Paying High Rent, But Not Mortgage-Qualified? 3 Paths to Homeownership
Topics: Rent to Own, Buying a Home
You long for the day of being able to own your home. Whether it's a big backyard or just the peace of mind and not having to deal with a landlord, one obstacles you might face is saving for a down payment for your mortgage or the up-front cash needed to buy a rent to own home in Milwaukee. With a bit of help and hard work, you'll be able to build the savings you need to get into that home.
I previously discussed determining the amount of money you will need to get into a home. But you may be wondering how you can build up enough savings to meet these requirements if you simply don't have the funds right now. Here are 5 great tips...
Read MoreTopics: Buying a Home, Homebuyer Education
How Much Upfront Cash Do You need TO BUY A Home?
I've discussed the 5 things you should consider when preparing to buy a home in the past. But you may also be wondering how much cash you need available for your home purchase. How much cash you will need up-front primarily depends on these three factors...
Read MoreTopics: Rent to Own, Buying a Home, Homebuyer Education
Credit Score Bootcamp Part Three: Fix Your Credit By Mastering Your Payment History
Last week, we dug into how to fix your credit score. This week we'll take a dive into payment history continuing to find ways to repair your credit. The best way, in my opinion, to make your credit score go up is by focusing on your payment history. Payment history represents 35% of your score and its the biggest factor of the credit score.
Read MoreTopics: Credit, Buying a Home, Homebuyer Education
Credit Score Bootcamp part one: Learn How To Overcome Credit Obstacles to Get a Mortgage
Learning the anatomy of a credit score is extremely important for anyone out there who is looking to obtain financing. During the next couple weeks, I will take you through the Pathways to Financial Empowerment Bootcamp to teach you various credit repair Milwaukee topics such as:
Read MoreTopics: Credit, Buying a Home, Homebuyer Education
How to Compare Rent to Own Homes in Milwaukee? Part 2
Until you and your family are able to qualify for a home, you are likely paying far more in rent than it may cost to be a homeowner.
The high costs of rent, lead many to consider rent-to-own to help build stability and save your family on housing costs long-term. But once you're interested in rent-to-own in Milwaukee, how do you compare different opportunities? We pick up where we left off in Part Two of this series on camparing different rent-to-own homes in Milwaukee...
Read MoreTopics: Rent to Own, Buying a Home, Homebuyer Education
How Do You Compare Rent to Own Homes in Milwaukee? Part 1
The process of buying a home can seem nearly impossible if you can't get a loan right away. But until you and your family are able to qualify for a home, you are likely paying far more in rent than it costs to be own and maintain a home.
The high costs of renting, lead some to consider rent-to-own homes to help build stability and save on your family's housing costs long-term. But once you're interested in rent-to-own in Milwaukee, how do you compare different opportunities? With many rent to own homes in Milwaukee, consider these 4 key questions..
Read MoreTopics: Rent to Own, Buying a Home, Homebuyer Education
Preparing For First-time Homeownership in Milwaukee? Consider these 5 Things...
First-time homeownership in Milwaukee is exciting. You may have many plans and dreams. This is a big financial responsibility, and you want to ensure you make the right decisions. Before you start looking for a home, take a step back and be sure you have thought through the process. Consider a few key things you may want to do first, before you set out to buy...
Read MoreTopics: Credit, Buying a Home, Homebuyer Education
As a parent, you want what is best for your children and your family. You work hard to give your kids everything they need, even if it means sacrificing your own time, comfort and social life. You should be able to earn a place in Milwaukee to call your own. But why own? and why own in Milwaukee?
Read MoreTopics: Buying a Home, Homebuyer Education
Mortgage denied? Luckily in Milwaukee you have a great Rent to Own alternative
Buying a house may not be simple as it seems. There are a number of criteria to meet, and any little thing can hurt your progress. It can be hard when you hear the words, "mortgage denied" but there is hope! If you were denied a mortgage loan, the first thing you need to do is find out why. A no from a bank could mean you brought the wrong documents or that you only need to do 1 or 2 things to get to a yes. There could also be a number of more serious items that are standing in the way of homeownership and need to be addressed as part of your Buying Plan, including:
Read MoreTopics: Rent to Own, Buying a Home, Homebuyer Education