by lizlaurenb | Apr 24, 2020 | Mortgage
Whether you’re a buyer or a seller, a home appraisal is a critical component of the home selling process. An appraisal is also required in situations where a home is gifted to a family member, so it’s important to have a clear understanding of what it...
by lizlaurenb | Apr 23, 2020 | Mortgage
For many months, the COVID-19 (Corona-virus) pandemic appeared to be a problem that only existed in foreign lands. Now, this virus has arrived on the shores of the United States and has disrupted jobs, hospitals, and lives. People are being asked to practice social...
by lizlaurenb | Apr 22, 2020 | Real Estate
Recent advancements in technology continue to disrupt the real estate market. This includes the use of “Big Data” for data mining, artificial intelligence combined with machine learning, augmented and virtual reality, use of drones, blockchain technology,...
by lizlaurenb | Apr 21, 2020 | Mortgage
Those who are involved in the real estate industry likely know that mortgage rates are at an all-time low. At the same time, nobody wants to pay more for a house than they have to. Some of the most important factors that dictate how much someone is going to pay for a...
by lizlaurenb | Apr 20, 2020 | Financial Reports
Last week’s scheduled economic reporting included readings on home builder sentiment, housing starts and building permits issued. Weekly reports on mortgage rates and initial jobless claims were also released NAHB: Homebuilder Confidence Crashes as Coronavirus...
by lizlaurenb | Apr 17, 2020 | Real Estate
According to data compiled by Realtor.com in the fourth quarter of 2019, it is still more affordable overall to rent versus buy a home — but just barely. The median monthly mortgage payment at the end of 2019 was $1,600, while the median monthly rent payment was...
by lizlaurenb | Apr 16, 2020 | Real Estate
There are two times when it is best to buy a home. When you have to buy one and when you can afford to buy one. In general, owning a home is better than renting one because you are building up equity for yourself, instead of throwing your money away by helping the...
by lizlaurenb | Apr 15, 2020 | Mortgage
There are lots of people out there who are searching for options for mortgage relief. A quick search will reveal options for programs such as FMERR and HARP; however, many of the articles regarding these programs are a bit outdated. This makes them misleading....
by lizlaurenb | Apr 14, 2020 | Real Estate
With time on our hands, many of us are busying ourselves with home improvement projects. Some simple changes can increase the attractiveness of a home and may help with a sale. If you are getting ready to sell your home or if you just want to beautify it a little,...
by lizlaurenb | Apr 13, 2020 | Financial Reports
Last week’s economic reports were limited due to closures connected with coronavirus regulations. The Federal Reserve did not issue minutes for the most recent Federal Open Market Committee meeting as the meeting was canceled. Inflation readings were released;...
