Selling your house can be a difficult process with lots of moving parts from finding a buyer to staging your home and also finding another property. However, there’s one key detail that’s often overlooked, when do you stop paying the mortgage? When selling your house you stop paying the mortgage after the final day of … Read more
Whether you’re looking to buy your first home or move into your dream house, knowing how to manifest a house can ensure you’re on the right track and aiming toward something you truly want. So, how do you manifest your dream home? You can manifest a house using the law of attraction to find your … Read more
When buying your home, the last thing on your mind will have been the possibility it could end in foreclosure. However, the number of foreclosures in recent years has been increasing and with interest rates rising that trend is likely to continue. This is why it’s worth understanding the foreclosure process and when it is … Read more
Coordinating selling your current property and buying a new property can be very stressful and confusing. It can be a juggling act trying to work out the best time to sell your property as well as finding and making an offer on a new one, also being part of the dreaded property chain. So, can … Read more
Buying a new property is well known as being one of the most stressful things you can do and for good reason. With lots of processes, hurdles and unanswered questions, it can be an uphill battle including knowing whether you can get a mortgage in principle before selling your house. Yes, you can get a … Read more
Can you add furniture to your mortgage is a common question when buying a property, as the price of furniture can add up to quite a significant sum when renovating an entire house or buying a new property. No, you cannot add furniture to your mortgage as the mortgage is based on the price of … Read more
Even though the risk of your house being destroyed can be minimal, knowing what will happen can be essential to help you plan for the worst, especially understanding what will happen to possibly your largest expense, the mortgage. Nothing happens to your mortgage if your house is destroyed and you need to keep paying, even … Read more
Lying on your mortgage application may seem like a good idea at the time. Hiding key pieces of information, embellishing the truth or just straight up lying in order for a mortgage lender to approve your application that they may otherwise have denied can be classed as mortgage fraud. The penalty for lying on a … Read more
Making sure you have enough money in your bank account for your mortgage payment can be difficult enough without the worry about when that payment will even be taken. No, mortgage payments do not come out on weekends or bank holidays, payments are only sent on working days. This means if you have a payment … Read more
Unfortunately, recessions are part of the economic cycle so are inevitable. However, knowing what happens to mortgage rates in a recession and whether they go up or down can make sure you can properly prepare. In a recession mortgage rates typically go down as governments try to stimulate the economy by reducing interest rates. This … Read more