by luxretail | Jul 18, 2016 | Home Buying
Getting a mortgage is exciting, but it can be pretty stressful, too. After all, a mortgage is likely the largest financial transaction you’ll make in your lifetime, so for most borrowers, the pressure’s high to get everything right. In order to alleviate some of that...
by luxretail | Jul 12, 2016 | Home Buying
As you probably already know, your credit score is an integral piece of your overall financial picture. Your credit score has the power to help you get more credit, get approved for a lease, and when you’re ready, buy a home. But what constitutes a ‘good’ credit...
by luxretail | Jul 6, 2016 | Investors
If you are considering purchasing a rental property, one of the biggest decisions may be whether to utilize the property as a short-term or long-term rental. Both have may have an upside and drawbacks. Below we’ll discuss elements that you as a property owner may want...
by luxretail | Jul 3, 2016 | Market News
If you’re looking to buy a home in Connecticut, the first order of business is to determine how much “house” you can actually afford. That will determine whether or not you will need to apply for a loan and, more importantly, how much money you will reasonably be able...
by luxretail | Jun 25, 2016 | Home Buying, Market News
The United States’ East Coast is a beautiful, diverse landscape offering a variety of exciting beach destinations. From the rugged, rocky beaches of New England to the bustling New Jersey shore, to quiet sandy nooks in the Carolinas, the East Coast boasts some of the...
by luxretail | Jun 20, 2016 | Home Buying
While FHA loans and USDA mortgages are both popular, affordable home financing programs, they each offer different benefits and have very specific eligibility requirements. Let’s take a look at some of these programs key differences. Down Payment While most...
by luxretail | Jun 15, 2016 | Home Buying
If you’re having difficulty making your mortgage payment and you’re worried about the possibility of having to face foreclosure, the time to act is now. Don’t wait until it’s too late. By following these steps at the first sign of trouble, you may be able to avoid the...
by luxretail | Jun 8, 2016 | Home Buying
How do you know if you need a jumbo loan? Start by finding the loan limits for your area. Don’t know what loan limits are or where to find them? We can help. But first, let’s take a minute to review what jumbo loans are and how they work: What is a Jumbo Loan? A jumbo...
by luxretail | Jun 3, 2016 | Home Buying
In your home financing search, you may have come across the terms ‘conforming’ and ‘non-conforming’ loans and wondered, what exactly is the difference between the two? In this post, we’ll explore conforming and non-conforming home loans and highlight their key...
by luxretail | May 22, 2016 | Home Buying
If you’re relocating to another neighborhood, another city, or another state, you’ll need to know a thing or two about your new surroundings. For home buyers, that includes digging up data on real estate prices, home values, and real estate agents – in addition to...