Seven Tips to Prepare for a Home Appraisal

Getting ready to sell your home or perhaps you’re hoping to refinance your current mortgage? Either way, you will be required to have your home appraised. The whole process can feel a bit stressful and like it’s all out of your control, but that’s not necessarily the case. There are steps you can take to help you get the maximum appraisal value for your home. 1.  First impressions count You may not think too much…

What happens after your offer is accepted?

It’s an exciting time. You just received the call you’ve been anxiously awaiting from your Village Associates realtor. Your offer was accepted on your dream home. This is the moment you’ve been dreaming about. You start sharing the news with friends and family. Perhaps you’ll have a celebratory dinner complete with champagne as you start to dream about life in your new home. But what happens next? There is a lot that has to happen…

2019 Conforming Loan Limits Increase

Looking to buy a new house in 2019? We are excited to share some positive and relevant mortgage news. As expected with the sustained rise in home values, the Federal Housing Finance Agency, (a regulator for Fannie Mae and Freddie Mac), announced an increase in conforming loan limits for 2019. This means that home buyers will now have more borrowing power. Fast Facts: New limits go into effect on January 1, 2019 (but you can…

4 Easy Ways to Pay off Your Mortgage Early

You made it!  You’re a homeowner, you’ve signed the mountains of paperwork, and now you’re entertaining the idea of paying off your mortgage early.  Just the idea of owning a home free and clear brings a sense of super-human power and fulfillment. Whoever you are and wherever you are, you can apply these 4 easy tips to shave years off your mortgage. 1. Make one extra payment a year.  This can sound daunting, but there…

8 Tips for Refinancing Your Home

Refinancing your home can be a pretty tricky and very involved process, especially if you have never done it before. After you’ve gone through the steps to decide whether you should refinance, the tips below will help you through the rest of the process: 1. Specify your reason for refinancing. Different mortgage rates and types are available based on whether you are looking for lower monthly payments, a lower interest rate, or fixed monthly payments….