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KAREN HART, GRI, e-Pro, REALTOR®
PMZ Real Estate
1120 Scenic Ave
Modesto,  CA  95350
209.613.1347
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Should I Refinance?

Estimate Payments
Fixed or Adjustable?
Should I Make Extra Payments?
Will I Qualify?
How Much Can I Afford?
KAREN HART, GRI, e-Pro,
REALTOR®
PMZ Real Estate
1120 Scenic Ave
Modesto,  CA  95350
209.613.1347
Contact Me
Visit My Web Site
Equal Housing Opportunity   
  
Replacing kitchen range difficult in older home
Q: We are replacing our old electric drop-in stove with a new dual-fuel slide-in, which features a gas cooktop and an electric oven. We have had the gas installed with no problem, but now have a problem with the electrical wiring. The old stove was wired directly and the new one plugs in, so we had to purchase a plug and a receptacle. The electrical wiring in the home for the stove has three wires: white, black and copper. The electrical box purchased for the range has four ports for connection. When we connected the hot wires and the ground and then turned on the electricity, we did not get power. Does this mean we have to re-wire the home from the circuit breaker to the oven with new wiring, or is there a plug-in box that will accommodate the current wiring? The current circuit is 40 amps -- will we need a bigger circuit as well? --Richard and Michaelene P. ...more
 
12 Compelling Reasons to Choose PMZ
1. The Market Leading Brand
PMZ Real Estate Agents sell over $2 billion dollars in Central Valley real estate annually, making PMZ the Number 1 Real Estate Brand in the market.

...more
 
Funding parents' reverse mortgage a win-win
DEAR BENNY: I want to help my older parents so they can have a more stress-free and comfortable retirement, and believe I am in a position to do so. They have a home in an area where housing prices are actually still increasing, which makes the scenario even more attractive to my husband and me. ...more
 
Tips for paying off mortgage early
DEAR BENNY: I was reading in one of your columns about paying off your mortgage faster by making an extra payment each year. You said to make sure your coupon clearly indicates you are making an extra payment. I did this at the end of 2008, but didn't know whether it should go under an extra payment or payment on the principal. I paid it on the principal because otherwise it wouldn't show up until January as a payment. ...more
 
Home Buyer's Fair less than two weeks away!
With interest rates at historic lows, declining home prices and a wide range of homes from which to choose, this may be an ideal time to buy a home. Chances are you have many questions, ranging from how to qualify for a mortgage loan, to what steps are required to get from finding a home to closing escrow and moving in. ...more
 
Whole new ballgame for refis
Mortgage interest rates have declined to all-time lows, resulting in a pickup in mortgage refinance applications. How many of these applications result in successful refinances remains to be seen. Lenders' qualifying criteria have tightened. The lowest interest rates are reserved for homeowners who have sufficient equity in their homes and who have high credit scores -- usually above 720. Lenders also are stricter on the borrower's overall debt-to-income ratio, but this varies from lender to lender. ...more
 
Lender can't nix loan on inherited home
DEAR BENNY: My father passed away in January 2008 and I have inherited his townhouse. He had an existing mortgage, and I am continuing to make the mortgage payments. I have not notified the mortgage company. I am unable to obtain financing for the home in my name at this time. I have already been turned down twice. Does state law allow me to assume this loan, or if the finance company finds out, can it pull the loan? I don't want to lose the house. There was a will (I was the personal representative and sole beneficiary) and I had an attorney prepare the deed, which has been recorded in my name. It was my father's wish that the house be mine upon his death. --R.N. ...more
 
 
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