What Is the Cost of Waiting Until Next Year to Buy? Some 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 Continue Reading
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 Continue Reading
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 Continue Reading
Everybody Calm Down! This Is NOT 2008 Last week realtor.com released the results of a survey that produced three major revelations: 53% of home purchasers (first-time and repeat buyers) currently in the market believe a recession will occur Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
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 Continue Reading
