Blogs

Co-Signing A Loan . . . What Can Go Wrong?

Have you been asked by someone to co-sign on their loan? Before saying yes, even if it is a close relative, you should be aware of the many potential consequences to your own financial situation which could result from the decision. Here are some facts that you should consider:

► As a co-signer, you are essentially taking the loan out yourself. You share in all the responsibilities that go along with the loan. The borrower couldn't get the loan without your "guarantee", so essentially the lender cares more about you than the other borrower. It directly affects your credit and your ability to qualify for your own loans during the period that the loan is outstanding. 

Don't Let These Pricing Myths Stall Your Home Sale

Homeowners often go into the selling process with preconceived notions about their home's value that aren't necessarily rooted in reality.

Don't List Your Home on a Sunday

With all of the preparation that goes into listing your home, the particular day of the week on which you list probably doesn't even cross your mind.

These 4 People Can Help You Prepare for Your Home Sale

When it comes time to sell their home, many homeowners have trouble looking objectively at their beloved abode.

Make Your Outdoor Space Perfect for Summer Parties

Everyone loves summer because of the opportunities it grants us to enjoy the great outdoors!

Save Money by Shopping for the Best Mortgage Rate

When shopping for a particular item, everyone is always on the lookout for the best deal, especially if it's an expensive purchase. This rule holds true for things like shoes, appliances, and cars, but many home buyers fail to shop around when it comes to the most expensive item of all: a mortgage. Freddie Mac recently analyzed just how much money buyers are losing out on over the course of their loan by failing to get multiple quotes, and the number wasn't cheap! In fact, they found that getting just one extra quote saves the average borrower over $1,400!