As more Americans file their tax returns, it is becoming increasingly necessary for them to decide what to do with the money they get.
For the second year in a row, you have additional time to file your federal taxes. On March 17th, the Treasury Department and Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021.
This gives you a little more time to decide what you will do with your tax refund.
– Would your tax refund be enough for a down payment on a new home?
– Do you feel you should use this to pay off debt?The possibilities are endless, however, whatever you do decide to do, always choose the path that will give you the largest return on investment (ROI).
The housing market is in a frenzy right now.
Tight supply conditions and strong demand have made the housing market highly competitive and fast-paced, with most homes in a multiple offer situation. If you're going to jump in this pool of homebuyers, be ready to swim quickly! You and your agent should be prepared to write a strong offer with the least number of contingencies.
But what is the first step in preparation? Getting pre-qualified. Meeting with a loan officer is the first step, so when you are ready to submit the winning offer, you have your qualification letter in hand.
Your loan officer will review your credit, your debt to income ratio, and determine what the best route for you is. Lenders like to see your debt to income less than 43%. There are three types of loans that all vary in the down payment amount. The different types are VA, FHA or Conventional. Based on the different loan types and your circumstances, your loan officer will provide direction as to the best loan option for you.
Start preparing now for that first meeting. You will need the following documents in hand so your loan officer can review your file.
‘Tis the season for pumpkin spiced lattes, apple picking photoshoots, indoor hangouts, family, and so much more! We have the perfect ways you can decorate your home this season without breaking the bank. Bring the warm colors of fall into your home with these beautiful and simple decorating projects. From adding a few throw blankets, to going pumpkin picking, to creating your own door wreath, there’s so many ways you can get into the holiday spirit!
Your client’s goals and plans for their future are important to us. Their goals are our goals! Whether its buying, refinancing, renovating or building a home, we want to help. At Eustis Mortgage, we offer the resources, loan programs, skill set and experience to help achieve objectives and with more than 60 years in the industry, we do just that.
Plants not only create a living space that is soothing to be in, but they also enhance your mood and health. Caring for a plant gives us a purpose and can be rewarding watching it bloom and thrive. Natural mood boosters, plants also aid in loneliness and depression. Whether you live in a small apartment, or a large house, introducing plants into your home will improve your overall health and happiness.
