29 Feb 2024
By Aadil Nathoo

4 Common Remodeling Mistakes and How to Avoid Them

Around The Home, ,
Investing in your home by remodeling or renovating is an excellent way to increase its value. However, a significant renovation project can quickly turn into a disaster, especially for those who are inexperienced. Let's take a look at four of the more common home renovation mistakes that homeowners make and how you can avoid them. Mistake #1: Skipping The Permit Process The first mistake you will want to avoid is undertaking any home renovation without the required permits. While some remodeling projects will not require a permit, others will. Regardless, it is more than worth taking the time to do…
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28 Feb 2024
By Aadil Nathoo

Navigating the Impact of Environmental Factors on Property Values

Housing Market, ,
As our world becomes increasingly conscious of sustainability, it's crucial to understand how the environment can shape the value of your home or potential investment. Let's explore the various ways in which environmental factors play a significant role in the real estate market. Location, Location, Eco-location: The old adage "location, location, location" takes on a new dimension when considering environmental factors. Proximity to parks, nature reserves, and green spaces can significantly enhance property values. Homebuyers are increasingly seeking homes in areas with a strong connection to nature, promoting a healthier and more sustainable lifestyle. Climate Change and Extreme Weather: With…
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27 Feb 2024
By Aadil Nathoo

Exploring the Pros and Cons of Using Personal Loans and Refinancing for Home Renovations

Mortagage Tips, ,
Undertaking home renovations can be an exciting endeavor, whether you're looking to enhance your living space, increase property value, or simply modernize your home. However, financing these projects can often pose a significant challenge. While personal loans and refinancing are popular options for funding renovations, it's important to weigh the advantages and disadvantages before deciding. Personal Loans Pros: Accessibility: Personal loans are typically easier to obtain compared to other forms of financing, such as home equity loans or lines of credit. No Collateral Required: Unlike home equity loans which use your home as collateral, personal loans are unsecured. This means…
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26 Feb 2024
By Aadil Nathoo

What’s Ahead For Mortgage Rates This Week – February 26th, 2024

Financial Reports, ,
A government holiday followed by an extremely light release schedule has led to a limited amount of data, with the FOMC Minutes being the only impactful report for the prior week. The Federal Reserve had stated they will continue to maintain their current stance in light of the most recent inflation data. With rates holding into the year, as a result, lending partners have started back tracking some of their recent rate cuts. Lastly, Unemployment Numbers are seen to be well within expectations. FOMC Minutes “Most” officials noted the risks of moving too quickly to cut rates and wanted to…
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23 Feb 2024
By Aadil Nathoo

Loan Servicing Companies

Mortgage Tips,
What happens when you suddenly get a notice to pay your mortgage to a company you may have never heard of? How do you determine if this is a legitimate request or a scam? A borrower may get a written notice or an email that their mortgage has been sold to another entity or that a new loan servicing company will now be collecting the mortgage payments. The borrower needs to exercise extreme caution before just sending in a payment to the new company. It is prudent to double-check to see if the communication is legitimate because many people get…
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