Typically, a mortgage lender will include a request for least the last two to three years of your income tax returns with this documentation. There are several reasons why a lender may need to review your tax returns and why you should provide requested documentation as soon it is requested.
While you may feel as though you have taken the preliminary steps necessary to prepare yourself to buy a home, it is important that you also get a mortgage pre-approval letter for your financing before you starting hunting for that perfect house or condo.
If you pay attention to your credit rating, you may be well aware that a single late payment reflected on your credit report can result in a decline in your scores. In some cases, the decline can be rather significant, and you will have to work hard to make regular payments over a period of time to show that you remain creditworthy and to rebuild your credit score.
If you are a homeowner, you should always be thinking about ways that you can boost the resale value of your home. Whether you are planning on putting the home on the market, or simply want to be prepared for the future, there are upgrades that can make your property more desirable.
When it comes to a clean, chemical-free zone, there is probably no room more suitable than the kitchen. This video will show you how to quickly and conveniently make your own natural cleansers.
To get top dollar for your home, renovations may be necessary. However, some renovations can prove costly and they donât always add value to your home. Here are three inexpensive renovations that are sure to improve the resale value of your home.
Your home is your castle, your own little piece of the American dream. But lately, your little corner of the world has been feeling cramped and you find yourself eyeing those larger homes. Is it time to pull up stakes and move on from your starter home?
If your goal is to purchase a home, you may find that it is challenging to save up enough money for your down payment. While this is something that many first time home buyers struggle with, it is by no means insurmountable.
Renting a home is a good option for some, but buying a home just might be the best thing for you. Let’s take a look at some big advantages to buying a house that will help you get out of your renting rut and focus more on your future.
Other Recent Posts
The National Association of REALTORS® reported on Monday that February Existing Home Sales rose by a modest 1.2% from January, to an annual rate of 4.88 million units; this was lower than the 4.90 million expected. Low inventories were said the be a key factor in price growth, which rose to the fastest pace in […]
Last weekâs events included the National Association of Home Builderâs Housing Market Index, which fell to its lowest reading since last summer. Other news included reports on housing starts and building permits, the FOMC meeting statement and Fed Chair Janet Yellenâs press conference.
Rents are are on the rise across the country and the rates have grown more than the average paycheck. In the past five years, rents have gone up an average of 15%, while income growth of renters has only risen by 11%. The National Association of REALTORS® recently released a study, which evaluated income growth […]
Federal Reserve members lowered forecasts for both economic growth and inflation in their monetary policy statement that was released yesterday. The March statement opened by saying that economic growth has somewhat moderated, which differs from the previously worded statement that economic activity is expanding at a solid pace. The Fed decreased projections on Gross Domestic […]