Sometimes the most important job I have is to talk someone out of buying a home. It sounds counterintuitive, but I can tell you after many years of working in this profession that some of the best mortgage advice I could ever give is to hold off on it. Buying a home is a deeply.. read more →

Divorce is rarely a sudden action. Removing oneself from what was once a life-long commitment often takes time and consideration. It also requires planning and strategy which generally takes place with an attorney who specializes in divorce and family law. Next, it’s important to contact a mortgage professional. There are many questions to ask along.. read more →

With the Powerball jackpot now over a billion dollars, many people purchasing tickets have fantasized about how incredible life would be if they somehow managed to beat the 292-million-to-1 odds and won the biggest lottery payout ever. It would truly be amazing and it would certainly present opportunities that the average person could never imagine… read more →

Real estate trends occur for many reasons. The economy is often a factor, but other influences determine changes in demographics. The steady increase of women choosing career over family, combined with fewer couples marrying — or staying married — has led to a rising trend of single women buying homes. The National Association of Realtors.. read more →

One of the pitfalls of buying a new home is paying too little for your downpayment. Making the right decision involves an analysis of the costs related to your debt and your income. When banks offer low downpayment programs in the 3% to 5% range, it doesn’t necessarily mean you should jump at the chance… read more →

While on our summer vacation, my husband, daughters and I stopped for some ice cream to cool off after enjoying a wonderful day in the hot sun. “Would you like chocolate or rainbow sprinkles?” My daughter pondered the question for a moment, then asked, “Why can’t I have both — half chocolate and half rainbow?”.. read more →

I have a friend who hates bills. Hates ’em! She can’t pay them fast enough so she doesn’t have to look at them. Hating bills isn’t necessarily a bad thing. In my friend’s case, her quick payments have yielded a stellar credit rating. Imagine her surprise when I suggested that she opt for a 30-year.. read more →

There are several circumstances that require co-signing for a mortgage. The most common scenario involves a married couple. The two incomes combine to sufficiently cover the cost of the monthly mortgage payment. Other cases include parents co-signing for their child’s first home; adult children co-signing for their aging parents whose income has diminished at retirement;.. read more →

One of the more memorable acceptance speeches delivered at this year’s Academy Awards was from Best Supporting Actress, Patricia Arquette. Her remarks about gender equality and the pay gap between men and women struck a chord that lasted beyond the show, and she recently spoke at an event sponsored by the United Nations on the.. read more →

Shopping for a new home is like starting a new relationship. At first, you’re attracted to the neighborhood, then you become infatuated by the beautiful bathroom and the extra closet space. You love that it’s near the local market and the dry cleaner. At first glance it’s so perfect, you forget to factor in any.. read more →