What are Debt ratios?
So you want to know what are debt ratios? It is a formula that the bank uses to loan money. The bank uses two debt ratios. A “front end” and a “back end” debt ratio. The bank is looking for what they …
Category: First time home buyers
Commerce Twp home buying tips – what to do first
One of the first things you should be doing when buying a Commerce Twp home is go see a lender or mortgage loan officer. Have them pull your credit. Have them look at your debts. Talk about your assets. Show them …
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Lazy -rent forever
If you are a lazy person and never want to do anything around the house – rent forever. Do not want to pay the money for a repairman, painter, or electrician – rent forever. Yes I heard a person say it was stupid …
What not to do when buying a Metro Detroit home
2 major mistakes you can make when buying a Metro Detroit home are: 1) Quit your job. Do not quit your job during the time you put in an offer and before you close. After you close on the house you …
What you learn
Boy, I am doing some research on sex offender’s list for a client and just learned this little tidbit. Sexting by our teenagers and young kids can land them on the sex offenders list. Let’s say your son or …