The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Home inspector and contractor discussing a house inspection report."

Understanding Home Inspection Reports: Facts Buyers Must Know

By Scott Sheldon / January 8, 2025

Understanding Home Inspection Reports: Facts Buyers Must Know When buying a home, the inspection phase can feel like a whirlwind of new information. After you’ve agreed on a price with the seller, the home inspection report often provides insights you weren’t initially aware of. While valuable, these reports can sometimes lead to unnecessary worry. Here’s…

Read More
Navigating the "As-Is" Housing Market: Smart Offers for Homes Needing Repairs

The Realities of Buying a Home That Needs Repairs: What You Should Know Before Making an Offer

By Scott Sheldon / October 22, 2024

You’re pre-approved for a mortgage and excited to begin your home search with your real estate agent. As you look for single-family homes, a common pattern may emerge—many homes may need some level of repair. Maybe the roof needs replacing, the gutters are old, or perhaps the exterior paint is peeling. It could be as…

Read More