Part of the mortgage qualification process includes what is called your debt to income ratio (DTI). This your gross monthly income divided by the lump sum total of your proposed housing payment and any other monthly obligations that show up on your credit report. This would include car payments, student loan payments (this links to our other post on these payments), and minimum payments on any revolving charge cards. These are typically a very small percentage of the ...Continue Reading →
When I celebrated my 40th birthday in 1999, I became a little restless…Mid-Life Crisis? Maybe…
…but I just viewed it as a case of “not enough adventure in my life.” Having lived across the street from a ski slope as a kid…and then attending college in the outdoors-man dream town of Boulder Colorado, I began to realize that settling down in the “burbs” of Atlanta just wasn’t feeding the outdoor adventure side of me. I spent plenty of time outdoors running, ...Continue Reading →
In this installment of Scott’s Perspective we take a trip down memory lane with an article that was written a few years ago. The message rings true even today. Read on!
It is no big secret that the mortgage process has become more challenging…But as with anything that occurs over a long period of time, the absorption of the information is so gradual that the magnitude of what you’ve experienced is not evident until you stop a minute and look at ...Continue Reading →
I recently read a fantastic book called Atomic Habits by James Clear. The subject matter centers around easy and proven ways to build good habits and break bad ones. From my experience, I’ve found that it’s easy to overestimate the importance of one defining moment and underestimate the value of making small improvements on a daily basis. Too often we convince ourselves that massive success requires massive action. Whether it is losing weight, building a business, writing a book, winning ...Continue Reading →
Buyers are Still out in Force – There is still very strong demand for housing, which means that you do not have to wait for the spring buying season to get ample interest. We are still seeing multiple offers frequently.
Less Sellers – Since most people believe they should wait and told spring to sell, there is less competition.
It is Still a Perfect Time to Move-Up – With rates moving down slightly over the last ...
You have a database that you use but deep down you know that it could be utilized to provide you with more referrals and long-term relationships. Use these tips to jump start your efforts.
1) Make a commitment to call between two and five past clients / prospects per day to reconnect on a personal level and update their contact information. If you don’t already have it, get the day / ...Continue Reading →