2379 Rivers Edge Dr, Willoughby Hills
5816 Andrews Rd, Mentor-on-the-Lake
My goal is to share my knowledge of the real estate industry as well as available properties. I am happy to answer any questions you may have.
Feel free to call or text me at 440-346-2031.
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Monday, August 31, 2020
Friday, August 28, 2020
Open Houses!
Open Houses for August 30, 2020
7940 Forest Valley Ln, Concord
Open 12-2pm
$389,900
4bd 4ba
Call 440-289-8213
963 Tioga Trail, Willoughby
Open 2:30-4:30pm
$160,000
3bd 2ba
Call 440-289-8213
2856 Camelot Ct, Willoughby Hills
Open 12-2pm
$349,900
3bd 3ba
Call 440-537-6671
11130 River Rd, Chardon
BY APPT
$999,999
4bd 4ba
Call 440-296-5006
4651 Spinnaker Ct, Mentor
BY APPT
$275,000 NEW PRICE!
4bd 3ba
Call 440-296-5006
8375 Deacon Ave NW, North Canton
BY APPT
$350,000
2bd 2ba
Call 440-296-5006
59 W High St, Painesville
BY APPT
$238,000
5bd 4ba
Call 440-296-5006
19 S Saint Clair St, Painesville
BY APPT
$599,999
Call 440-296-5006
1626 Caddy Ln, Painesville Township
BY APPT
$102,000
3bd 2ba
Call 440-296-5006
4600 Anderson, South Euclid
BY APPT
$300,000
3bd 2ba
Call 440-296-5006
V/L Margaret Walsh Ct, Willoughby
BY APPT
$379,900
3bd 3ba
Call 440-296-5006
318 E 286th St, Willowick
BY APPT
$140,000
3bd 3ba
Call 440-296-5006
Thursday, August 27, 2020
Minimum Credit Score to Buy a House
A mortgage lender looks at several factors when deciding whether to approve a loan application. A lending institution wants to know that a borrower has both the ability and the will to repay debts. If you have a high income and a low credit score, a lender may have reservations about approving your mortgage application.
How a Lender Looks at Income and Credit Score
A lender adds up the costs of housing, car payments, student and other loans, and credit card payments and divides the total by an applicant’s gross monthly income to arrive at a percentage known as the debt-to-income ratio. Some lenders require a low debt-to-income ratio, while others are much less stringent.
A credit score reflects a person’s payment history and use of credit. Someone may have a high income, but that doesn’t mean much if the individual spends money frivolously instead of paying bills. A low credit score is a red flag that can cause a lender to think that a loan applicant doesn’t know how to handle money responsibly. A person with a low credit score is more likely to make payments late or miss them altogether than someone with a higher credit score.
How to Qualify for a Mortgage With a High Income and Bad Credit
Credit reports sometimes contain errors because information was reported incorrectly, wasn’t reported at all, or got mixed up with someone else’s information. You’re entitled to receive a free copy of your credit report from each of the three major credit bureaus once a year. Check your reports for errors that could be lowering your scores. If something doesn’t look right, dispute it so the mistake can be corrected.
You can also hold off on buying a house and take some time to pay down debt and boost your credit score before you apply for a mortgage. That’ll help you get a better interest rate and avoid paying tens of thousands of dollars in additional interest over the life of your mortgage.
If you want to buy a house soon but are concerned about your low credit score, you can apply for a mortgage through a lender that is forgiving. The Federal Housing Administration, U.S. Department of Veterans Affairs, and U.S. Department of Agriculture offer loans to borrowers with low credit scores. If you have bad credit, you should expect to pay a higher interest rate than someone with a better credit score. Making a large down payment could reduce the loan-to-value ratio and make the loan less risky for the lender, which might help lower your interest rate.
Explore Your Options
Lenders will look at your entire financial picture when deciding whether to approve your mortgage application. A combination of a high income and a low credit score may be a red flag. Work on improving your credit, explore options for borrowers with poor credit, or save as much as possible for a down payment to improve your chance of being approved for a home loan.
Wednesday, August 26, 2020
Tuesday, August 25, 2020
Monday, August 24, 2020
Friday, August 21, 2020
Open Houses!
Open Houses for August 23, 2020
7940 Forest Valley Ln, Concord
Open 12-3:30pm
$389,900
4bd 4ba
Call 440-231-6482
963 Tioga Trail, Willoughby
Open 12:30-2:30pm
$160,000
3bd 2ba
Call 440-813-5762
11130 River Rd, Chardon
BY APPT
$999,999
4bd 4ba
Call 440-296-5006
6758 Bayside Dr, Madison
BY APPT
$171,900
4bd 3ba
Call 440-296-5006
4651 Spinnaker Ct, Mentor
BY APPT
$279,900
4bd 3ba
Call 440-296-5006
8375 Deacon Ave NW, North Canton
BY APPT
$350,000
2bd 2ba
Call 440-296-5006
59 W High St, Painesville
BY APPT
$238,000
5bd 4ba
Call 440-296-5006
19 S Saint Clair St, Painesville
BY APPT
$599,999
Call 440-296-5006
1626 Caddy Ln, Painesville Township
BY APPT
$102,000
3bd 2ba
Call 440-296-5006
4600 Anderson, South Euclid
BY APPT
$300,000
3bd 2ba
Call 440-296-5006
V/L Margaret Walsh Ct, Willoughby
BY APPT
$379,900
3bd 3ba
Call 440-296-5006
318 E 286th St, Willowick
BY APPT
$140,000 NEW PRICE!
