How Can I Prepare To Buy a New Home in the New Year?

Jan 21, 2022 | Mortgage

With the New Year comes new goals, resolutions and aspirations. For many of us that includes the chance to purchase a new home after a strange and stressful market this year. 2022 brings a hopeful forecast of lower housing costs with a golden period of low rates and...

Renting vs Buying: 2021 Wrap Up

Dec 21, 2021 | Mortgage

With rental properties getting scarcer and scarcer, you might be considering taking the plunge and purchasing a home. There are a number of good reasons to opt for home ownership, not the least of which is you don’t have to get permission to do things like...

Does My Prequalification Carry Over to Next Year?

Dec 16, 2021 | Mortgage

Getting prequalified for a home loan before you start your home search has a number of advantages. Prequalification is an offer (but not a commitment) from a lender to lend you up to a specified amount of money for a home loan. There are a number of advantages to...

Why Should I Have the Potempa Team Do My Mortgage?

Dec 14, 2021 | Frequently Asked Questions

When it comes time to explore getting a mortgage, it’s important to understand what’s involved in a home loan. For most of us, a mortgage is the largest financial obligation we’ll take on which makes getting it right the top priority. To make the...

Why Should I Buy a Rental Property in Michigan?

Dec 9, 2021 | Mortgage

Real estate is one of the best ways to build wealth. Buy and hold real estate usually entails purchasing a distressed property for a low price, fixing it up, and renting it out. The general rule with rental properties is to buy and repair them up for about 70% of what...