Buy, Sell or Refinance in 2019?

What you should know about buying, selling or refinancing a home as the market gets more complicated in 2019 Buy, sell or refi: Your housing playbook for 2019   3:46 PM ET Wed, 19 Dec 2018 | 26:38 It's the most expensive purchase many of us even consider: A place to live. As we head into … Continue reading Buy, Sell or Refinance in 2019?

What do these 9 Listing Terms mean?

9 Home Listing Terms And What They Actually Mean Certain adjectives used in home descriptions can have hidden (and potentially less desirable) meanings! Rocket Mortgage® won't confuse you — get the home-buying confidence you need with a mortgage process that puts the power in your hands. Living by yourself? “Cozy” might be just what you’re … Continue reading What do these 9 Listing Terms mean?

Wait or Buy Now? – Infographic

~ thank you KCM as always for the insightful information! ~ Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by … Continue reading Wait or Buy Now? – Infographic

Is there a right time to make a offer below asking price?

~ these are some good guidelines, take a look and let me know how I can help you! ~ When Should You Make an Offer Below Asking Price? 5 Clues It's Time to Take a Gamble iStock; realtor.com Homes are expensive, and getting even more so every day. (Also, water is wet and the sky … Continue reading Is there a right time to make a offer below asking price?

Renters Still Crave Homeownership

Renters Still Crave Homeownership Homeownership is still the American dream, according to 84% of Americans. While the number of potential first-time homebuyers consistently hovers above 30%, it’s safe to say that the business of real estate tends to run in cycles. At any given moment inventory can fluctuate, interest rates can tick up or down, … Continue reading Renters Still Crave Homeownership

Millennials’ New Weapon in Bidding Wars: A Parent’s Home Equity

~ not sure if you can do this? but if you are able to, I would give it a go ~ Millennials' New Weapon in Bidding Wars: A Parent's Home Equity Call it the mortgage merry-go-round: Parents refinance their home to fund the full cost of their son or daughter’s desired home. This allows the … Continue reading Millennials’ New Weapon in Bidding Wars: A Parent’s Home Equity

Closing the sale of a condo has become harder

Q&A Here's why closing the sale of a condo has suddenly become harder for an association Getty Images It appears lenders are getting more skittish about issuing mortgages to buyers of condominium units as the real estate market recovers from the housing bust, a time when lenders experienced a spate of foreclosures. It appears lenders … Continue reading Closing the sale of a condo has become harder

4 reasons fewer Americans are buying homes

~ please don't let the unknown deter you from buying a home. I can help guide you through the process. Step, by Step ~ 4 reasons fewer Americans are buying homes  While the U.S. homeownership rate has climbed slightly since reaching a 50-year low in 2016, it remains near a generational low at just 63.7%. … Continue reading 4 reasons fewer Americans are buying homes

Forget Everything You’ve Read: Buying a House is NOT For Suckers

~ I completely agree, which if you have read my blog you will see. I fully agree with homeownership where it is feasible. ~ Forget Everything You’ve Read: Buying a House is NOT For Suckers by Brandon Turner | BiggerPockets.com By Brandon Turner updated April 21, 2017 Real Estate Investing Basics Recently, one of my … Continue reading Forget Everything You’ve Read: Buying a House is NOT For Suckers

Fannie Mae will ease financial standards for mortgage applicants next month

Fannie Mae will ease financial standards for mortgage applicants next month  Fannie Mae will ease financial standards for mortgage applicants next month The top reason mortgage applicants nationwide get rejected is because they’re carrying too much debt relative to their monthly incomes. Fannie Mae will be raising its DTI ceiling from the current 45 percent … Continue reading Fannie Mae will ease financial standards for mortgage applicants next month