Blog Category: waiting

bored girl

DON’T WAIT!

Most humans I know wait to do things. And wait as long as they can. Even for a mortgage, they wait and take their time in submitting the needed documents. I procrastinated as a child when it came to cleaning up my room. I did it in college when it came to studying for an exam. And I do it as an adult when it comes to going to see the dentist. The only things that I do not procrastinate on are things that are really important, like getting pre-approved for a mortgage. Now that is important! That should be done right away. Read More

piggybank savings

Waiting to Buy, Is It a Good Idea?

I have had numerous clients mention recently that they may wait to buy because they want to save for a larger down payment to have a 20% down payment and avoid mortgage insurance. While it is laudable to want to have a nice chunk of down payment, waiting may not pay off. Some think mortgage insurance is a waste of money, and that they should avoid it at all costs. Again, this is commendable, but maybe not worth waiting for. I’ll show some numbers to explain further. Read More