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Honey Baile | Jon Pemberton & Associates LLC | Keller Williams Community Partners Blog

Wednesday, June 22, 2022   /   by Honey Baile

Things To Avoid After Applying for a Home Loan

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan.

Don’t Deposit Large Sums of Cash

Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer.

Don’t Make Any Large Purchases

It’s not just home-related purchases that could disqualify you from your loan. Any large purchases can be red flags for lenders. People with new debt have higher debt-to-income ratios (how much debt you have compared to your monthly income). Since higher ratios make for riskier loans, borrowers may no longer qualify for their mortgages. Resist the temptation to make ...

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Tuesday, June 21, 2022   /   by Honey Baile

5 Ways to Pick the Perfect Color Scheme

If you’re revamping your interior design scheme, you may be considering a new color palette. Should you go with earthy hues? Vibrant jewel tones? Cool blues and grays? Below are five ways to pick a color scheme that will work for you.
Choose from what you have. If you’re not revamping with an entirely new furniture set, then you may want to pick a color from what you already have. A boldly patterned sofa or floor rug can serve as a jumping off point.
Start with three. If you’re feeling overwhelmed with options, choose three colors you love and keep it to there, with one as your main color, another as your secondary and a third for accents. (Four if you count white, which is more of a neutral).
Base with black. If you can tie black into your color scheme, you’ll always have something easy (and versatile) to return to. No need to get macabre—think black appliances in the kitchen, black end and coffee tables in the living room, and black cabinetry in ...

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Wednesday, June 15, 2022   /   by Honey Baile

What Are the Best Options for Today’s First-Time Homebuyers?

If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold.
If you partner with a trusted real estate advisor and hone your strategy, you can navigate today’s market and find the home you’re looking for. Here are two tips to help you get started.
Work with a Professional To Prioritize Your Wish List
If you’re having trouble finding a home in your budget that checks all the boxes, it may be worth taking another look at your lists of what you want and what you really need. According to the latest First-Time Homebuyer Metro Affordability Report from NerdWallet, your wish list can have as much impact on your search as your finances:

“Your budget isn’t all that you ne ...

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