When the Best Rate Isn’t the Best Deal
It can be frustrating when anxious homebuyers call to see if I can match a rate from a big bank because they think they are getting the best deal–and in a way they are, at least on paper. But there’s so much more to consider.
When a client calls me and says they heard about a super-low rate on a 15-year fixed loan, they are thinking in the short-term and it’s my job to talk to them about the ramifications of diving into a loan that could potentially cripple their financial future.
This is what separates me from the competition. I’m not afraid to talk people out of a deal that could leave them with mortgage-buyer’s remorse just weeks after they sign the contract.
I don’t believe in assembly line mortgages that get rubber-stamped just because the buyer qualifies for it. Those companies pay little attention to how your long-term financial well-being is addressed.
I believe strongly in the analysis of each homebuyer’s unique situation and then acting as a sounding board for them to find the right programs and consultants to help them make the smartest decision possible. For example, they may need to meet with a CPA or Financial Advisor first.
Walk into a big bank and the starting point is typically, “What can you afford?” They’re starting with their endgame in mind, telling you about the great rate but not necessarily caring if the payment is too high or if they’ve chosen the right program for you.
Buying a home takes time, care and analysis on my part to help you find the best path to secure and pay off your mortgage. Call me at 617-965-1236 to discuss how I can help.
Ready to buy a new home or refinance the one you own? Please get in touch and I’ll be happy to answer your questions and help guide you through the process. I look forward to speaking with you.
Happy 4/20!
That’s the numerical code for marijuana’s high holiday, and millions will be lighting up this afternoon to pay tribute to their favorite weed — for medicinal purposes, of course!
So where did 4/20 (or 4:20) come from? Back in 1971, five high school seniors from San Francisco took a break to take a toke and the code 4:20 soon caught on and “went viral” in the days before things went viral.
My husband, Dr. Kevin Hill, published a book on marijuana and is an expert in his field on the subject. Find out more about it here.
April’s Home Improver: Caulk vs. Grout: What’s the Difference?
There are several choices you must make in life: Democrat or Republican? Cat or Dog? Red Sox or Yankees? But no question confounds the average homeowner more than grout vs. caulk.
You didn’t think they were the same, did you? No worries. It’s a common mistake. While they may look similar, each has a specific function for your tile.
Grout is a kind of cement, and because of its porous properties, water can filter through it. It’s perfect for holding your tiles in place. Unfortunately, it’s less effective at the “joints” where the walls come together and where the walls meet the floor.
Movement happens in all houses. They settle or shift on the foundation. This is what causes those cracks in the grout. Using caulk in these areas is the better solution.
You may have noticed mold and mildew between the tiles and joints. It’s best to scrape it out and start fresh, eliminating grout and using only caulk.
Caulk is flexible and can help absorb movement so it’s the better choice for wall or floor joints. It won’t crack and will keep your tiles work looking newer for a longer period. Remember to apply it smoothly and accurately to avoid uneven lines and drips.