Assumable Mortgages: A Smart Move or a Risky Gamble?

When buying a home, compromise is often necessary—whether it’s on wall color, flooring, or other design elements. But what about the seller’s mortgage terms? With an assumable mortgage, you agree to take over the previous owner’s home loan under its original terms. This option can be particularly appealing in a high-interest-rate environment, as it may […]

What happens when a mortgage lender checks my credit?

Credit checks coming from lenders are reported to the credit reporting companies as an “inquiry.” An inquiry typically has a small negative effect on your credit scores. Inquiries can be seen by other lenders when they check your credit. Inquiries tell other lenders that you are thinking of taking on new debt. An inquiry typically […]

How to Sell a Home Around the Holidays

How to Sell a Home Around the Holidays What’s the worst time to sell a home? If you ask any families with lots of holiday events, errands, and gifts to buy, that answer’s simple: the holidays. And there’s a problem, too: not every buyer is looking to purchase a home during the holiday season. Oftentimes, […]