Posts by Nancy Page Cooper
Ask Nancy: New Loan Wrinkles for Self-Employed
You don’t have to tell the self-employed that there are extra costs that go with the benefits. In addition to the long hours and extra responsibility, getting a home loan has always added special challenges. Now that we are into the new Dodd-Frank era of federal oversight, some of the changes warrant an early heads-up.…
Read MoreWhat is a Lease Option, and is it Right for You?
What is a Lease Option, and is it right for you? A lease option, also known as Lease with the Option to Purchase, is a type of contract between an owner and a tenant, in which the renter has the option of purchasing the property after a certain amount of time. The Tenant and Landlord…
Read MoreThe Top Ten Mistakes You Can Make When Leasing a Home
Looking for a place to rent? Consider these ‘hidden’ costs before signing a lease…. 1) Not adding the cost of ‘Surprise’ utilities. I’m talking about the ones NOT included in your monthly rent when you calculate your payment. Trash, sewer, water, cable, electricity and gas can add several hundred dollars a month to your base rent.…
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