Tag Archives: real estate questions

What Credit Score Do You Need for a Mortgage?

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for some, many buyers may be…

Property Tax Value vs. Market Value

Property Tax Value vs. Market Value I have had quite a few questions about property tax values as we are currently receiving our tax statements for 2014.  The department of revenue has created a fact sheet to try to dispel the myths we believe about the link between property tax value and market value.  They…