23 Jul 2020
By Mortgage Blog Content

The Healthy Home? Selling The Wellness Value Of A Home

Mortgage Tips
A study by the World Health Organization says that 90% of our health comes from where and how people live. Homeowners are paying more attention to wellness. These considerations extend to the home that they want to buy. Do you want to get a great price when you sell your home? Go green and go healthy. Going Green Homebuyers are looking for more than just a quality home in a safe neighborhood. They also appreciate energy efficiency. Energy efficiency includes new appliances that use less electricity, smart-home technology that manages usage and climate zones, and better insulation as well as new windows and doors. It also includes having a solar energy system…
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22 Jul 2020
By Mortgage Blog Content

Buying Land to Build a New Home On? Don’t Forget These Three Important Considerations

Mortgage Tips
When most people talk about real estate, they envision buying an already-built house on already-landscaped property. However, buying vacant land and building a new home is a great way to ensure that you get the home that you want in the location that you want. It's also a major undertaking, which is why you should take these three considerations into account before you buy any land for your new home. Location, Location, Location: It's More Important Than You Think People often hear the phrase "location, location, location" and it's a very prudent maxim with buying land. The parcel of land that you buy should be in a good geographic location and…
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21 Jul 2020
By Mortgage Blog Content

Should You Buy A Fixer Upper?

Mortagage Tips
If you've expressed any interest in buying a home that you can work on, your real estate agent may present you with one or two fixer upper properties for your consideration. Fixer upper homes can offer good value for certain kinds of homebuyers. But not everyone should buy a fixer upper. Here are some considerations to keep in mind. There May Be Unforeseen Conditions Until you actually get in there and start renovating, you cannot know exactly what is behind those walls. Fixer uppers could have unforeseen conditions that could blow away your renovation budget. If you do decide to forge ahead with an offer, consider hiring a structural engineer, a…
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20 Jul 2020
By Mortgage Blog Content

What’s Ahead For Mortgage Rates This Week – July 20, 2020

Financial Reports
Last week’s economic reports included readings from the National Association of  Home Builders on housing markets along with Commerce Department data on housing starts and building permits issued. Weekly reports on mortgage rates and unemployment claims were also released. NAHB: Builder Confidence in Housing Markets Increases in July Homebuilders gained confidence in housing market conditions as home buyers sought homes in less-congested suburban areas. Builder confidence rose 14 points to an index reading of 72 in July. NAHB Chair Chuck Fowke said, “Builders are seeing strong traffic and lots of interest in new construction as existing home inventory remains lean.” Homebuyers sought larger homes to accommodate work-at-home needs and also fled…
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17 Jul 2020
By Mortgage Blog Content

Get Your Finances In Order With A Few Simple Steps

Mortgage
If you are looking to buy a home one day but don’t think you are ready just yet, you are not alone. One of the most important tasks that you have to complete involves getting your finances in order. There are a few ways to get your finances in order before you buy, no matter how long you have been waiting to buy a home. Getting your finances in order with these simple steps can help you become a more competitive applicant both for a mortgage and a home that is on the market. Focus On Your Credit Score While it is true that your credit doesn’t have to be perfect…
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16 Jul 2020
By Mortgage Blog Content

Three Key Tips for Assessing Value To Find Out How Much Your Home Worth in Today’s Market

Mortgage Tips
If you're thinking about putting the house on the market, or are simply curious about its value in the current economic atmosphere, it's essential to get an honest assessment of its value. An overly inflated figure won't hold up and will only turn potential buyers away. It's best to get a fair assessment in order to ask a reasonable price or avoid over-extending oneself when it comes to taking out a home equity loan. Consider these three key tips to get a true assessment of a home's value. Identify Positive Features About The Home And Property When seeking an appraisal for a home, it's important to look at the big picture.…
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