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Long-Distance House Hunting Tips

June 8, 2018 by Kay Monigold

Hunting for a house is stressful enough even if you are moving to another part of town. However, when you are searching for a house from afar, it can make the task of finding the right home for your needs seem almost impossible.

Filed Under: Real Estate Tagged With: New Home, Pre-Approval, Real Estate

What To Know When Looking At Active Adult Communities

June 7, 2018 by Kay Monigold

For many Americans, retirement age is fast approaching or already here: Baby Boomers account for nearly 75 million individuals in the United States.

Filed Under: Home Buyer Tips Tagged With: Active Adult, Home Buyer, Location

What You Need To Know About Short Sales

June 6, 2018 by Kay Monigold

On the surface, a short sale seems like the perfect deal. However, before you take the plunge, you need to understand how this type of home purchase works.

Filed Under: Mortgage Tagged With: Mortgage, Pre-Approval, Short Sale

Pros And Cons Of Buying A Foreclosure

June 5, 2018 by Kay Monigold

When a homeowner stops making regular mortgage payments, the bank can foreclose on the property. This means that the bank takes possession of the property in an attempt to recover the debt the homeowner owes. In some cases, the bank may try to recover this debt by selling the property at auction. In other cases, the bank will simply list the foreclosed home for sale.

Filed Under: Mortgage Tagged With: Foreclosure, Mortgage, Pre-Approval

What’s Ahead For Mortgage Rates This Week – June 4th, 2018

June 4, 2018 by Kay Monigold

Last week's economic reports included readings on Case-Shiller home prices, pending home sales and construction spending. Weekly readings on mortgage rates and new jobless claims were released, along with monthly labor-related reports on job creation and the national unemployment rate.

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Reports, Interest Rates

How To Qualify For An FHA Loan

June 1, 2018 by Kay Monigold

Borrowers who cannot qualify for a conventional mortgage are often able to obtain an FHA loan. However, to secure this type of loan, you must still meet certain requirements.

Filed Under: Mortgage Tagged With: FHA, Financing, Mortgage

Understanding Your Debt To Income Ratio

May 31, 2018 by Kay Monigold

When you are filling out a mortgage application, the lender will be asking you for specific financial information. One of the reasons they ask for this information is to enable the underwriter to calculate your debt to income ratio.

Filed Under: Mortgage Tagged With: Debt, Loan Qualification, Mortgage

Home Updates That Make Good Multi-Generational Sense

May 30, 2018 by Kay Monigold

Multi-generational households and the growing preference on the part of many retirees toward "aging in place" have altered home design in recent years. Interiors are more open, more functional and more adaptable that they were even a decade ago.

Filed Under: Real Estate Tagged With: Families, Home Updates, Real Estate

What’s Ahead For Mortgage Rates This Week – May 29th, 2018

May 29, 2018 by Kay Monigold

Last week's economic reports included readings on sales of new and previously-owned homes along with weekly readings on mortgage rates and new jobless claims.

Filed Under: Financial Reports Tagged With: Home Sales, Jobless Claims, Mortgage Rates

Smart Technology or Home Automation: What’s the Difference?

May 24, 2018 by Kay Monigold

Is it worth it to add smart appliances or automated features if you're selling a home? Just how much connectivity do buyers want? And what exactly do the terms refer to in terms of home updates.

Filed Under: Real Estate Tagged With: Automation, Improvements, Real Estate

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Our Team

Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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Tyler, TX 75703
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