Common Problems with Fixer-Uppers and How to Deal with Them
While there are many advantages, there are also some risks when buying an old home. Here are a few common problems with fixer-uppers.
How to Switch from a Variable to Fixed-Rate Mortgage
If you have an ARM, follow below to learn everything you need to know about refinancing from a variable to fixed rate mortgage in 2022.
Fractional Ownership Helps Millennials Enter Real Estate Market
In today's incredibly competitive real estate market, Millennials are finding a foothold in fractional ownership.
Financial Help for First-Time Homeowners with Fixer-Uppers
From FHA 203(k) Rehab Loans to Fannie Mae HomeStyle Loans, there are so many options to choose from when buying a fixer-upper in 2022.
San Francisco Bay Area transfer tax by city and county (updated for 2021)
In another post, we discussed the closing costs a San Francisco Bay Area buyer must pay before title can transfer. In this post, we'll cover real estate transfer tax specifically.…
The Long-Term Financial Benefits of Home Ownership
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. (In case you missed it, today's housing market…
What Credit Score Do You Need for a Mortgage?
According to data from the Origination Insight Report by Ellie Mae, the average FICO® score on closed loans was 753 in February 2021. (FYI, a “perfect” credit score is 850).…
multi-ethnic young couple calculating financial bills at home
Do You Have Enough Money Saved for a Down Payment?
20% down payments aren't the standard anymore. You might not need as much money as you think! One of the biggest misconceptions for first-time homebuyers is how much you’ll need…
Don’t Do These 4 Things After Applying for a Mortgage
After you apply for your home loan, there are 4 things you absolutely should not do to make sure you can still qualify for the loan. DON'T apply for new…
Preparing for your Home Journey: Loan Estimate
At Torii, we try to make home buying as easy as possible by preparing you for every step of the process. In this blog series, we’re walking you through the…