The housing market has been through many ups and downs during the past 12 months. Now, buyers are facing a unique challenge as they try to find the right house in the perfect seller’s market. Right now, real estate is extremely competitive, as low inventory has continued for several months. As mortgage rates remain low, more people are looking for homes, increasing the competition. Some people are reluctant to sell because they know they will face the same challenges of trying to find a … [Read more...]
Buying a Home Where Someone Passed Away
A key factor that often drives the sale of new homes versus existing ones tends to be cultural. Rather than being financially-driven or associated with location factors, many homebuyers will steer clear of existing homes where someone has passed away. The primary fear tends to be concerns about a leftover spiritual residual in the home that could affect the new homeowners. Despite the abundance of TV shows about ghost-chasers and similar, the stigma of a dead person’s home has been around … [Read more...]
The Ultimate Payoff: Getting Debt Free Before Retirement
For many people, reaching retirement is something to look forward to. At the same time, too many people still have a lot of debt by the time they retire. In order for people to really take advantage of everything that retirement has to offer, they should try to find a way to pay off all of their debt before they retire. In order to make sure this happens, there are a few tips that everyone has to keep in mind. Try To Keep Housing Costs Low First, it is important for everyone to try to keep … [Read more...]
Multi Family Primary Residence Conventional Home Possible 3% Down
Multi Family Primary Residence Conventional Mortgage with as little as 3% Down. New program allows home buyers to buy a Multi Family primary residence with only 5 % down payment. Home Possible is a new program that allows home buyers to buy a Multi Family Primary home with only 5% down, not like regular conventional that requires 15%-25% down Payment. The other benefits are Reduced MI Insurance, Reduced Rate. FHA multifamily Primary Home requires only 3.5% down Download the Home … [Read more...]
5 Reasons Why Millennials Choose to Buy a Home [INFOGRAPHIC]
5 Reasons Millennials Choose to Buy a Home [INFOGRAPHIC] Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice … [Read more...]
