At some point in your life, you’ll probably have a real estate appraisal done and as common as they are, there are misconceptions about them, why they are needed, and how they reflect the value of your home.
8 Jul
29 Mar
HOW TO FIX BAD CREDIT!
DID YOU KNOW that most people don’t like talking about their credit scores?!?
Did you also know that even if yours isn’t great, there’s ways to get your credit score back on track!
When I say “fix” it kind of implies that it’ll be a fast process, sorry for the bad news, but it’ll take some time, months, and maybe even years, maybe a better word would be “re-build”.
28 Mar
WHEN IS A PRE-APPROVAL NOT A PRE-APPROVAL!
DID YOU KNOW there’s a bit of a misconception that once you’re “pre-approved” that you’re good to go! All pre-approvals aren’t created equal and if you’re going to depend on one, you really should understand their limitations.
![LENDERS AND SOCIAL MEDIA [BEYOND CREDIT SCORES]](https://www.rescommortgage.com/wp-content/uploads/2016/03/PENDING-LOAN-APPLICATION-845x400.jpg)
24 Mar
LENDERS AND SOCIAL MEDIA [BEYOND CREDIT SCORES]
DID YOU KNOW that more and more lenders are looking at Facebook, LinkedIn, Twitter, and other social media data to try and determine a borrower’s “creditworthiness”? Now you have a new reason to be careful when posting on social media; with that being said, this is a trend that is raising concerns with consumer groups/regulators etc.
12 Feb
CONVERTING YOUR BASEMENT INTO A RENTAL SUITE
Most basements are primarily used for storage and if you’ve ever considered turning yours into a rental suite, you should know that it does take a lot of planning and a whole bunch of work, probably way more than you’d think!