Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes this year have put down less than 20%. 76.4% of loan applications were […]
20 Tips for Preparing Your House for Sale This Fall
Some Highlights: When listing your house for sale, your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific suggestions for getting your house ready for market […]
Where Are Mortgage Interest Rates Headed In 2019?
The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart created using Freddie Mac’s U.S. Economic […]
When Is The Best Time Of Year To Buy A Home?
One question that pops up constantly from both first-time and seasoned homeowners alike is “When is the best time of year to buy a home?” Potential homeowners want to know the best time of year to get the best home for the lowest price – and ideally, at a time that makes sense for their […]
Rents Are on The Rise: Don’t Get Caught in The Rental Trap!
There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Apartment List addressed rising rents by stating: “Our national rent index is up 0.1 percent month-over-month, marking the sixth straight month of […]
Having Trouble Saving Enough for Your Down Payment? Crowdfund It!
You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the fact that many couples live […]
Are You Thinking of Selling Your Home? Competition Is Coming!
The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building permits issued in June was 850,000, a 0.8% increase from May. How will […]
Top 4 Home Renovations for Max ROI
√ Some Highlights: Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projectswill net you the most Return On Investment (ROI). Minor bathroom renovations can go a long way toward improving the quality of your […]
4 Hidden Costs Of Not Owning A Home
There’s no arguing there are costs associated with owning a home. But the adverse is also true; there are also definite costs associated with NOT owning a home. The benefits of buying vs. renting have always been a hotly debated topic, with most people believing that — at least in the short term — renting […]
Home Prices Across The Country Continue To Increase, Making It The Perfect Time To Sell
Ideally, you want to list your home during a time when you can get the highest price for your property. And if you’ve been thinking about selling, here’s some news for you—that time is now. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which measures home prices in multiple markets across the country, […]