Q&A

Robert Palmer answers consumers questions on personal finance, debt, credit, home buying and much more. Submit your question for Robert today.

Can I Take Out an Additional Loan Before Closing on My Home?

September 17th, 2015|

Welcome to one of the many mistakes people make after they’ve been given the pre-approval letter. Too many home buyers feel like their pre-approval is like a “get out of jail free” card in the game of Monopoly. In their mind, they have already been approved for $200,000 to purchase a home so their credit must […]

Why is a Mortgage Pre-Approval so Important?

September 17th, 2015|

A Mortgage Pre-Approval Should be Step Number One
Many people will finally make up their mind to forget the landlord and buy themselves a home. So they load up the family in the car and head toward the community where they would like to live. They may be looking for a place closer to work or closer […]

Q&A: When Should I Buy a Home and How Much Can I Afford?

July 21st, 2015|

There is no magic formula to determining when you are ready to buy a home or how much home you want to buy.
Are There Advantages To Renting a Home?
First off, you need to consider the advantages and disadvantages in your current situation as a renter. One of the advantages of being a renter is the […]