Should I Sell My Current Property Before Buying a New One?

Should I Sell My Current Property Before Buying a New One?

Whether you sell your current home before you go under contract with another home should depend on your financial situation, how long you expect it to take to move your household, how hot the market is in your location and the availability of homes currently on the...
How Does Earnest Money Work?

How Does Earnest Money Work?

You’re ready to buy a home and you’re ready to make an offer. It’s time to enter into a contract. Before the seller withdraws the house from the market, they need to know that you’re serious about the purchase contract. An earnest money payment...
How to Get Funding for an Airbnb

How to Get Funding for an Airbnb

Major banks don’t have any loan products geared directly towards Airbnb rentals. However, there are loans for those who want to get into rental housing as well as a few other options for those who want to purchase a property to list on Airbnb. Funding for Airbnb...
How Much Equity Do I Need to Refinance?

How Much Equity Do I Need to Refinance?

Many homeowners take advantage of the refinance option to reduce monthly mortgage payments, lower interest rates or to get a shorter term on the mortgage. Another benefit of refinancing that many homeowners take advantage of is using the equity in their home to pay...
What Is the 28 36 Rule?

What Is the 28 36 Rule?

When you start looking for your dream home the first thing you should consider is affordability. Buying a home is one of the biggest financial decisions you’ll ever make. You must know how much home you can comfortably afford and it’s best to know this...