Living in Tennessee is a good decision for lots of reasons. There are several great places to call home in the Volunteer State. Whether you choose to live in some of the more populated areas around Nashville, Memphis, Knoxville, Chattanooga, and other thriving Tennessee municipalities, or if you prefer the country life in small towns…
One of the primary factors lenders consider when you apply for a mortgage is your credit score. They normally use what’s called a FICO score, which is a number that ranges between 300 and 850. Lenders use this number to assess your trustworthiness, as it represents your recent and extended credit history. How you have…
FHA Loan Debt to Income (DTI) Ratio Guidelines FHA loans allow first time home buyers and others who are just starting out or who may be financially disadvantaged to purchase homes through a government assisted program that differs from conventional loans. To qualify for an FHA loan, the Federal Housing Authority requires that you meet…
Article Summary The current housing market in the US has made its way back to pre-Great Recession levels. Interest rates are rising, which will tend to cool off the increasing housing prices. Significant factors that will cause a market correction in the next two years include the Federal Reserve’s monetary policy and tightening of credit…
When a real estate transaction is taking place, the details of the transaction, especially the agreed upon price for the property, are based upon assumptions made by the buyer regarding the condition of the property being purchased. It can be easy for the seller to hide from the buyer specifics about the piece of real…
The Richest Man In Babylon is a fictional story with sound principles that have helped people become wealthy through their application. This first part comes from the part of the book “Seven Curses For A Lean Purse”. Heed the advice in each of these sections, and your “purse” will become fat and overflowing with wealth….
There’s no question that social media has been the go-to for prospecting and lead generating. I will show you how to basically turn Facebook into a lead generating faucet to target buyers and sellers specifically. I will warn you that there is work involved, but making it through the learning curve will pay dividends if…
Buying a home is a lot easier than you might think. Yes, it’s a huge purchase, probably one of the largest purchases you’re going to make in your life, but the hurdles in the process mostly deal with time. If you’ve interviewed some rockstar real estate agents to purchase your home, you’re smart, because not…
In the state of Utah, real estate transactions are initiated and facilitated by a legal document called a Real Estate Purchase Contract, more commonly referred to as a REPC (pronounced rep-see). The REPC acts as a contractual offer to purchase on behalf of a buyer, and a contractual acceptance of the buyer’s offer (or potentially…