All Blog Entries by Debbie Drummond

Found 404 blog entries published by Debbie Drummond.

4 Common Mortgage Mistakes Buyers MakeVery few people have the means to buy a home with cash only, and that means in order to buy a home, most people are going to need a loan. Because loans are so important to buying homes, it’s important that buyers make sure they don’t make any mistakes when applying for and using them. However, it can be easy to make mistakes, especially for first-time home buyers who haven’t dealt with mortgages before. Here are some common mistakes buyers make regarding mortgages and how to avoid them.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

1. Going With the First Lender

There are many, many different lenders out there, and each of them offers different rates

1,055 Views, 0 Comments

Buying a Home? What You Need to Know About Pre-Approval and Pre-QualificationPre-qualification and pre-approval are both a part of the mortgage application process. All home buyers who apply for a mortgage must go through these processes. To show they are able to qualify for a mortgage, most buyers will start the mortgage application process before making an offer on a home.

If you're thinking about buying a home, it's important to know the difference between pre-qualification and pre-approval. Knowing the difference can help you decide what you need to do in order to make a competitive and attractive offer when you find a home you wish to buy.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What Is Mortgage

1,143 Views, 0 Comments

How to Pick a Kitchen Countertop Material That's Right for YouThe kitchen counters are a major feature in the room, making it important for homeowners to consider a few types of materials before settling on one. Before deciding, they need to consider how much time they spend in the kitchen, what types of meals they prepare, and how long they plan to own the home before selling. For those getting ready to start a DIY project or hire a professional to add or redo countertops, keep the following in mind about the many colors, patterns, and textures available on the market.

Granite

Granite is a smart choice for homeowners who want to increase their home's resale value. The elegance and luxury of granite are instantly apparent to potential homebuyers, even if they don't consider themselves to be serious

1,910 Views, 0 Comments

Getting Your Garage Organized: Tips for HomeownersKeeping an organized garage is important, especially if you're using your garage primarily for storage. A clean garage is also important should you want to sell your home. The more organized your garage is, the easier it will be to find the things you need. If you're trying to organize your garage, these tips can help.

Utilize All Available Space

Most garages have a lot of un-utilized space, especially on the walls and near the ceiling. Installing storage shelves and loft space makes it possible to use these spaces more efficiently.

Hanging wire bins from a peg board on the wall can also give the homeowner more storage space. When installing loft space or shelves, homeowners should work with a professional contractor, especially if they're

5,013 Views, 0 Comments

Your Mortgage Refinancing GuideMost new home buyers will need to secure financing in the form of a mortgage with a lender. However, the interest rate a borrower closes with, doesn't have to be the interest rate they are stuck with for the life of the loan. In most cases, a homeowner can refinance their loan.

There can be several reasons for refinancing a mortgage. One reason could be to simply reduce the amount of monthly payment. However, some may be struggling to make mortgage payments or could use extra funds to cover unexpected expenses. Those homeowners that qualify may benefit from refinancing their home mortgage, as refinancing can help borrowers get better terms on their loan or achieve specific goals.

There are important considerations for those thinking of

2,766 Views, 0 Comments

Address Liens Before Selling a HomeWhen selling a home, a homeowner may encounter a home lien. A lien serves as a legal recorded claim which is made against the property in order to collect any money owed. Not every lien makes it hard to sell a home, as most homeowners have a lien from the mortgage lender when they take out a mortgage. In such a case, this lien is only enforced if a homeowner is not able to pay back the mortgage loan. However, there are other liens that can cause potential difficulties for homeowners. Learn more about problematic home liens today.

For informational purposes only. Always consult with an attorney or certified tax expert before proceeding with any real estate transaction.

The Problem with Home Liens

Homeowners can be subjected to liens from

1,765 Views, 0 Comments

3 Floor Plans Home Buyers Should KnowRanch or multistory home? There are many questions home buyers have about the different types of floor plans when they’re planning to buy a new home, like what exactly is the difference between an open floor plan and a semi-open floor plan? A home’s floor plan can drastically change how the home feels to live in, so home buyers should know the differences between them and know which floor plans will work best for their lifestyles. Here are some of the different floor plans home buyers will find and what sets them apart from each other.

Open Floor Plans

Open floor plans have become especially popular in the past few decades, but what exactly does it mean when the floor plan is open? Homes are considered to have an open floor plan when two or

2,742 Views, 0 Comments

All About Getting Your Windows ReplacedWindow replacement is a home improvement that most homeowners only perform every few decades. If you're a current homeowner, or are thinking of selling your existing home, ando believe that you may need window replacement to increase the value of your home, here's what you need to know.

When Should You Replace Your Windows?

Typically, homeowners wait until their windows are inefficient and in disrepair before they decide to replace. Below are a few signs that window replacement is appropriate:

  • The space around the windows is drafty and uncomfortable.
  • Weatherstripping isn't helping.
  • The room becomes hot in summer or cold in winter.
  • The home is unevenly heated depending on where the sun is shining.
  • The cost to repair the
2,845 Views, 0 Comments

Selling a Home? Here's What You Need to Know About Seller Disclosure RequirementsHome selling disclosures are a necessary aspect of many real estate transactions, especially when the home is not a newly constructed home. Disclosure is essentially the seller's opportunity to share any knowledge they have concerning potential problems or defects on the property. Today, many states have set seller disclosure requirements pertaining to what sellers must put in writing before the transaction, and in some agreements the current owner must also make repairs or include a buyer ‘credit' for repairs post-purchase. So, as a seller one needs to know exactly what is required by law for this important process.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate

3,064 Views, 0 Comments

Virtual Reality and What You Need to KnowIn recent years, virtual reality has become a popular tool with marketing professionals. This exciting new technology is perfect for marketing a new home for sale. Home buyers seeking a new way to experience homes can turn to virtual reality for the unique perspective they crave.

If you're a home seller hoping to experience a whole new way of showing your home, virtual reality may be the tool for you and your real estate agent. Here's what you need to know about using virtual reality to market a home for sale.

Benefits of Virtual Reality

There are many benefits of virtual reality! Here's what you need to know if you're a homeowner trying to sell:

  • Stands out from other forms of marketing. Virtual reality is so different from other
4,204 Views, 0 Comments