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Here’s Why I Told My Borrower Not to Buy a House
I know it might sound surprising, but I recently advised one of my borrowers not to buy a house right away. Instead, I suggested they renew their lease and take a little more time to prepare. Here’s why. They needed to focus on improving their credit score by paying down some debt and saving up…
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Warning: I’ve Had Friends Who Didn’t Ask These Questions and Totally Got Screwed on Their Mortgage
Are you feeling nervous about talking to a lender because you’re not sure what to ask? Maybe you don’t fully trust the process. As a lender myself, I get it. That’s why I’m sharing the essential questions you need to ask when getting pre-qualified for a home. Believe me, I’ve seen friends make mistakes by…
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Renting vs. Buying: Which Makes More Sense in a High-Interest Market?
One of the most common questions I get is, “With high interest rates, should I still consider buying a home, or is renting a better option?” Let’s break it down. Rent vs. Buy: Where Is Your Money Going? Think about it this way: Would you rather pay into someone else’s retirement fund or your own?…
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Debunking the Debt Myth: How to Use Credit to Your Advantage
Okay, so this may go against most people’s idea that you don’t want to have any debt and that all debt is bad. But I think that’s a bit of a myth and I am going to tell you why: you can actually use debt to your advantage. While it’s true that mismanaging debt can…