first option lending | First Option Mortgage, LLC - Part 5

Thinking about Refinancing? What You Should Know About Changes in HARP

May 22, 2014

Now in its fifth year, HARP, the Home Affordable Refinance Program, continues to evolve to give more American homeowners the opportunity to refinance. We’ve written in the past about the expected changes in HARP 3.0, but the current program has details and stipulations not everyone knows. If you’re thinking about refinancing, HARP may be the right […]

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10 Things You Never Knew about Phoenix

May 13, 2014

Even people who’ve never visited Phoenix, Arizona have an idea of what to expect from the city: desert climate, suburban sprawl, brown landscape and architecture. Accurate or not, these images don’t represent the city fully. Arizona is a beautifully diverse state, and its capital is no exception. Whether you’re moving to the city or have […]

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Second Mortgage vs. Home Equity Line of Credit

April 09, 2014

With the turnaround in the housing market and equity on the rise for many homeowners, the opportunity to tap into equity to pay down other expenses, invest in home renovations, or diversify investment portfolios has become increasingly popular. While there are several ways to access the equity in your home, two of the more common […]

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2014 Gardening Trends

March 24, 2014

Gardening keeps growing in America, regardless of what region, state, or city you live in. More and more homeowners are turning to their yards or stoops to raise food and flowers from seeds, enriching their diets, and giving them the excuse to spend time outdoors. If you decided to take up gardening this year, or […]

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5 Ways to Prepare Your Home for a New Baby

March 12, 2014 Preparing for a new baby

There are a few truly life altering events that occur in people’s lifetimes, but if you had to pick just one that has the largest and longest-lasting effect, it would certainly be raising a child. Nothing can truly prepare you for this responsibility, but there are some necessary steps you will need to take in […]

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2014: The Year of the Move-Up Buyer

March 07, 2014

Steadily rising home prices in 2013 helped 3.9 million borrowers rebuild enough equity in their homes to get them back in positive territory on their mortgages this year. According to CoreLogic, home values improved 12% between Jan 2013 and Jan 2014, and in some markets like Las Vegas, parts of California, Phoenix, and Salt Lake, […]

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How to Purchase an REO Property

March 05, 2014

When you see a property that is a Real Estate-Owned (REO) foreclosure, it means that the lender has repossessed the home from the borrower who failed to make payments. This type of property became increasingly popular during the economic downturn, and bank owned properties continue to be a viable option for people looking to purchase, […]

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