The process of buying a home is complicated. Consumers can become confused and frustrated with the mounds of paperwork and documents to sign. Fees show up at closing that can sometimes surprise the buyer however, as your buyers agent we will be there to assist you through every step of the process and handle all of the […]
What is a HUD Home? The United States Department of Housing and Urban Development (HUD) oversees the Federal Housing Administration (FHA), which provides federal insurance against defaults on home mortgages. If the payments are not made on a federally insured FHA loan, the mortgage holder seeks foreclosure or accepts a deed-to-lieu, then files an FHA […]
Nationally, housing inventory fell 23% year-over-year in February, this according to the Department of Numbers HousingTracker. Inventory fell year-over-year in all 50-plus markets they track, and by more than 50% in several California metros. Price increases and disappearing inventory go hand-in-hand: nearly all metros with the biggest inventory declines also had year-over-year price increases of 10% […]
Mortgage lenders adjust the rates they charge borrowers based on perceptions of risk, borrowers who can demonstrate to the lender they are a low-risk are those most likely to qualify for a rate that matches those seen in all the advertisements or headlines. The rates quoted by Freddie Mac and others are averages drawn from […]
Across the country home values have fallen 33% since their peak in 2006. In light of such it’s no surprise that many Americans today have a short sale in their credit histories. With many wanting to become homeowners again, a question we commonly receive is when can I buy a house after a short sale? First and […]
If you put down less than 20% on a house, expect to be required to purchase private mortgage insurance or PMI, which protects the lender in the event you default on your mortgage. PMI premiums on a median priced home ($285,000 in 2019) can run between $50 and $100 per month. PMI might be unavoidable, […]
Home owners who are eligible to deduct private mortgage insurance, or PMI, premiums can shave hundreds of dollars off their income tax bills. If you put down less than 20% on a home, expect to be required to purchase private mortgage insurance, which protects the lender in the event you default on your home loan. That’s […]
When you buying a home, your first mortgage payment is due on the first day of the month after the first full month that you’ve owned the home. For example, if you close the sale of your new home on January 25, the first full month you spend in the home will be February, so your […]
Search On-the-go with Real Estate Apps Today almost 90% of real estate consumers use the internet as part of their home search efforts. As consumers we are utilizing the internet more than ever, and it’s extending far beyond the traditional desktop. Handheld mobile devices have changed the way we access the web dramatically, and this […]
You might not think too hard about your real estate assessment, the dollar value the local government puts on your property value (house and land). You should as the assessment is the determining factor in how much you pay on property taxes. If you have a mortgage, your home lender is probably paying your property taxes out of an […]
Follow Us
Follow Us
Copyright © 2025 | Information deemed reliable, but not guaranteed. | Privacy Policy
Real Estate Web Design
by Dakno Marketing.
