Are You Ready for the ‘Black Friday’ of Real Estate? Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home? Is there a ‘Black Friday’ for Continue Reading
What Is the Probability That Home Values Sink?
What Is the Probability That Home Values Sink? With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective. Here is a table showing the predicted levels of Continue Reading
10 Things to Avoid while in Escrow
10. Increase balances on existing credit cards or apply for new credit. (no credit checks should occur during the entire loan process!)This also means do not purchase big items until after you close. 9. Purchase a car or shop for a car. Or a boat, jet ski, RV, anything really! 8. Open a new bank account or make large deposits. (the source for all deposits over $500 showing on the last 2 Continue Reading
10 Things to check before buying a home
As most of us learn things the hard way this short list offers some very important things that should be checked before signing the papers to buy a new home. Scheduling inspections is always good because they able to give you an overview of condition and look over the place to make sure you're termite and flood/mold damage free, but these following items fall into a different category — the Continue Reading
The Home Buying Process
A lot of sellers and buyers alike wonder how most homes are sold the infographic below is a perfect example of where buyers and sellers are going to find or sell homes. In times when there is market uncertainty its clear using a REALTOR sells your home and makes for a better buying experience. If you are looking to sell or buy a home in the future use a REALTOR. Continue Reading
Mortgage rates-30 year low-What it means for a Lake Tahoe homebuyer?
Rates on 30-year fixed mortgages remained at an all-time record low for the second week in a row. The 30-year fixed rate held at an average of 3.88% for this week ending February 9, the lowest rate ever recorded in the 40-year history of the Freddie Mac Primary Mortgage Market Survey. That compares with a 5.05% rate recorded the same time just a year ago. In the meantime the 15-year fixed Continue Reading
Top 3 benefits to Homeownership
1.Purchasing a home and the deductions from the purchase When buying your home, most of the expenses are not tax deductible. But there is one exception that is worth knowing more about: The IRS says you can deduct mortgage interest in the year that it is paid, and that is usually part of each of your monthly loan payments. In addition, if the day you purchase is on any day other than the Continue Reading
