Ask Sue!

Question:

Just because I qualify for a certain amount of money for a loan, should I really go that high?

Answer:

Absolutely not.  It is very important that you consider all aspects of owning a home, i.e. utilities, maintenance, etc, and also any other living expenses you may have.  These are factors your Lender does not consider for you when approving you for a loan.  But they are real costs that will affect your monthly budget.  Be sure to budget a comfortable payment well within your means, instead of the maximum you are qualified for.

If you have a mortgage question, ask away!  Either:

1. E-mail asksue@pcMortgageAdvisor.com
   
   ~ OR ~
   
2. Leave a comment here on the blog below
   -- If you include your e-mail address we will respond to you directly.

Check back next Friday for more mortgage answers!

Your personal mortgage advisor for life!

Ask Sue!

Friday is here, so here is our featured mortgage question answered:

Question:

Do I really need a real estate agent to help me purchase a new home?

Answer:

While working with a Realtor is NOT a requirement, it is many times in your best interest to work with a licensed Realtor.  Keep in mind that in most cases, the Seller is paying the Realtor fee.  You, as the buyer, are not.  The Realtor knows how to negotiate in your best interest without bringing emotions into the transaction.

If you have a mortgage question, ask away!  Either:

1. E-mail asksue@pcMortgageAdvisor.com
   
   ~ OR ~
2. Leave a comment here on the blog below
   -- If you include your e-mail address we will respond to you directly.

Check back next Friday for more mortgage answers!

Your personal mortgage advisor for life!

Have a Mortgage Question? Ask Sue!

Do you have questions regarding mortgages?

We would love to answer them!

Send us your questions and see them featured here with our answers every Friday.  We will also be contacting you personally by email with our answer to your question.

To ask your questions, either:

1. Email asksue@pcMortgageAdvisor.com
   -- Write "Mortgage Question" in the subject line.
   
   
   ~ OR ~
   
   
2. Leave a comment right here on the blog
   -- Make sure to include your email address so we can respond to your question directly as well.

And you can always give us a call at our office to discuss your mortgage needs!

Question:  

What does it REALLY cost to buy (own) a home?  

Answer:  

In addition to the monthly mortgage payment of principal, interest, property taxes homeowners insurance and mortgage insurance (if applicable), owning a home has other expenses.  Here is a list of expenses to consider when owning a home.  Keep in mind that this list is NOT all-inclusive.

1. Homeowner Association Dues
2. Utilities (electric, gas, water)
3. Internet and Cable TV
4. Telephone
5. Garbage and Pest Control
6. Maintenance 

For more information on buying a home, please give us a call or send us an email!