Not all borrowers can take advantage of the secret weapon when buying a home, but those who do find big savings up front. In 2021, real estate sales have gone through the roof. You will read articles about this, but some of these articles leave out a crucial detail about WHY house prices are going crazy in 2021. Why Is There a Real Estate Seller’s Market You’ll read the term “seller’s market”, and you will read about how interest rates have … [Read more...]
Should You Sell Your Home?
Recently, a friend of mine put an interesting question on Twitter. Right now, home prices are skyrocketing in our area. Houses are going for well over the asking price and there's usually a bidding war. It's definitely a seller's market. So his question was whether or not they should put their home on the market and just rent for a few years until market prices drop again. It was an interesting question. Should you sell your home? Why You … [Read more...]
Your Money Problems: Common Money Mistakes People Make
Do you have money problems? There are some common mistakes people make when planning a budget or trying to sort out their bills. Check our list below of bad financial habits to avoid when trying to take control of your finances. Paying Too Much For Housing Are you overspending on rent or your mortgage? Many people read advice that your housing expenses should not take up more than roughly 30% of your income, but in the 21st century, it’s more … [Read more...]
Buying A Home: Hidden Housing Expenses
I have told many people with ambitions of buying a home to take their time and do their due diligence in learning what it will take to afford and maintain property as an American homeowner. My friends who have purchased their own homes have learned there are pitfalls waiting for if you don’t know where to look. It does not matter if you are buying with a conventional mortgage, a VA home loan, or an FHA mortgage--you'll need to anticipate certain … [Read more...]
Advice For Buying A New Home
If you are in the market to buy or build a house and need some advice for buying a new home, don’t be intimidated by the prospect. There are ways to make buying real estate easier, even if it’s your first time. Decide What Kind Of Home You Need Some first-time homebuyers make the mistake of buying a home they will grow out of, rather than grow into. It may be a good idea, depending on your short-term and mid-range plans, to buy a house you can … [Read more...]