years, although five or seven is the most … (0 comments)

home buying: 3 Ways to Win a Bidding War Without Busting Your Approval Amount - 10/26/17 07:14 AM
Are you making an offer on a new home in a hot housing market? If so, one possibility is that you are going to end up bidding against other buyers who are looking to buy the same home. Unfortunately, in some cases bidding wars are inevitable, and they can be a significant source of stress. Let’s take a look at three ways that you can win a bidding war without having to spend more than you can afford.
Price Is Important, But It’s Not Everything
The first consideration to keep in mind is that price is important, but it isn’t the sole consideration … (0 comments)

home buying: Buying a New Home? Four Key Questions to Ask Your Mortgage Advisor - 10/19/17 06:55 PM
Are you in the market for a new home? If you are planning on borrowing some or most of the home’s purchase price, you’ll want to prepare yourself for the mortgage process. Let’s take a look at four key questions that you will want to ask your mortgage professional when you first meet to discuss your home loan.
What’s The Best Mortgage Option For Me?
As you probably know, there is a wide variety of mortgage loan options and programs on the market today. You may qualify for a number of mortgage loans along with certain government programs or specialty mortgages. Your mortgage … (0 comments)

home buying: Three Reasons Why Your First Home Should Be a Spacious One - 10/13/17 12:00 PM
Buying a home for the first time? One of the key considerations you’ll need to make is just how much ‘house’ you want to buy. While going minimal might seem like a good idea to save on costs, having a smaller living space can end up cramping your lifestyle in many ways. Let’s take a look at three great reasons why your first home should be roomy, spacious and luxurious.
You Might End Up With More Family Than You Think
Have you considered whether or not you want to have a family? Whether you’re a single young professional or part of a newlywed … (2 comments)

home buying: Four Mistakes to Avoid When Making an Offer for Your Dream Home - 10/05/17 05:30 AM
You’ve scoured the new home listings, been to all the open houses and have finally found the home of your dreams. It is now time to draft an offer and begin the negotiation process. Below we’ll share four mistakes that you will want to avoid when making an offer on your dream home.
Mistake #1 – Not Working With A Professional
The first mistake that home buyers make is trying to buy a home without using the services of a real estate professional. Buying a home is a significant financial transaction and one where the seller and their agent are working hard to … (1 comments)

Joe Gonzalez, NMLS# 126036 (610) 739-6563 (CrossCountry Mortgage, LLC NMLS #3029) Rainmaker large

Joe Gonzalez

NMLS# 126036 (610) 739-6563

King of Prussia, PA

More about me…

CrossCountry Mortgage, LLC NMLS #3029

Address: 625 W. Ridge Pike, Building C, Suite 100, Conshohocken, PA, 19428

Office: 610.355.8039

Mobile: 610.739.6563

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