17 Aug 2023
By Aadil Nathoo
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Vacation Home or First Mortgage Payoff?

Mortgage,
Imagine having some extra cash on hand, enough to make a significant financial decision that could potentially shape your future. You've worked hard to build equity in your home, and now you find yourself at a crossroads. Should you invest in a vacation home or use the money to pay off your first mortgage? Vacation Home-Pros A Place to Escape: Owning a vacation home provides you with a tranquil getaway, a place to unwind and recharge. It offers the potential for making lasting memories with family and friends. Rental Income: If you decide not to use the vacation home year-round,…
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10 Aug 2023
By Aadil Nathoo

Disputing Your Property Tax Assessment Can Save You Money

Mortgage, ,
Property taxes can be a substantial financial burden for homeowners and property owners. Each year, local governments assess the value of properties to determine the amount of property tax owed. However, these assessments are not always accurate and can result in higher tax bills than necessary. Disputing your property tax assessment is a proactive way to potentially save money and ensure you're paying a fair and equitable amount. Reasons for Flawed Assessments: Property tax assessments are not immune to errors and discrepancies. Several reasons can lead to an inaccurate evaluation of your property: Market Value Misjudgment: Assessors may rely on…
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04 Aug 2023
By Aadil Nathoo

Will Buying A New Car Impact The Ability To Buy A New Home?

Mortgage, ,
Making major life decisions often involves a delicate balancing act. Among the most significant choices individuals face are buying a new car and purchasing a new home. Both ventures represent milestones in one's life, bringing excitement and anticipation. However, there is a complex interplay between these two financial endeavors that can significantly impact a person's ability to achieve their dream of owning a new home.  Here are some factors to consider: Debt-to-income ratio: When you apply for a home loan, your lender will consider your debt-to-income ratio (DTI) to determine whether you qualify for a mortgage. Your DTI is the…
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03 Aug 2023
By Aadil Nathoo

How To Find A New Home In A New City

Mortgage, ,
Finding a home in a new city can be a daunting task, but there are several steps you can take to make the process smoother. Here are some tips: Research the neighborhoods: Start by researching the different neighborhoods in the city you are moving to. Look into the amenities, crime rates, school districts, and transportation options in each area to help you narrow down your search. Determine your budget: Figure out how much you can afford to spend on rent or a mortgage before you start looking for a home. This will help you focus your search on properties that…
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