Searching For Coming Soon Homes For Sale, Might Sound Good or Even Clever In a warm or hot seller's market, searching for Coming Soon Homes for sale can be more frustrating than trying to search for homes that are already active. But there is another solution to find overlooked homes. In today's hyper-competitive real estate [...]
Everyone has been uncertain about the market and whether they should buy or not mostly because of the combination of interest rates, inflation and general affordability. But here's a strategy buyers should be taking advantage of right now if you're serious about buying. Get approved for your maximum loan amount and payment you are comfortable [...]
Image courtesy of England Exterminating Inc. In 2015, the California Association of Realtors forms used on a majority of every real estate transaction changed causing more arguments between buyers and sellers. Previously, in the California Residential Purchase agreement, there was a check box that specified who would pay for the inspection and that [...]
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% [...]
A recent post by the National Association of Realtors (NAR) revealed that in the months of December 2014 through February 2015, there was an increase in the number of first-time buyers making a down payment of 6% or less as compared to last year: 2014: 61% of first time home buyers 2015: 66% of first [...]
We recently reported that investment purchases in 2014 fell 7.4% for the year, that combined with a diminished supply of distressed inventory allowing for big profits, has real estate investors looking for a new way to make more money in 2015. So if they don’t have new properties to buy… how would they make more [...]
Some Highlights: Even a small increase in interest rates drastically impacts your budget. Securing a mortgage now while rates are still low means you can get more house for your money. Spend your money on your dream home, not on interest. Are you looking to purchase a home? Let us show you how to find [...]
Matthew Rognlie, from the Department of Economics at MIT, recently released a paper:Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has been for the last fifty years a major component to family wealth. An article on the study in The [...]
This month, Freddie Mac is scheduled to start buying mortgages with down payments of only three percent – the first time down payments have been this low on Freddie Mac loans in nearly five years. The program is called Freddie Mac Home Possible AdvantageSM. In a recent Executive Perspectives, Dave Lowman EVP, Single-Family Business Freddie Mac, [...]
Home Buying Checklist - The Importance of getting a home inspection. When buying a home and while in the escrow process. You're typically afforded the right to a home inspection. It is highly advisable to conduct that inspection as soon as possible once your offer is accepted. Never waive your inspection or "have a friend [...]
