Want to Complain About Your Lousy Mortgage Closing?

April 17th, 2017 Categories: Random Thoughts

Think it took a long time to close your last purchase or refi mortgage? How about more than seven hours? That’s what happened to a couple of folks I know in Texas, and theirs is just one of many stories I’ve heard about things, ranging from interest rates that rise to mysterious appearance of random fees, that go way wrong at settlements. Read the rest of this entry »

Spoken by Maggie Dokic | Discussion: Comments Off on Want to Complain About Your Lousy Mortgage Closing?

How to Talk to Your Lender About Foreclosure

March 13th, 2017 Categories: Random Thoughts

Many homeowners can find alternatives to foreclosure by negotiating with lenders, often with the help of foreclosure counselors. If you’re facing foreclosure, call your lender right now to determine your options, which can include loan modification, forbearance, or a short sale. Read the rest of this entry »

Spoken by Maggie Dokic | Discussion: Comments Off on How to Talk to Your Lender About Foreclosure

Evaluate Your Adjustable-Rate Mortgage

November 22nd, 2016 Categories: Random Thoughts

An adjustable-rate mortgage, or ARM for short, is attractive to homeowners because the introductory interest rate is often lower than rates on traditional fixed-rate loans. That translates into lower monthly payments. ARMs can make sense if you plan to sell your home or refinance your mortgage before the introductory rate expires. Read the rest of this entry »

Spoken by Maggie Dokic | Discussion: Comments Off on Evaluate Your Adjustable-Rate Mortgage

How Fannie Mae and Freddie Mac Save You Money

November 16th, 2016 Categories: Random Thoughts

If all you read is the headlines, you might think mortgage market giants Fannie Mae and Freddie Mac have cost the taxpayers billions. However, a deeper look into these two government-sponsored enterprises (GSEs) reveals a decades-long history of making mortgages more affordable, benefiting not just individual home owners, but whole communities. Read the rest of this entry »

Spoken by Maggie Dokic | Discussion: Comments Off on How Fannie Mae and Freddie Mac Save You Money

What You Must Know About Home Appraisals

October 4th, 2016 Categories: Random Thoughts

When you refinance or sell your home, the lender will insist that you get an appraisal–an opinion of the value of your home based on what similar homes in your area have sold for in recent months.

Here are five tips about the appraised value of your home. Read the rest of this entry »

Spoken by Maggie Dokic | Discussion: Comments Off on What You Must Know About Home Appraisals

Foreclosure Help: 5 Pros You Need on Your Team

August 29th, 2016 Categories: Random Thoughts

When you’re facing foreclosure, it’s critical to reach out and ask for the foreclosure help you need to save money and trouble–and possibly your home. Recruit the following five pros onto your foreclosure team. Read the rest of this entry »

Spoken by Maggie Dokic | Discussion: Comments Off on Foreclosure Help: 5 Pros You Need on Your Team

« Previous Entries