3bd 3ba
Call 440-296-5006
Thursday, August 20, 2020
Wednesday, August 19, 2020
Tuesday, August 18, 2020
Monday, August 17, 2020
Friday, August 14, 2020
Open Houses!
Open Houses for August 16, 2020
11130 River Rd, Chardon
Open 12-2pm
$999,999
4bd 4ba
Call 440-413-0588
7940 Forest Valley Ln, Concord
Open 12-4pm
$389,900
4bd 4ba
Call 440-289-8213
318 E 286th St, Willowick
Open 12-3pm
$150,000
3bd 3ba
Call 440-221-0075
3375 E 93rd St, Cleveland
BY APPT
$119,900
Call 440-296-5006
6752 Bayside Dr, Madison
BY APPT
$182,500
4bd 3ba
Call 440-296-5006
V/L Chapel Rd, Madison
BY APPT
$475,000
Call 440-296-5006
4651 Spinnaker Ct, Mentor
BY APPT
$279,900
4bd 3ba
Call 440-296-5006
8375 Deacon Ave NW, North Canton
BY APPT
$350,000 NEW PRICE!
2bd 2ba
Call 440-296-5006
59 W High St, Painesville
BY APPT
$238,000
5bd 4ba
Call 440-296-5006
19 S Saint Clair St, Painesville
BY APPT
$599,999
Call 440-296-5006
4600 Anderson, South Euclid
BY APPT
$300,000
3bd 2ba
Call 440-296-5006
V/L Margaret Walsh Ct, Willoughby
BY APPT
$379,900
3bd 3ba
Call 440-296-5006
Thursday, August 13, 2020
Process of Buying a House
Becoming a homeowner is part of the American Dream. However, buying a house takes a lot of consideration and planning, which can feel overwhelming for many first-time buyers.
According to American Consumer Credit Counseling (ACCC), knowing what needs to be done in advance will make the home-buying process less stressful in the long run. If you have saved for a down payment and are looking to buy your first home, consider the following tips from ACCC:
Set a budget. Calculate all expenses to figure out an affordable monthly payment plan. Don’t forget to include the down payment, property taxes (which can vary widely from community to community), additional insurance that may be required (such as flood insurance), and closing costs in this budget.
Check credit. A consumer’s credit score is one of the most important factors when qualifying for a loan to buy a house. Be sure to take steps to improve your score and check your credit report for any errors so they can be fixed before applying for a loan. If there’s a bad history in your credit report, be prepared to explain it to the lender.
Compare mortgage options. Do your research. Different mortgages offer pros and cons, such as lower interest rates or a smaller down payment. Look for the mortgages with the lowest interest rates and the best money-saving options.
Weigh the pros and cons of new versus older homes. Although new homes may have a larger ticket price upfront, many come with appliance and structure warranties that could save you money in the future should anything become faulty.
Consider all expenses. The cost of purchasing a home is usually the largest, but not nearly the only expense consumers will face. Make sure to budget for additional costs such as moving expenses and maintenance. Also, ask all necessary questions about the home’s average utility costs to prevent any surprises down the road. Pay attention during the home inspection so that you know if there are any major–and potentially costly–issues that need to be addressed. If you don’t have one already, be sure to set up an emergency fund in case of any unexpected occurrences, such as a broken washing machine.
Of course, there are many other factors to consider before buying a home, such as setting priorities regarding location, space, and amenities. A real estate agent can help guide you through the entire home-buying process.
Wednesday, August 12, 2020
Tuesday, August 11, 2020
Monday, August 10, 2020
Friday, August 7, 2020
Open Houses!
Open Houses for August 9, 2020
11145 Clark Rd, Chardon
Open 2-4pm
$175,000 NEW PRICE!
2bd 1ba
Call 440-339-3626
13122 Ravenna Rd, Chardon
Open 12-3:30pm
$250,000 NEW PRICE!
4bd 2ba
Call 440-813-5762
7940 Forest Valley Ln, Concord
Open 12-4pm
$389,900
4bd 4ba
Call 440-289-8213
6408 Timeless Ln, Madison
Open 2:30-4:30pm
$75,000
3bd 2ba
Call 440-289-8213
8695 Rosebud Drive, Mentor
Open 11-2pm
$185,000
3bd 2ba
Call 440-487-0368
11130 River Rd, Chardon
BY APPT
$999,999
4bd 4ba
Call 440-296-5006
6752 Bayside Dr, Madison
BY APPT
$182,500
4bd 3ba
Call 440-296-5006
V/L Chapel Rd, Madison
BY APPT
$475,000
Call 440-296-5006
19 S Saint Clair St, Painesville
BY APPT
$599,999
Call 440-296-5006
4600 Anderson, South Euclid
BY APPT
$300,000
3bd 2ba
Call 440-296-5006
V/L Margaret Walsh Ct, Willoughby
BY APPT
$379,900
3bd 3ba
Call 440-296-5006
28727 Uxbridge Dr, Willowick
BY APPT
$239,900
3bd 3ba
Call 440-296-5006
Thursday, August 6, 2020
Wednesday, August 5, 2020
Tuesday, August 4, 2020
Monday, August 3, 2020
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