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Should I Airbnb My Home?

May 11, 2023 by Robby Oakes

One of the main reasons people Airbnb their homes is to earn extra income. By renting out their homes to guests, hosts can earn money that can be used to pay bills, save for a vacation, or invest in their future. The decision to Airbnb your home ultimately depends on your personal circumstances and preferences.

Filed Under: Mortgage Tagged With: Airbnb, Mortgage, Real Estate Investments

What is Cash to Close?

May 10, 2023 by Robby Oakes

The Cash to Close amount is calculated by subtracting any applicable credits, such as earnest money or seller contributions, from the total amount of funds needed to complete the transaction. The resulting figure represents the final amount of cash that the buyer needs to bring to the closing.

Filed Under: Mortgage Tagged With: Cash to Close, Closing Costs, Mortgage

What Is A Mechanic’s Lien?

May 9, 2023 by Robby Oakes

To initiate a mechanic’s lien, the contractor or supplier must follow a specific set of procedures, which can vary depending on the jurisdiction. Generally, these procedures involve filing a notice of claim with the appropriate government office, notifying the property owner of the claim, and giving the owner an opportunity to dispute the claim.

Filed Under: Mortgage Tagged With: Contractor, debt, Mortgage

How the Purchase and Refinance Mortgage Process Works

May 4, 2023 by Robby Oakes

Determine your budget: Before you start shopping for a home, you need to figure out how much you can afford to spend. You can do this by calculating your monthly income, expenses, and debt, and getting pre-approved for a mortgage.

Filed Under: Mortgage Tagged With: budgeting, Mortgage, Refinance

DIY Improvements Do Not Have To Be Expensive: A Few Examples

May 3, 2023 by Robby Oakes

There are many do-it-yourself (DIY) home improvement projects that can be completed on a budget and still have a significant impact. Enhancing the appearance and functionality of your home doesn’t have to be costly or time-consuming.

Filed Under: Mortgage Tagged With: DIY Projects, Home Improvement Loan, Mortgage

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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