VA Loans Help Military Homebuyers

VA loans are a great loan option for those who have served our country. These loans backed by the U.S. Department of Veterans Affairs, provide an affordable way for many military families to own their own home – and a way to say thank you for your service!

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Lauren Kolazas
How we selected and hired a contractor

Once we officially purchased the Cavendish Cottage, the next step was to determine the scope of the project and have contractors bid on the work. When you borrow hard money you will have to create a draw schedule showing the work that needs to be done and the approximate cost. But this is a very rough estimate and usually created after only seeing the home one time.

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Should You Use 401k Money for a Down Payment?

Did you know that you can borrow money to buy a home from yourself if you have a 401k plan?

Getting a 401k loan is one way to get additional money toward a down payment. It’s a lump sum of money that is already yours -- not the bank’s, not mom and dad’s, and not anyone else’s!

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Lauren Kolazas
How to Get the Best Interest Rate for YOU

When it comes to getting a mortgage, it’s easy to focus on the interest rate. But, if you only focus on the interest rate, you might be missing some “hidden” fees that makes getting that interest rate more expensive.

That sounds counterproductive but it isn’t. Several factors will help create the best mortgage and interest rate available to each of us.

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Lauren Kolazas
Should You or Shouldn’t You Avoid PMI?

Do you worry about PMI payments since you’re not able to put 20% down on your new home?

You’re not alone! Many buyer don’t have cash for a large downpayment, especially first timers or if you are buying and selling a home at a the same time. Without 20% down, private mortgage insurance (PMI) is how you buy a home.

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Lauren Kolazas
Buy AND Renovate with One 203(k) Loan

Maybe you’ve seen a home that you love but it was more fixer-upper than move-in-ready. Dated kitchen, not enough bathrooms or no open floor plan -- but it had a location you just love.

Don’t cross it off your list! Whether you envision a big renovation or something on a smaller scare, there is a way to finance it.

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Lauren Kolazas