We get this question a lot from our first time buyers — are banks and mortgage brokers the same? The quick answer is no and here’s the definition and difference between the two. A bank offers you a home loan. They usually have a set rate and strict rules for approving...
Are you planning to buy a home? Set yourself up for success by preparing and maintaining excellent financial health. Here are the three biggest money mistakes to avoid while you’re in the process of purchasing a home. Making Big Purchases If you just bought a...
Ah, real estate… you and your confusing terminologies again. But don’t fret – we’re always here to help and in a few, we are dropping some new real estate knowledge for you. It is essential to understand the difference between market value, appraised value, and...
We think it’s safe to say that 2020 is an unforgettable year for all of us. It marked the advent of COVID-19 pandemic which caused a significant decline in economies around the world. The National Bureau of Economic Research (NBER) stated that, “at the end of 2021, we...
Do you want to buy a home but you don’t have enough money saved for the down payment yet? Good news for you – here are 3 of the most common buyer-assist programs you can look into that make it easier to purchase a home in California. Loan Programs to Assist...
Most people obtain a home through financing. You’re probably already familiar with some common types of home loans such as conventional financing through banks and veteran’s loans for active and retired military members. Some potential homebuyers who are not able to...
