Renting out your home has become commonplace throughout America, but it remains a long, involved process. In the past few weeks, we’ve examined preparing your home for rental and attracting ideal tenants. These steps constitute the bulk of the rental process, but drafting documents that outline rental policies is an equally critical step. Once your home is […]
Now that school is out and summer has officially arrived, quite a few parents are wondering what to do with their kids. Summer can mark a great time for family bonding, but the transition and break from routine isn’t without its difficulties. Whether you’re busy moving, recently settled into a new neighborhood, or content in […]
Because so many of our clients own, operate, or plan to own and operate rental property, we at First Option Mortgage understand how difficult renting out your home can be. Last week, we discussed preparing your home for rental. As a property owner, preparation can be an ongoing process—as can the second step: finding and […]
Renting a property is a lot of work—a full-time job for many people. We at First Option Mortgage work with many clients who own rental property, and we understand many of the difficulties and responsibilities they face. Because renting out your home requires so much work, we’re devoting three posts to provide a guide to […]
You may have gotten a brochure in the mail or read on the internet about a mortgage offering referred to as a bi-weekly mortgage. This type of mortgage will take your existing monthly mortgage payment and split it into two bi-weekly payments rather than a once monthly payment. So what is the purpose of this […]
Home prices nationally are on the rise. CoreLogic reported at 12.1% year-over-year gain in April and we have seen even steeper increases in hot markets like Phoenix, Las Vegas, Denver and many cities in California. With housing prices making gains as much as 24% in Phoenix and in the high teens in other parts of […]
Summers are hot, and whether you have central A/C or just a window unit, they’re expensive too. Energy bills tend to skyrocket in the warmer months for obvious reasons. Since they’re the price we pay to remain comfortable, most people just grin and bear it, but you don’t have to go broke to keep your […]
