MY BLOG
Can a 65 year old get a 30 year mortgage?
Can a 65 year old get a 30 year mortgage? Yes, a 65-year-old can typically qualify for a 30-year mortgage as long as they meet the lender's criteria, which usually include factors like credit score, income, debt-to-income ratio, and overall financial stability. Age is...
1- What happens to your mortgage when you die?
1- What happens to your mortgage when you die? When a person with a mortgage dies, the mortgage does not automatically disappear. Instead, it becomes a debt that must be paid off. If the person who died had a co-borrower or co-signer on the mortgage, that person would...
Fix and flip houses is a popular investment
Fix and flip houses is a popular investment strategy in the real estate industry. Here are some benefits to consider: Potential for Profit: The primary benefit of fix and flip houses is the potential for profit. By purchasing a property below market value, making...
10 Tips for First-Time Home Buyers
10 Tips for First-Time Home Buyers. Like many businesses, the real estate market took quite a hit at the beginning of the COVID-19 pandemic. However, the market is finally rising once again. In fact, many first-time buyers are looking to purchase new homes. ...
Buying a house: A down payment of less than 20% will add PMI
Buying a house: A down payment of less than 20% will add PMI. Down payments & PMI: Typically, buyers put down 5 to 20% of the purchase price but this can be as little as 3%. Buyers putting down less than 20% are required to pay Private Mortgage Insurance (PMI)...
Why Massachusetts is considered a great place to live
Why Massachusetts is considered a great place to live. Is Massachusetts is a great place to live for many reasons, including: Education: Massachusetts is home to some of the best schools in the country, including world-renowned universities such as Harvard and MIT. It...
When to Get Homeowners Insurance When Buying a House
When to Get Homeowners Insurance When Buying a House. Buying a new house is exciting, whether you’re a first-time buyer or an experienced homeowner. Going through open houses or viewing homes for sale with a real estate agent offers the chance to see what...