The Sharpe Mortgage Team is committed to providing you each week with helpful information on topics such as the local market, home trends, homebuying tips, and more. This week we shared information on termites and how to prevent them, homeowners insurance, and Freddie Mac's new policy. Read more on these topics below.

Termites and How to Prevent Them

As a homeowner, you must be aware of the potential damage that termites can do to your home. Termites are considered the top threat to wood-based structures. In fact, Americans spend over $5 billion annually protecting their homes and fixing damage from termites, so it is imperative to protect your largest financial asset from being destroyed. Learn how to prevent them!

Understanding Homeowners Insurance

Safeguarding your home is critical, as it is likely one of your largest investments. Homeowners insurance protects your home, its contents, and other assets in the event of fire, theft, accidents, or other disasters. Find out what a standard homeowners insurance policy will cover!

Freddie Mac will Include On Time Rent in Underwriting

Freddie Mac recently announced that, beginning July 10, 2022, on-time rental payments will be included in its underwriting system. This should make it possible for more underserved groups to qualify for mortgages. Learn more!

Is there anything that The Sharpe Mortgage Team can do for you this week? If you’re interested in purchasing a home or refinancing your current home in Winston Salem or the surrounding areas, give us a call! We can discuss your financial goals and discuss a loan program that might be right for you.