Avenue Mortgage, LLC

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A Comprehensive Guide to Explaining Escrow Accounts

February 14, 2024 by Kay Monigold

Whether you're a first-time homebuyer or a seasoned homeowner considering a refinance, the term "escrow account" often looms as a source of confusion. Yet, understanding the ins and outs of escrow accounts is crucial for managing your homeownership responsibilities effectively. In this article, we'll address some common questions and concerns regarding escrow accounts to shed light on their importance and functionality.

Filed Under: Homebuyer Tips Tagged With: Escrow, Mortgage, Real Esate

Is Buying a Remodeled Home a Smart Move

February 13, 2024 by Kay Monigold

While watching shows like Property Brothers, Flip or Flop, Fixer to Fabulous, Fix My Flip and Fixer Upper may paint a rosy picture of buying a remodeled home, the reality often differs significantly. While these shows depict smooth transformations and stunning results, real-life experiences with remodeled homes can be far more complex and challenging.

Filed Under: Homebuyer Tips Tagged With: Mortgage, Remodel, Renovation Loan

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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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