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Coping With Relationships During The Moving Process

March 6, 2020 by Kay Monigold

Heading to a new place can be an exciting time; however, this is going to have an impact on someone's relationships with family members and friends. The idea of relocation can be stressful for these emotional attachments. This can cause some hesitation as individuals and families adjust to living in a new place.

Filed Under: Real Estate Tagged With: Home Purchase, Real Estate, Relocation

Most Renters Are Paying Far More Than Their Landlord’s Mortgage

March 5, 2020 by Kay Monigold

In the overwhelming majority of the 50 largest cities across the U.S., monthly rent is more than the mortgage payment for single-family homes. In several cases, much more.

Filed Under: Mortgage Tagged With: Market Conditions, Mortgage, Rental Property

5 Essential Questions Real Estate Investors Should Ask Before Making An Offer

March 4, 2020 by Kay Monigold

Real investing is not only a great way to diversify assets but can also be used to generate both income and capital appreciation. While this is a fantastic opportunity, it is also important to choose investment projects carefully. It is critical to ask the right questions before making an offer on an investment property.

Filed Under: Real Estate Tagged With: Investment Property, Market Trends, Real Estate

How To Keep Records For Your Real Estate Business

March 3, 2020 by Kay Monigold

Anyone who is looking to build a successful real estate business needs to keep meticulous records. When buying and selling property, there are a lot of tax and legal responsibilities. While some people may not want to think about this issue, the IRS may audit a real estate business. In this case, it is critical to have documentation that demonstrates proof of income as well as any credits or deductions that might have been claimed.

Filed Under: Real Estate Tagged With: Real Estate, Real Estate Business, Record Keeping

What’s Ahead For Mortgage Rates This Week -March 2nd, 2020

March 2, 2020 by Kay Monigold

Economic readings released last week included Case-Shiller and FHFA Home Price Indices and reports on new and pending home sales. The week wrapped up with a report on consumer sentiment and weekly readings on mortgage rates and new jobless claims.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

Should I Pay Off My Mortgage Or Invest the Money?

February 28, 2020 by Kay Monigold

To understand what to do with a windfall or extra disposable income when it comes to paying down a mortgage or investing the money, we need to discuss and understand the concept of opportunity cost.

Filed Under: Mortgage Tagged With: Financing Options, Mortgage, Tax Implications

Find The Best Mortgage Deal With A Few Simple Steps

February 27, 2020 by Kay Monigold

Currently, this is a great time to be in the market for a new home. The interest rates on mortgages have fallen countless times over the past few years. Even though interest rates have been in the double-digits in the past, there are homeowners today who are able to agree to a mortgage for less than three percent.

Filed Under: Mortgage Tagged With: Credit Score, Financing Options, Mortgage

Ensuring Home Contractors Are Following The Rules Under HICPA

February 26, 2020 by Kay Monigold

There are many homeowners who hire contractors to make repairs or upgrades on their homes. It is critical for home improvement contractors to follow all rules and regulations set forth by the law. These regulations have been set forth under the Home Improvement Consumer Protection Act, or HICPA.

Filed Under: Mortgage Tagged With: Home Construction, Home Repairs, Mortgage

3 Tips to Find the Best Neighborhood to Live In

February 25, 2020 by Kay Monigold

The vast majority of people are going to move at least once in their life. Moves can vary in distance. Sometimes, these moves are across town. Other times, they might be across the country. Regardless of the distance, is important to find a neighborhood that fits both the budget and lifestyle. There are a few tips to keep in mind.

Filed Under: Mortgage Tagged With: Cost of Living, Mortgage, Relocation

What’s Ahead For Mortgage Rates This Week -February 24th, 2020

February 24, 2020 by Kay Monigold

Last week's scheduled economic reporting included readings on builder confidence in housing markets, housing starts and building permits issued and sales of previously owned homes. Weekly readings on mortgage rates and first-time jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

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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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