Published Date 7/6/2018 Today’s homebuyers can unwittingly become targets of scams, as evidenced by a report today by NBC in which it describes how a couple was robbed of their life savings. Citing this as a mere sampling of what can happen, real estate experts say everyone shopping for homes need to stay vigilant. The […]
Category: Recent articles
Factory Orders Up 0.4% In May
Published Date 7/5/2018 TODAY’S MORTGAGE RATE SUMMARY HOW RATES MOVE: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout the day, being affected by […]
Keeping Your Head Above Water When Investing In Real Estate
Semantics are alive and well with real estate. You either buy, or you invest. Right? Well, let’s admit there is a slight nuance here. You plan to live in what you “buy,” but the idea of investing carries the connotation of renovating and making a quick buck. Today’s consumers are much more interested than ever to try […]
What NOT To Do Yourself Before Selling Your Home
Published Date 6/26/2018 It’s not all that uncommon. You tried to fix something in your house using all the analytic skills you apply to other parts of your life, inspired by how easy it looks on HGTV. With all the best of intentions, however, what seemed simple turned into an obviously less-than-expert job. In fact, […]
Realtor Knowledge And Research Are Key When Appraisals Come In Low
Published Date 6/25/2018 As the real estate market continues to sizzle, driving prices ever higher, it’s not unusual for appraisals to be a sticking point. Just because you’ve asked $300K for your home and got an offer at $320K doesn’t mean the appraiser can justify the value all the parties agreed to, however. There may […]
WILL DRIVERLESS CARS AFFECT THE FUTURE OF REAL ESTATE?
It’s happening right under our noses, but few of us know it. The newest commercial parking facilities are being designed with autonomous cars in mind — the ones that drive themselves. Some developers are even going so far as to explore ways to repurpose existing parking garages. The question follows: how could autonomous vehicles change […]
Think Staging Your Home Is A Waste Of Time? Think Again…
Bye, Bye Clutter The most important thing you can do to prepare your home for sale is to get rid of clutter. Make a house rule that for every new item that comes in, an old one has to leave. One of the major contributors to a cluttered look is having too much furniture. When […]
Want To Know The Truth About No Down-Payment Home Loans?
A no down payment mortgage allows first-time home buyers and repeat home buyers to purchase property with no monies required at closing. Other options, including the FHA Home Loan, the HomeReady™ mortgage and the Conventional 97 loan offer low down payment options with a little as 3% down. Mortgage insurance premiums typically accompany low and no […]
Why You’ll Adore The Mortgage Interest Deduction During Tax Season!
Soon Uncle Sam is going to be knocking on your door with his hand out. While April 15th is perhaps our least favorite day of the year, there are things you can do to save on your taxes. For example, you can save a bundle on your taxes by using mortgage interest deductions. I would never […]