Ellen Smith
East Lake Real Estate
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Ellen Smith

As an agent who knows this area inside and out, I bring a wealth of knowledge on local communities, current market conditions, and more. I strive to make your real estate experience an exceptional one.

Whether buying or selling a home, I can advise you through the processes from beginning to close. Call me or email me to set up a time to discuss your specific real estate needs.

As a valued client, you'll receive:

  • Expertise on neighborhoods and the local markets
  • Innovative strategies to market and sell your home
  • Additional insights into listings that are not accessible online
  • A proven negotiator who will be with you every step of the way
  • A trusted and knowledgeable partner through closing and beyond
Link to full blog post article

Debt-to-income Ratios

Debt-to-income Ratios The debt-to-income ratio is the way mortgage lenders decide how much money you can afford to borrow. It is the percentage of your monthly gross income used to pay your monthly debts (not monthly living expenses). Two calculations are involved, a front ratio and a back ratio, written in ratio form, i.e., 33/38. The first number indicates the percentage of your monthly gross income used to pay housing costs, such as principal, interest, taxes, insurance, mortgage insurance and homeowners’ association dues. The second number indicates your monthly consumer debt, such as car payments, credit card debt, installment loans, etc. So a debt-to-income ratio of 33/38 means tha…
Properties with the NWMLS icon are courtesy of Northwest MLS.
Square Footage is based on information available to agent, including county records. Information has not been verified by agent and should be verified by buyer.