The Mortgage Statement

Rent vs. Buy, May 14th Interview with Fox 16

Posted by Scott McElmurry on Thu, May 16, 2013 @ 01:25 PM

Is renting or buying right for you? The decision to buy or rent depends on your current financial situation, your future plans and the lifestyle you want to live. Both options have their own set of benefits and potential drawbacks that should be carefully evaluated. I had the chance earlier this week to talk with Fox 16's Deedra Wilson on air about what you should consider when deciding to rent or buy.

Read More

Tags: what is involved in buying a home

What Costs are Included in a Mortgage Payment?

Posted by Scott McElmurry on Wed, Sep 19, 2012 @ 05:03 PM

                                                                                                        
So before you apply for a mortgage and settle on a property, make sure you are capable of paying back more than what you have borrowed. During the approval process, your mortgage bank will assist you in helping you plan out your payment process and understand exactly what you can afford.

Read More

Tags: what is involved in buying a home, Mortgage payment