Thinking About Buying a Home in Hudson Valley? Here is a Quick Explanation of the Mortgage Concept by Dino Alexander

Thinking About Buying a Home in Hudson Valley? Here is a Quick Explanation of the Mortgage Concept

Real estate loan is what a lot of people use to buy their home. Real estate loans have been instrumental in bringing joy to people by making that unaffordable house affordable. Some real estate investors too make use of real estate loans for buying properties. However, real estate loan is not free money and anyone who buys real estate or plans to buy real estate using real estate loan must understand the concept of real estate loan very clearly. Thinking About Buying a Home? Here […]

Mortgage insurance: Added cost to homebuying or smart way to get in?

Mortgage insurance: Added cost to homebuying or smart way to get in? (BPT) – The homebuying process is exciting, but can also seem fraught with added costs, like a home inspection, title insurance and closing costs. And if you can’t afford a full 20 percent down payment on a conventional home loan, then you will most likely pay for private mortgage insurance (MI). Some people consider private MI yet another added cost, but it helps creditworthy middle-income homebuyers qualify for home financing sooner with a […]

Hudson Valley Aerial Photography by DA SKY

Alexander Maxwell Realty: Rent vs. own: Which is right for you?

(BPT) – If you’re thinking of buying your first home, you’ve probably wrestled with the decision to rent or own your home — and for good reason. Owning a home is a big commitment. With it comes a lot of responsibility and a long-term financial relationship. But which is right for you? To answer that, let’s lean into the facts. The improving housing market Good news! Since the depths of the recession, the housing market has made a heroic comeback. That can be attributed to […]

Hudson Valley Aerial Photography by DA SKY

Alexander Maxwell Realty: How you can improve your FICO Score.

(BPT) – Anyone who has tried to borrow money to purchase a car, buy a home or open a revolving line of credit may be familiar with the term FICO Score. Most lenders use this scoring model, which essentially determines a person’s creditworthiness. “The FICO Score may seem like a big, daunting mystery, especially since your score can have a huge impact on your ability to borrow money at a competitive rate,” said Jim Johnston, of Colorado-based Bellco Credit Union. “The truth is, however, you […]