• Are you having a baby? Here’s a handy, downloadable PDF with a list of 50 essential items you’ll need for your new baby. Whether you’re sorting through your baby shower gifts or drafting your shopping list, these tips may help you figure out what you need most.

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  • Although vacationing during the cold winter months is exciting, it’s important to take care of all the mundane details before leaving your home for a significant amount of time. Nobody wants to worry about the safety of their home while vacationing, and you won’t have to if you take these steps.

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  • Characterized by bright colors, woven fabrics and handcrafted pieces, southwestern-style decorating takes influences from Native American, Spanish and Mexican art. Whether you live out west and want your home to reflect your surroundings, or you simply want to incorporate colorful or handmade items into your existing decor, here are some tips to help you...

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Credit Report Changes During the Mortgage Loan Process

Credit Report Changes During the Mortgage Loan Process

Credit Report Changes Could Affect Your Mortgage Loan Application   If you are in the process of buying a home, you probably have received a checklist of things you need to do or information you need to provide to your lender in order to move forward with your loan application. One step of the mortgage process is determining the client’s credit worthiness. Even if your mortgage lender has already checked your credit and accepted your application, any change in your credit score could hurt your loan eligibility and your chances of getting a loan. Events that could affect your credit score   Credit scores change constantly. Events that may influence your credit are: Late or missing payments Changing jobs Moving Applying for a credit card Applying for a loan Requesting a credit increase on a credit card Having high credit card balances Closing a credit card Mistakes on your credit report There is no exact science as to how credit bureaus calculate scores. However, it is wise to play it safe and avoid making any change to your financial status in order to avoid putting your loan eligibility in jeopardy. If you ever have a question regarding any change that could affect your credit score and mortgage qualification, check with your mortgage banker first to help you avoid headaches in the future.

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HOA Fees: What Do They Cover?

HOA Fees: What Do They Cover?

Consider HOA Fees When Purchasing a Home Purchasing a home requires you to make many decisions. Aside from which home to choose, you’ll have to consider the type of home, location and size as well. If you choose a condo vs. a single-family home, you will have to take HOA (Homeowner Association) fees into account as you plan your budget. Owning a condo has its advantages and disadvantages. For instance, condos give you the opportunity to enjoy your home without having to worry about mowing the lawn or snow removal, for example. However, these services are not free. HOA fees are the source of funds that are used to pay for these amenities. What Do HOA Fees Cover? Each association has different policies. This is why it’s wise to ask the seller for a list of the HOA rules and regulations. If the seller doesn’t have one available, you can ask for the name of the property management company who oversees the community in order to get more details. In general, these are some of the costs that can be covered by HOA fees: City Services- Including services such as trash removal, water and sewage. Insurance- This only includes insurance for damage of the outside of the building and the property around it. You still need an individual insurance policy to cover everything inside of the condo. Lawn Care- This includes snow removal, gardening and general lawn maintenance. Pest Control- Most HOAs schedule a monthly inspection from a pest control…

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