Real Estate with Angela Carpio

When applying for a mortgage, it's important to know what to avoid doing when applying for a home loan. Here are the top 10 actions that could put your loan application - and your dream home - at risk. 1. Changing Jobs A lender is going to want to make sure that you have a stable income and that you can afford to pay your monthly mortgage every month so hold off on making career changes until after you close escrow.  2. Opening and Closing Lines of Credit Opening or closing credit accounts can negatively impact your credit score. This may put your chances of getting approved at risk. You can pay off account balances but keep your credit cards open.  3. Using Credit Cards Excessively Do not add to your debt! 4. Spending Your "Closing Cost" Money You want to make sure you have your money for your "closing cost" ready when it's time to send it.  6. Making Large Deposits or Withdrawals Anything out of the ordinary, including large deposits or withdrawals can rai...

Reasons to Purchase A New Construction Home If you've spent some time checking out the real estate market but can't find a previously-loved home that suits your style and needs, you might be better off purchasing a newly constructed home. Here are reasons to purchase a new construction home.  1. Better Floor Plans And Room Layout That Meets Your Needs New construction home allows you to choose a modern design and layout that fits your style. From flooring to countertops to cabinet finishes, your home will be tailored according to your preference. 2. All New, Under Warranty A new construction home and everything in it, often comes with warranty. Every builders offers their unique warranty on their homes to coverage workmanship and house materials confident that the quality of their design, construction and appliance installation is up to standard. This warranty gives you peace of mind during your home buying process.  3. Energy and Cost Savings With the integration of adva...