October 10th, 2023 at 11:00 am
The housing market is in a constant flux that can be difficult for anyone to pin down, even more so if you are thinking of buying a new home or selling your current home. Housing markets are affected by numerous factors, and your local buyer’s market can differ from state or national trends.
(more…)October 9th, 2023 at 11:00 am
The housing market is deeply fluid and easily swayed by various factors in local and national economies and politics. This can get even more granular as housing markets within specific neighborhoods and communities can vary drastically with housing markets on a larger scale.
(more…)October 6th, 2023 at 11:00 am
Moving from one home to another sounds simple in theory. Sell your home, then use the funds from the sale to purchase your new home. However, timing isn’t always on your side in this type of transaction.
What if you find the perfect home but haven’t sold your current home yet? How will you get the money you need? This is the exact scenario where a bridge loan might come in handy.
In the simplest terms, a bridge loan is a short-term home loan used to bridge the time between purchasing your new home and selling your old home. In practice, things get a little more complicated.
This guide will go over different types of bridge loans and talk about some of the pros and cons of this financial tool.
(more…)October 4th, 2023 at 11:00 am
Moving into a new home comes with plenty of choices, from furniture to backyard accessories to fresh paint. Before you even get to move in, you have to choose the type of home that you want.
(more…)October 3rd, 2023 at 11:00 am
Buying your first home is such a high point in your life, and there are so many benefits of owning a home: No more dealing with landlords and prohibitive leases; No more worrying about putting nails in your walls and voiding your security deposit. It’s your property, your rules, which also brings plenty of responsibilities.
Before you get to that point, you have to actually pay for the property, which usually means financing of some kind. Financing and mortgages usually mean a down payment, which can be a tricky concept for anyone, but it can be even more confusing for a first-time home buyer. Being a first time homebuyer brings a lot of questions, such as, “what is a CMA in real estate,” and “do first time home buyers need a down payment?” Read on to learn more.
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