Should You Pay Your Mortgage Off Early?

Should You Pay Your Mortgage Off Early?

Often when I meet with sellers who are considering a future move, one of the issues that comes up is their current mortgage balance aka what they own on their home. A seller’s focus is always what they will walk away with when their home is sold – their net...
Why Being A Great Human Being Could Land You In Hot Water – (When You Need A Mortgage)

Why Being A Great Human Being Could Land You In Hot Water – (When You Need A Mortgage)

What in the world am I talking about? In short: cosigning a loan for a friend or family member. Let’s take the case of Tom and Sue. They have a mortgage on their home and weren’t planning on moving for years (if ever). So, when one of their kids was ready to buy a...

Saying Goodbye to PMI!

. . . and why PMI in the first place? PMI or Private Mortgage Insurance, is the lender’s protection in case you default on your mortgage and your home goes into foreclosure. Homebuyers unable to come up with a 20% down payment typically are considered to be at a...

7 Ways The New Tax Law Affect Homeowners!

SEVEN WAYS THE NEW TAX LAWS AFFECT HOMEOWNERS With new tax changes having come into effect in the past year, it’s a great time to revisit how some of those changes might affect homeowners. While everyone’s situation differs, there are six elements of the tax law that...

BEFORE YOU BUY…VISUALIZE!

I recently wrote about upgrades that are WORTH THE SPLURGE? , which got me to thinking about remodeling, refreshing, and rearranging your home. In the good old days, homeowners had few options when it came to “test driving” potential purchases and/or changes to their...
Marti Reeder, Realtor, Managing Broker