Whether you’re just starting to shop for a new home or you’ve already found the perfect new house and you’re ready to submit an offer, if you’re taking out a mortgage loan to cover some of the home’s purchase price you should be aware of the various closing costs you may encounter.
Entries from November 2014
Buying a Home with a Mortgage? A Quick Guide to Closing Costs and What to Expect
November 28th, 2014 · Comments Off on Buying a Home with a Mortgage? A Quick Guide to Closing Costs and What to Expect
Tags: Home Mortgage Tips
Case-Shiller Home Prices: Price Growth Slows in September
November 26th, 2014 · Comments Off on Case-Shiller Home Prices: Price Growth Slows in September
According to the Case-Shiller National Home Price Index, annual home price growth slipped to a seasonally-adjusted rate of 4.80 percent in September. This was 0.30 percent lower than August’s year-over-year reading of 5.10 percent.
Tags: Market Outlook
You Ask, We Answer: Should I Consider a Warranty when Buying a New Home?
November 25th, 2014 · Comments Off on You Ask, We Answer: Should I Consider a Warranty when Buying a New Home?
In today’s blog post we’ll briefly explore home warranties including some of the pros and cons of buying one and how they differ from homeowner’s insurance.
Tags: Home Buyer Tips
What’s Ahead For Mortgage Rates This Week – November 24, 2014
November 24th, 2014 · Comments Off on What’s Ahead For Mortgage Rates This Week – November 24, 2014
Last week’s scheduled economic news included the NAHB/Wells Fargo Housing Market Index, Housing Starts and Existing Home Sales. FOMC meeting minutes were released along with weekly Freddie Mac mortgage rates and weekly jobless claims.
Tags: Market Outlook
The 3 Minute Guide to Real Estate “Flipping” and How to Get Moving Today
November 21st, 2014 · Comments Off on The 3 Minute Guide to Real Estate “Flipping” and How to Get Moving Today
If you’ve been thinking about investing in a real estate project you may have considered buying a distressed house or two at a steep discount in order to fix them up and sell them at a higher price. This is known as “flipping”, and in today’s post we’ll share a quick guide to flipping homes and how to get started with this type of real estate investing.
Tags: Home Buyer Tips
FOMC Minutes: Economy Growing, Housing Lags
November 20th, 2014 · Comments Off on FOMC Minutes: Economy Growing, Housing Lags
Minutes of the Federal Open Market Committee (FOMC) meeting held October 28 and 29 were released Wednesday. The report suggests that the U.S. economy continues to improve, although the annual inflation rate remains near 1.50 percent and short of the committee’s goal of 2.00 percent.
Tags: Market Outlook
Failed Negotiations: What to Do when the Seller is an Immovable Object
November 19th, 2014 · Comments Off on Failed Negotiations: What to Do when the Seller is an Immovable Object
Once you’ve found the perfect new home and delivered your first offer to the seller, you may find that they return with a counteroffer or a flat out refusal. In this blog post we’ll share a few ways to manage an unreasonable or stubborn home seller so you can get the deal closed.
Tags: Home Buyer Tips
Selling Your Home? Give Your Bathrooms a Facelift with These Three Quick Tips
November 18th, 2014 · Comments Off on Selling Your Home? Give Your Bathrooms a Facelift with These Three Quick Tips
In today’s blog post we’ll share three quick tips for renovating or upgrading your bathrooms to freshen up their look before potential buyers start viewing your home.
Tags: Home Seller Tips
What’s Ahead For Mortgage Rates This Week – November 17, 2014
November 17th, 2014 · Comments Off on What’s Ahead For Mortgage Rates This Week – November 17, 2014
Last week’s housing related news was lean, with no scheduled reports released other than Freddie Mac’s primary mortgage market survey. We’ll start with some good news…
Tags: Chapter 7 Bankruptcy
How to Use a Mortgage Calculator to Determine Your Monthly Payments, Interest and More
November 14th, 2014 · Comments Off on How to Use a Mortgage Calculator to Determine Your Monthly Payments, Interest and More
Are you thinking about using a mortgage to buy a new home? In this blog post we’ll discuss mortgage calculators and how to use one of these tools to determine your monthly mortgage payments, interest charges, amortization periods and more.
Tags: Home Mortgage Tips