Sergio Garcia & Sofia Garcia, Realtors with Samson Properties
Did you know that a high debt-to-income (DTI) ratio is the #1 reason mortgage applications get rejected? 🤯 Your DTI ratio is the percentage of your gross monthly income that goes toward debt payments, including your mortgage. Lenders use DTI to assess your ability to afford a home. So, how can you avoid rejection and …
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The walk-through is one of the last steps in the homebuying process, but you shouldn’t rush it! Here are a few things to check during your final walk-through: 💡 Are all items included in the sale (e.g. light fixtures and appliances) in place and operational? 🚿 Are all major systems working properly? ⚒️ Have all …
Ready to buy a home but feeling overwhelmed by financing options? Here are four factors to consider when choosing a mortgage: 📈 Credit Score:This three-digit number can significantly impact your interest rate and the types of loans you qualify for. 📊 Income & Expenses:Lenders want to ensure your income will comfortably cover your mortgage payments …
Continue reading "Top 4 Factors to Consider When Choosing Your Mortgage!"
Click here to access a printable pdf version of this post Presiona aqui para version en español With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don't let that deter you: If other homebuyers' experiences are any indication, odds are you'll eventually find a …
Continue reading "Top 4 Factors To Consider When Choosing Your Mortgage"
You may not be looking to buy or sell a home right now, but did you know we can still be a great resource? Here are 3 reasons to reach out to us: 👷 You need a referral. Whether you’re searching for a housekeeper or a roofer, we’re happy to share our list of trusted …
Want to make your home more sustainable? According to a recent survey by the U.S.-based National Association of Realtors, buyers have these 5 green features at the tops of their lists. 🪟 High-quality windows, doors, and siding 🛣️ Proximity to stores, schools, and transit 🛋️ Comfortable living space 💡 Low utility costs 🚆 Low commuting …
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