Author name: Adriana Lemus

Debt-to-income ratio (DTI) is crucial for loan eligibility. Lenders use it to assess financial health. A lower DTI (under 36%) improves loan chances and interest rates. To calculate, divide total monthly debt by gross monthly income. For first-time buyers in California, improving your debt-to-income ratio is closely tied to DTI; a better DTI can offset […]

Rising interest rates significantly impact California’s first-time homebuyers, increasing monthly mortgage payments and reducing buying power. A strong credit score and larger down payment help mitigate these effects. How mortgage rates affect first-time homebuyers in California means higher rates directly increase borrowing costs, necessitating careful budgeting and shopping for the best mortgage terms. Locking in

Moving to Tennessee? Leverage its no-income-tax policy and affordable housing. Budget meticulously, declutter to minimize moving costs, and compare moving services for the best deals. Saving on housing and living costs in Tennessee involves understanding sales tax, utilizing energy-efficient utilities, and researching neighborhoods. First-time buyers should explore down payment assistance, while investors can capitalize on

Finding affordable South Carolina homes requires understanding market trends and financial readiness. Utilize resources like SC Housing for assistance. Affordable housing programs in South Carolina offer down payment help and competitive rates. Set a budget, get pre-approved, and research neighborhoods. Investors should focus on up-and-coming areas and rental yields. Real estate professionals should educate clients

Home prices in Texas are on the rise, and homeowners are feeling the heat. You probably bought your home expecting a certain level of property taxes. But as your property value increases, so does your tax bill. And that can hit your wallet harder than expected. The big question is: How Rising Home Values Impact

Building a new home sounds amazing, right? You get to pick the layout, the finishes, the style—everything. But then you hit the financing question. “How do I actually pay for this thing?”If you’re not sure about your home construction financing options, you’re not alone. Financing a new build isn’t like getting a traditional mortgage. It’s

Choosing between Daytona Beach and Orlando depends on lifestyle and goals. Daytona Beach vs. Orlando: Where should you live? Daytona offers affordable coastal living with a relaxed vibe, ideal for retirees and seasonal rentals. Orlando provides vibrant urban life, a strong job market, and diverse neighborhoods, attracting young professionals and investors. Daytona’s median home price

In California, new construction triggers property reassessment, impacting taxes. Proposition 13 limits taxes to 1% of assessed value, plus local levies. Additions like new homes or extensions increase this value. How new construction affects property tax assessments depends on size, location, and permits. Taxes rise post-completion, varying by project scale. You can contest assessments if

New Jersey landscaping costs vary widely, influenced by property size and design complexity. Expect $3,000-$15,000 for professional work. Factors include material, labor, and seasonal considerations. For new homeowners, landscaping expenses for new homes can range significantly, with sod installation at $1-$2 per square foot and patios costing $2,000+. Budget-friendly options include DIY projects and native

One of the biggest misconceptions about VA loans is that they are harder to qualify for and are denied more often than conventional or FHA loans. This belief has led some veterans to avoid using their VA loan benefits, missing out on zero down payment options, no private mortgage insurance (PMI), and competitive interest rates.