What Does Ability To Repay Mean?

Mortgages:

  Looking to secure a home loan in the Tampa Bay area and curious about the “Ability to Repay” rules? In a nutshell, as this video shows, new laws require lenders to make a good-faith assessment of a borrower’s capacity to pay back their loan over...

What Is The Debt-To-Income Ratio (DTI)?

Buying, Financing:, Mortgages:

  Starting the home buying process in the Tampa Bay area? One term you may hear your lender use is “DTI” or Debt-To-Income Ratio. Measuring your existing debts against your existing income is one part of a lender’s required assessment of your ability...

Should I Sell My Home?

For Sale By Owner, Selling

Are you currently living in the Tampa Bay area and wondering if you should sell your home right now? It seems like a simple question, yet ask 10 people and you will likely get 10 different answers. Within real estate markets there always seems to be so much...