When it comes to mortgage downpayments, there seems to be some confusion about how much you really need to put down on a new property. Let’s take a look at three common misconceptions. 1. The 20% Rule. If you were to ask the average person on the street about downpayments, the majority of them would.. read more →

The difference between an assessment and an appraisal is significant. The two words are not interchangeable, contrary to popular thought. A look at each of these terms will show two very different looks at your home’s value. An appraisal determines the market value of a specific home at a specific time. The appraiser determines this.. read more →

It’s tax time already. Although we get a few extra days with this year’s tax deadline falling on April 18th, we’re only a month away. Today we’re discussing the tax advantages and incentives that come with owning a mortgaged home. If you have recently purchased or are planing to buy a new home, you may.. read more →