The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
The Realities of Buying a Home That Needs Repairs: What You Should Know Before Making an Offer
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 More4 Signs You’re Not Ready to Buy a House
4 signs you’re not ready to buy a house when it comes to purchasing a home. It’s probably one of the highest-ticket purchases you’ll ever make in life, if not the most high-ticket purchase. You want to, of course, make sure that affordability is number one. This is primary, above all else. However, just because…
Read MoreHow Rising Incomes and Smart Strategies Can Help You Buy a Home in Sonoma County
Buying a home is one of the most significant financial decisions many will make in their lifetime. As home prices continue to rise, so too does the level of income needed to qualify for a mortgage. This is particularly true in places like Sonoma County, California, where the picturesque landscapes and high quality of life…
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