In preparing to buy a home, you start inquiring about mortgage loans and have words thrown at you like DTI ratio, LTV, points, closing costs, escrows, P&I - what do they all mean? This article will help you understand the lingo and tell you what to look for as you research your loan options.more»
You have prepared to purchase a home, and you understand some of the mortgage lingo. What do you do now?
When you are ready to buy a home, you should always get pre-qualified before going house shopping. This will allow the bank to pull and review your credit, figure your debt to income ratio, and ensure that you are looking in the right price range for your budget.more»
I’m often asked about various savings vehicles that are designed to help parents save for their children’s “higher” education needs. Most have heard of the popular 529 plans or Education Savings Accounts. While there are pros and cons associated with any plan, the best plan is the one you implement with certainty which is only accomplished by having all of the information.more»
Do you ever find yourself driving around admiring the beautiful homes for sale and thinking, “am I ready to be a homeowner?” Do you dream of owning a home one day but don’t know where to begin?
Buying a home is one of the most rewarding, yet often challenging, goals you will achieve in your lifetime. The following are a few steps you can take to be better prepared for the big purchase when you find the home of your dreams:more»
Summer vacation season is heating up and while many homeowners take precautions to ensure their homes are properly lit, locked and protected from burglars when they head out of town, they probably don’t think about the intruders that can make their way in on four, six or eight legs. These squatters can cause significant damage and Arrow has put together a pre-vacation checklist for homeowners to protect their families and homes.more»
The following is a passage from the Warren County Stormwater Management Ordinance:
“No solid materials, including building materials, shall be discharged to waters of the Commonwealth, except as authorized by a Section 404 permit.”more»
REALTORS® Call to Action:
H.R. 3700 was passed by the U.S. House 427-0. Despite passing with NO OBJECTIONS, the U.S. Senate has not acted on H.R. 3700.
This legislation provides significant benefits to taxpayers, homebuyers and the real estate market by:
- Removing a burdensome and expensive FHA Condo approval process
- Reducing FHA restrictions on the number of condos available to homebuyers
- Permanently streamlining Rural Housing Service loan processing
Articles submitted by Business Partners of the REALTOR® Association of Southern Kentucky will now be posted on our Facebook page as well!more»