Before you make the decision to purchase a home, you should determine how much you can afford to pay for one. In order to buy a home, most individuals have to obtain a mortgage, which is a loan for purchasing real estate. A mortgage requires you to pay back the amount of the loan and […]
I have a friend who bought their home in 2006 from a relative. So they paid top price. They have tried 10 times to refinance and their interest rate is almost 7 percent. They have always made their payments and their jobs wages have increased but were always told by their lender and other lenders […]
The banks are now asking for the buyer to pay the excise tax which is normally the seller’s responsibility! They are also demanding that the buyer pay both the seller’s as well as the buyer’s title and escrow fees which can dramatically increase the downpayment needed to close a transaction. In some cases this is […]
When I first drove thru Gig Harbor in the early 2000’s to visit a friend who had recently moved here, I fell in love with this quaint, beautiful town. It became my dream to live here. I bought my first properties in 2004. I came up on vacation with my mom in May 2005 to […]