I’m seeing that daily—people just holding firm on their numbers, even when buyers balk. It’s not just about corporate investors. Even if they’re banne...
It’s true, a lot of lenders won’t spell things out in black and white, mostly because of compliance and liability. I’ve seen some who’ll pick up the p...
Honestly, I think the IRS guidance is a bit clearer than people give it credit for—at least on the “used for the property” part. The confusion usually...
That’s a smart way to handle it. I see a lot of people get overwhelmed trying to track every dollar, but your approach strikes a good balance. Having ...
You’re not wrong about the paperwork—by the end of a closing, I’ve seen people joke they need a hand massage. The “gotchas” in mortgage docs are real,...
That “recapture” clause gets a lot of people——and it’s rarely front and center in the paperwork. I always tell clients: if a grant or forgivable loan ...
You’re spot on about those “small” fees—sometimes I think they multiply when you’re not looking. I’ve seen folks get so focused on snagging a lower ra...
Title: Is a balloon mortgage right for short-term homeowners? I get the hesitation, but honestly, I think the “what if” factor is sometimes overstate...
It happens more often than you’d think. Underwriters are trained to flag anything that looks out of the ordinary, even if it’s just a $15 Venmo from a...
I've definitely noticed the inconsistency with customer service reps too. Had a client recently who was told explicitly by one rep that additional pay...
Boundary markers can help, sure, but honestly, a clear survey and proper documentation upfront usually does the trick. I've seen clients avoid dispute...
I get why ditching PMI feels like a big win, but honestly, it's not always worth the hassle for everyone. Sometimes the fees and appraisal costs to re...
Couldn't agree more with this point. I've seen plenty of clients run into similar issues when applying for DSCR loans. Lenders typically want to see c...
I see your point, but I'd caution against viewing equity primarily as a remodeling fund. Sure, strategic improvements can boost value, but markets flu...
Couldn't agree more with this. From my experience, the IRS is typically focused on major expenses and significant deductions, not minor day-to-day pur...