My Blog
Should I Buy A Home – Or Should I Rent?
Buying a home is a big decision that depends on many factors, such as your income, savings, lifestyle, and location. There is no definitive answer to when you should buy a home, but here are some things to consider: Buying a home can be a long-term investment that...
Should I Pay More To Get a Lower Mortgage Rate?
Buying down your mortgage rate means paying an extra fee at closing to get a lower interest rate and monthly payment on your loan. This can be a good option for some homebuyers, but it also has some drawbacks. Here are some of the pros and cons of buying down your...
Will A Credit “Pull” Hurt My Credit Score?
Not really - payment history and how much you owe have a much larger impact on your credit score. Credit scores are numerical values that reflect your creditworthiness, or how likely you are to repay your debts on time. Different companies may use different methods to...
Should I Freeze My Credit Accounts?
Freezing your credit history accounts and credit monitoring are both tools to protect your credit history, but they work differently: Credit Freeze: Security: Freezing your credit offers a higher level of security. It prevents new creditors from accessing your credit...
How To Shop Around For A Mortgage, Part Two
Gresham first-time home buyers may feel daunted with all that the information that comes along with buying a home. However, they shouldn’t feel overwhelmed. By carefully educating themselves, they can ensure that they get the best experience when shopping for a...
How To Shop Around For A Mortgage, Part One
Most home buyers, even beginners, know that you don’t settle on the first home you find. You’re meant to shop around. Something else you may not know, however, is that it’s wise to shop around for a mortgage, too. Finding the right mortgage loan is incredibly...
How To Prep Your Credit To Buy A Home
Gresham Locals Looking To Buy Homes Need To Build Credit One of the most important things to have in order as you prepare to buy a home is your credit score. Gresham home buyers should know that their credit score plays a huge role in being able to secure a...
Reverse Mortgages Gaining Acceptance In Gresham
Once Controversial Reverse Mortgages Gaining Acceptance in Gresham Though some people remain skeptical of reverse mortgages, many are beginning to see them as a useful tool for those who lack enough savings to augment their retirement income. The bad reputation that...
Home Appraisals and Inspections
If you’ve begun looking for your first home, you’ve likely heard of a getting a home appraisal and home inspection. What exactly are home appraisals and home inspections, though? Is there a difference between the two? Are they really necessary? Home Appraisals...
How Does a Reverse Mortgage Work?
What is a reverse mortgage?A reverse mortgage allows homeowners of a certain age, 62 years and older, to borrow from their home’s equity without having to make monthly mortgage payments. As the borrower the homeowner may then choose to take funds in a lump sum, line...