It may seem like a nearly impossible task to get a mortgage after retirement, but there are ways you can do it even if you are not employed. If you’re planning to apply for a mortgage, here are 5 common questions you might ask that we’ve answered for you: 1. What will lenders consider as my income?Income from a regular or part-time jobA brokerage...
November 2018
How great does a mortgage payoff sound? After making your final payment, there’s nothing sweeter than seeing in your account that you are already “PAID IN FULL” after a substantial period of 15 or 30 years. Congratulations! Paying off your mortgage is a huge and remarkable milestone—you now own your home free and clear. However, there are still a few things you need to do to ensure that you have...
If you’re planning to move away from the city and live a more simple life in the country, take note that it does not come without its unique set of challenges. Here are a few tips to help you when you decide to buy a rural home. 1. Specify your needs and wants.Before you plan to buy a home in a rural area, it’s best for you to check with yourself what...
There are several misconceptions that you might fall trap to when it comes to selling property. If you’re planning to put your house in the market, make sure that you don’t make the following mistakes. Misconception #1: Organizing multiple open houses will surely bring in more buyers. Having open houses can be laborious...