Buying a home is an exciting time in your life, especially when it’s your first home. What should you expect as part of your home buying process? We’ve broken it down into ten simple steps, so you know exactly what to expect throughout the process. Step One: Pre-approval (How Much Can I Buy?) Assuming you... Read More
With stay-at-home orders becoming more relaxed, local and state parks have started reopening, which can only mean one thing. It’s time to get outdoors! Camping is a great way to get away from large gatherings and public spaces, but it doesn’t have to be a completely primitive experience. Whether you’re an experienced pro, or this... Read More
If you haven’t already embraced the warmer weather, it’s officially time to start working on getting your yard and garden back into shape. Whether this is your first year attempting a garden, or you’re a seasoned pro, we’ve got some tips to help make this your best growing season yet. Aerate and Nourish Garden Soil What’s... Read More
Buying a home is an excellent way to build your net worth, especially if you consider purchasing a multi-unit home instead of a single-family one. Multi-unit homes offer the unique advantage of a place to live as well as a source of income. With multiple financing options available for duplexes, tri-plexes, and even four-unit homes,... Read More
Renting an apartment or house seems to be the default option for people who have not fully considered the benefits of homeownership. Renters who become complacent in a lifestyle that doesn’t require mowing the lawn or property maintenance may not realize that those pastures are not necessarily greener. Even a cursory look at the differences... Read More
Making an offer on a home is usually your chance to make a first impression on the seller. You don’t want to throw out a random number and cross your fingers. Instead, the purpose behind your offer should be a clear statement that proves you know what is fair, competitive, and likely to result in... Read More
The Section 184 Loan Guarantee Program is exclusively available for Native Americans or Alaska Natives as members of federally recognized tribes. The Housing and Community Development Act of 1992 created this program to address the lack of mortgages in Indian Country. Why is mortgage lending unavailable in Indian Country? The majority of the land in... Read More
April is National Fair Housing Month, due to the Fair Housing Act becoming law on April 11, 1968. This also ties into remembrance of the assassination of Rev. Dr. Martin Luther King Jr. The connection is a result of his contributions to the Civil Rights Movement, which included fighting for equality in housing. President Lyndon... Read More
Sometimes it seems like managing a clean credit profile is an impossible task. With the number of items that factor into a person’s credit score, how are you supposed to keep it all balanced? At PacRes, we recognize that credit profiles and scores are complicated, but we’re here to help make this topic easier to... Read More
If you’re in the market to buy a house, and you need a low down payment loan, you’ve probably heard the phrase “mortgage insurance” mentioned at some point. But what is mortgage insurance, why do you need it, when does it go away, and how do you get rid of it? What is Mortgage Insurance?... Read More