Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho August 3, 2017

With Mortgage Rates This Low, Should You Dive In? 3 Reasons Why Now Might Be the Time

Whether you've just finished school or are about to start a family, investing in a home can be one of the biggest financial decisions of your life. But as you'll soon discover, there are a number of considerations you'll need to make. It can be difficult to know whether to get a short-term or long-term mortgage, or how long of an amortization period you'll need. Read on below for three questions that will help you to make your decision, as now is the best time to dive into the market. Do You … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage

Bob Ramalho July 26, 2017

Forget About the Bank of Mom and Dad — Here’s How You Can Save Your Own Down Payment

Are you considering buying a home for the first time? For some, it can seem nearly impossible to come up with the funds for the down payment. Fortunately, there are a few ways that you can save a little over time and not have to borrow from the "Bank of Mom and Dad". If you're looking to invest in a home in the short-term and are looking for solutions to save up, here are some tips on how to get to your down payment amount more quickly. Create A Budget Most people don't like the idea of a … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Down Payments, Home Mortgage Tips, Mortgage

Bob Ramalho July 11, 2017

Can I Qualify for a Mortgage After Declaring Bankruptcy? Yes — and Here’s How

It may feel like a daunting task to consider buying a home after you've declared bankruptcy, and there's no doubt that it's an uphill battle. Fortunately, while you'll have hard work ahead, there are things you can do in order to make your dream of home ownership a possibility. Whether you've just declared bankruptcy or some time has passed, here are some things you should consider before getting into the market. Wait It Out It might not be what you want to hear, but you'll have to wait before … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Applications

Bob Ramalho June 21, 2017

The 10-year Mortgage: Why a Shorter Amortization Period Can Be Your Best Option

From 'down payment' to 'adjustable rate' to 'debt-to-income' ratio, there are so many terms involved in the mortgage process that it can be hard to learn them all and keep them straight. However, whether or not you've heard it, the term 'amortization period' might be one of the most important ones associated with your financial well-being. If you're currently considering the period of loan you should choose, here are some things to think about before taking on a term. What Is Amortization? Used … [Read more...]

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgage Amortization

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