Obtaining your first home isn't as simple as going to the bank and applying for the loan. Among all the information lenders review to decide whether they'll give you the mortgage and what your interest rate will be, the debt-to-income ratio is one of the most important. This ratio is how much debt you have compared to the amount of income you're currently bringing in. The higher the ratio, the more interest you'll pay.
- When you need to sell your house in a hurry, it can be frustrating to deal with the utter lack of buyer interest. Unfortunately, making the wrong move can prompt buyers to look elsewhere. Here are two silly mistakes you might be making, and why they might hurt your ability to sell your home: 1: Leaving The Place Messy Those kids toys lying around your living room might not seem like a big deal to you, but they might be a problem to people interested in your home.
- When most people decide to start investing in rental properties, there is often a great deal of concern about tenant selection. From tenants who destroyed the property to tenants who skipped out on rent, there are tons of less than pleasant stories. As a property owner, you have a lot to do with your tenant experience. Knowing exactly what to look for and where to advertise can help you find the right tenant for your property.