Tips for Real Estate Buyers

Whether you are a bachelor who would like to have his own place, a newly wed couple who are looking for a house to raise a family, or a retiree who is looking for that place of solace where you can sit back and see the day goes by, scouting for a real estate could…

Your Down Payment Affects Everything

Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at “homes for sale” ads in newspapers, magazines and listings on the internet. Some potential buyers read “how-to” articles like this one. The next thing you should do – before you call on an…

How Much House Can You Afford?

Debt-to-Income Ratios To determine your maximum mortgage amount, lenders use guidelines called debt-to-income ratios. This is simply the percentage of your monthly gross income (before taxes) that is used to pay your monthly debts. Because there are two calculations, there is a “front” ratio and a “back” ratio and they are generally written in the…