It may be both exhilarating and stressful to buy or sell a house. There are a lot of things to think about, from location and cost to the condition of the property and any potential problems. When selling your home, it’s essential to be transparent about its condition and any ...
Continue ReadingIs the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there’s still a common ...
Continue ReadingCredits to jvmlending.com Can an individual ever be too old to buy a home? The answer is an emphatic no; you’re never too old to buy a home. If you have the money or qualify to get a home loan, there is no age limit for buying a new home. ...
Continue ReadingEvery day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether, with your job or your family situation, you may be in a position where you need to sell your home – and ...
Continue ReadingThe last few weeks and months have caused a major health crisis throughout the world, leading to a pause in the U.S. economy as businesses and consumers work to slow the spread of the coronavirus. The rapid spread of the virus has been compared to prior pandemics and outbreaks not ...
Continue ReadingRents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters ...
Continue ReadingHere are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate of 5.8% over ...
Continue ReadingSome Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020. CoreLogic predicts home prices will appreciate by 5.4% over the ...
Continue ReadingCongratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be ...
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