Understanding VA Loans When to use your VA Eligibility and when NOT to. The VA does NOT originate loans. They only back or guarantee a portion of those loans so that mortgage bankers and banks can provide those with eligibility a maximum of 100% financing on...
Understanding Credit – Credit Myths Part 2 I discussed the importance of understanding your credit in last month’s edition, as well as a few Credit Myths. This month I will provide more Credit Myths that many believe to be true…but are not! “MY FICO SCORES WILL...
Understand Credit – It’s a MUST! Prior to 2000, lenders had no real means to assist clients regarding improving their FICO scores other than telling them to pay down/off credit cards with high balances. After 2000, scoring programs were provided to Credit Companies to...
What are the Exclusions to Avoid Reassessment of Property Taxes? It is important to understand what triggers reassessment of real property and what doesn’t. Let’s look at a couple of examples.1) To avoid property tax reassessment, do NOT transfer real property from...
What Is A Supplemental Tax Bill? I receive many calls from clients’ months AFTER they purchase a resale home or new construction asking why they just received something called a Supplemental Tax Bill. A Supplemental Tax Bill is NOT your regular tax bill. So, what is a...
