Better Homeowners Finding the Best Mortgage As rates are inching up but still very affordable, buyers should remember that there is an alternative to a fixed rate mortgage that can provide the lowest cost of housing for the homeowners who understand the parameters. A $300,000 fixed-rate mortgage at 4% has a principal and interest payment […]
Author: Lee Riley
Cut Mortgage Insurance
Better Homeowners Cut Mortgage Insurance Making additional payments toward the principal of your mortgage will do three things for the homeowner: save interest, build equity and shorten the term on fixed rate mortgages. These things should be beneficial enough to justify the extra payments but another huge advantage is available to those who have private […]
Lower the Rate & Deduct the Interest
Better Homeowners Lower the Rate & Deduct the Interest A home can easily be a person’s largest personal asset and it can be a powerful tool to increase financial stability also. Since most mortgages are amortizing, the loan becomes a forced savings account that reduces the unpaid balance with each payment. The equity could be […]
September 2015 Pagosa Springs Real Estate Newsletter
Now that we’re past Labor Day, summer is coming to a close. School started on Tuesday. Bow hunters are out wandering around in the woods looking for deer and elk. The Four Corners Folk Festival happened over the weekend up on top of Reservoir Hill. We had a lot of soggy campers praying for sunshine! […]
Things That Kill Your Credit
Better Homeowners Things That Kill Your Credit Some people take their credit for granted and don’t start paying attention to it until they need it. The problem with this is that it could delay if not altogether cause the loan to be denied. The most common issue is not correcting items on your credit report. […]
Have a safe and happy Labor Day weekend
Labor Day is the first Monday in September Founded in 1882. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country. Lee Riley Jann C. Pitcher Real Estate 2261 Eagle DrivePagosa Springs, CO 81147 (970) 731-4065 [email protected] www.ISellPagosa.com
Have a safe and happy Labor Day weekend
Labor Day is the first Monday in September Founded in 1882. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country. Lee Riley Jann C. Pitcher Real Estate 2261 Eagle DrivePagosa Springs, CO 81147 (970) 731-4065 [email protected] www.ISellPagosa.com
Checking for Water Leaks
Better Homeowners Checking for Water Leaks An unexpected, larger-than-normal water bill could lead a person to think that they might have a leak. Before incurring the cost of a plumber, it is fairly easy to run your own test. Locate your water meter. They’re usually in the front of the house, near the street. In […]
More Home for a Lower Cost of Housing
Better Homeowners More Home for a Lower Cost of Housing What if you could live in a larger and possibly newer home for less than you are currently? Would you consider moving? Do you want to hear more? Interest rates, while they’re expected to go up, actually took a small dip and are still hovering […]
Get Ready for College
Better Homeowners Get Ready for College One of the important things as a parent is to plan for their children’s education. Let’s look at two different approaches: a savings account or investing in rental real estate. Assuming your child is five years old and you start putting $250 a month in a savings account earning […]