Senator Downing of Massachusetts sponsored a bill requiring that home owners have a free energy audit of their house before putting it on the market for sale. The results of that audit are to be disclosed to potential home buyers. The rate of auditing shall be tracked. A rating system shall be developed. I think
A new client sent us an email asking about his pre-approval: Hi Rona and Dave, Here is our pre-approval letter from _______ Bank. I had (the loan originator)write it up for $---k with 30% down. We can adjust it as we see it. His suggestion was to put 30% down in the letter to make
We recommend that househunters choose an attorney and an inspector (and a back-up for each) early in the house hunting process. That way, when you find a house and start making offer, you are not scrambling to interview attorneys and inspectors during a busy week. You need to know what they are going to be
Sometimes a couple will qualify for a mortgage with one partner’s income, but won’t qualify with their combined income and debt. Think new lawyer with $200,000 in student loans. Think recently divorced and remarried person still carrying the bad credit from his/her ex. You would think that lenders wouldn’t allow only one person to be