Author Archives for Carlie Ortiz

What Does a Title Company Do?

August 7, 2019 2:12 pm Published by Comments Off on What Does a Title Company Do?

Welcome back to homebuying 101! Whether you’re a first-time homebuyer new to the process, or a seasoned buyer who just needs a refresher before buying again, you’ll be glad you took the time to learn more about the roles of a title company. Let’s start from the beginning. A title company will wear many hats throughout... Read More

Questions You Should Ask Your Mortgage Advisor

August 6, 2019 4:23 pm Published by Comments Off on Questions You Should Ask Your Mortgage Advisor

When it comes time to apply for a home loan, your Mortgage Advisor will cover the basics with you. This might include, your interest rate, the loan you qualify for, etc. However, it doesn’t hurt to know what questions you should be asking, just in case. What is my interest rate? Rates are currently lower... Read More

Should I Downsize My Home?

August 5, 2019 2:03 pm Published by Comments Off on Should I Downsize My Home?

Whether it’s one-bedroom too many or a backyard you just can’t keep up with, there are many reasons to consider downsizing your home. Even if you’re content with the current size of your living space, you might be surprised at all the ways you can benefit from resizing. In a world of “bigger is better,”... Read More

10 One-Day Home Projects

August 2, 2019 12:16 pm Published by Comments Off on 10 One-Day Home Projects

How many times have you seen a breathtaking home renovation project and thought to yourself, “I could probably do that?” Next thing you know, it’s been three months, you’re still not done with it, and you’re out a few (hundred) bucks more than you planned. Well, don’t worry. Luckily, we’ve compiled a list of our... Read More

What is a Mortgage?

August 1, 2019 2:47 pm Published by Comments Off on What is a Mortgage?

Mortgage (n.): a loan used to purchase or refinance a home. Secured by the collateral of real estate property, a mortgage obligates the borrower to pay back the loan with a predetermined set of payments. As a first-time homebuyer, you may find it the most beneficial to search for a real estate agent first. Your agent... Read More

Buying a Foreclosed Home

July 31, 2019 12:23 pm Published by Comments Off on Buying a Foreclosed Home

If you’re currently in the market for a house, you’ve probably seen listings for homes that are being foreclosed. As a buyer, you might be wondering if this is a financially smart move for you. Foreclosed homes are, on average, priced lower than other homes in the market. Some properties may even see price reductions... Read More

How to Rent Out Through Airbnb

July 29, 2019 12:44 pm Published by Comments Off on How to Rent Out Through Airbnb

Have you been dreaming of a renovation? Or maybe you just need a little extra cash to put toward your savings. Renting out your living space through Airbnb could be the way to go! Whether it’s a full house or just a spare bedroom, Airbnb is a great way to make money on the side,... Read More

Which Loan is Best For Me?

July 26, 2019 2:53 pm Published by Comments Off on Which Loan is Best For Me?

It’s not rocket science! You’re more than just a file number. At PRM, our Mortgage Advisors spend extensive time evaluating your financial situation to determine which home loan would best fit your needs. For you, an FHA loan with a low down payment requirement might be the way to go. Or maybe you need a... Read More

Affordable College Towns in the U.S.

July 25, 2019 3:14 pm Published by Comments Off on Affordable College Towns in the U.S.

Recently on the PRM blog, we talked about the benefits of purchasing a second home for college students. Although there are plenty of benefits to owning a house versus renting a dorm, such as investment opportunities and income strategies, homeowners should still take into consideration the affordability of various college towns. Have you considered the... Read More

How Soon Can You Refinance a Home

July 23, 2019 2:45 pm Published by Comments Off on How Soon Can You Refinance a Home

Mortgage refinancing is the process of paying off one loan with the proceeds from a new loan secured for the same property. Refinancing is usually done to secure better loan terms than your current loan, like a lower interest rate or a lower monthly payment. Other reasons you may want (or need) to refinance include: Your... Read More