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Real Estate Blog

Why does your credit matter?
Your credit affects your ability to secure loans as well rates you receive on loans and even insurance. Some jobs also require good credit. Credit score is determined by 3 different scoring companies: Equifax, Experian, and TransUnion.  Scores can range from 300-850.

How do you fix bad credit?
Your credit is determined by multiple factors that take into account debt balances, revolving credit lines, payment history, number of credit inquiries, and past collections. If a person would like to improve their credit score it happens by a combination of resolving issues that lower your credit score along with building a positive payment history. For consumers seeking a mortgage 620 is the magic number where the consumer has

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 Well, tax season is upon us.

You probably already know that owning a home comes with some sweet tax benefits, like the mortgage-interest and property-tax deductions. But did you know there’s a whole list of other homeowner-related tax breaks that you might be leaving on the table?

We’re not talking chump change, either. Homeowners already save an average of $3,000 a year in taxes from mortgage-interest and property-tax deductions, according to the National Association of Realtors. When you add in some of the lesser-known homeowner tax breaks, you could really be amping up the savings—and beating the IRS at its own game.

Back in December, Congress passed the Protecting Americans From Tax Hikes Act of 2015, which extended many exemptions that were

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1. Picking The Wrong Builder  Each builder has their own, yet similar, way to build a home. There are production, semi-custom, and custom builders. Quality of the home will vary from builder to builder. Are you looking for a Honda, a Mercedes, or a Lamborghini?

Production builders don’t have a flexible system. You pick and plan to which they usually don’t allow changes, you select from a few color choices and options, and they build it. Think of a production builder as a Chevrolet or Honda-not flashy, not top of the line, but you get a low price.

Next on the list are semi-custom builders. They have a floor plan they use as a guide but allow changes and some have the option to build a full custom home as well. Those changes could be small such as

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I had a very interesting conversation with a builder at Synergy Homes on how to build a better home. I was very impressed by what I learned and the quality of the home they build. Growing up I always thought a stick built home was the way to go. So a few quick points of reference here: stick built is what most people refer to as a single family dwelling, manufactured or mobile homes are double and single wides, and modular homes are built offsite and then brought to home site.

"Stick Built" homes are built using a truss system and can either be engineered or "stick built" on site. A truss is a component of the structural framing within a home either used for the roof framing, the floor framing, or both.  My old school thought process, having heard it

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What Exactly Is a HERS Rating?

HERS stands for Home Energy Rating System. A home can be rated on energy efficiency using the HERS system. It’s like golf, the lower the score the better.A typical 50 year old home has a HERS score of approximately 140, a 15 year old around 125, and typical new homes around 100. A Synergy Home with a HERS score of 67 is 33% more efficient than a typical new home with a score of 100. That can translate to savings of $500 or more per year on utility bills.

How can efficiency be improved?

Synergy Homes, for example, has had an average score in 67-70 range. Synergy Homes creates an efficienct home with their building standards which include:

  •  California Corners- California Corners eliminate pockets without
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Each builder has their own, yet similar, way to build a home. There are production, semi-custom, and custom builders. Quality of the home will vary from builder to builder. Are you looking for a Honda, a Mercedes, or a Lamborghini?

Production builders don’t have a flexible system. You pick and plan to which they usually don’t allow changes, you select from a few color choices and options, and they build it. Think of a production builder as a Chevrolet or Honda-not flashy, not top of the line, but you get a low price.

Next on the list are semi-custom builders. They have a floor plan they use as a guide but allow changes and some have the option to build a full custom home as well. Those changes could be small such as moving a wall or

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There are many ways to pick a lender. The most important reasons of course is that they are the most likely to get your loan closed and with a competitive interest rate. There are other factors, one of which impacts the ability to close. What's an underwriter? The underwriter is sort of the risk assessor for the lender. They review documents, then request more docs and review them, then request and review more documents. Finally, after the buyer has pulled out their hair and threatened to walk away the underwriter decided the buyer is a worthy risk and approves the loan. I like to think of the underwriter as a creepy guy with big glasses locked away in the basement. No offense to guys with big glasses of course. Sometimes the underwriter is locked in an

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