Are you in the market for a new house? In a buyer’s market, finding and closing on a beautiful home can seem very easy. However, if you are shopping when the market is hot, you may end up fighting bidding wars and losing your dream home to a competing buyer. Let’s take a look at four tips that you will need to be successful when house hunting in a hot local real estate market.
Entries from January 2018
Buying a New Home in a Hot Real Estate Market? Here Are 4 Tips You Will Need to Be Successful
January 17th, 2018 · Comments Off on Buying a New Home in a Hot Real Estate Market? Here Are 4 Tips You Will Need to Be Successful
Tags: Home Mortgage Tips
What’s Ahead For Mortgage Rates This Week – January 16, 2018
January 16th, 2018 · Comments Off on What’s Ahead For Mortgage Rates This Week – January 16, 2018
Consumer prices fell from November’s reading of 0.40 percent growth to o.10 percent growth in December, which matched expectations. The Core Consumer Price Index, which excludes volatile food and energy prices, dropped to 0.30 percent from November’s growth rate of 0.40 percent. Analysts expected a Core CPI reading of 0.20 percent for December.
Tags: Mortgage Rates
Looking to Buy a Home in 2018 and Don’t Know Where to Start? Here’s a Few Tips
January 12th, 2018 · Comments Off on Looking to Buy a Home in 2018 and Don’t Know Where to Start? Here’s a Few Tips
Are you a renter that has become tired of paying someone else’s mortgage and not building any equity? Or a homeowner who has a growing family and is in need of more space? Whatever the case, if you are in the market for a new home there is no time like the present. Let’s explore a few tips that will help you to prepare for the home buying experience.
Tags: Home Buyer Tips
Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount
January 11th, 2018 · Comments Off on Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount
Are you making an offer on a new home in a hot housing market? If so, one possibility is that you are going to end up bidding against other buyers who are looking to buy the same home. Unfortunately, in some cases bidding wars are inevitable, and they can be a significant source of stress. Let’s take a look at three ways that you can win a bidding war without having to spend more than you can afford.
Tags: Home Mortgage Tips
How to Run a Quick Financial Health Check Before You Apply for a Mortgage
January 10th, 2018 · Comments Off on How to Run a Quick Financial Health Check Before You Apply for a Mortgage
Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let’s take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage.
Tags: Home Mortgage Tips
Can I Buy a Piece of Land and Build a House on It With a Mortgage? Yes — Here’s How
January 9th, 2018 · Comments Off on Can I Buy a Piece of Land and Build a House on It With a Mortgage? Yes — Here’s How
Have you been hunting for a new house without finding one that suits your needs? If so, one option that you may want to consider is building a new construction home on a choice piece of land. In today’s blog post we will explore a few different mortgage options for those who are looking to build a brand-new home.
Tags: Home Mortgage Tips
What’s Ahead For Mortgage Rates This Week – January 8, 2018
January 8th, 2018 · Comments Off on What’s Ahead For Mortgage Rates This Week – January 8, 2018
Last week’s economic reports included readings on construction spending, minutes of the most recent meeting of the Fed’s Federal Open Market Committee. Labor reports including ADP, Non-Farm Payrolls, and national unemployment were released along with weekly readings on mortgage rates and new jobless claims.
Tags: Mortgage Rates
The Mortgage Helper: How to Find the Perfect Tenant for Your Basement Suite
January 5th, 2018 · Comments Off on The Mortgage Helper: How to Find the Perfect Tenant for Your Basement Suite
Do you have an empty basement or separated suite in your home? If you have a suite sitting empty, you are missing out on collecting some extra monthly income in the form of rent. Let’s take a look at a quick four-step process that will help you find the perfect tenant to rent out your basement suite.
Tags: Around The Home
Buying a Rental Property? These 4 Key Tips Will Ensure You Buy One That Turns a Profit
January 4th, 2018 · Comments Off on Buying a Rental Property? These 4 Key Tips Will Ensure You Buy One That Turns a Profit
Are you starting to grow bored of watching your money go nowhere sitting in a bank account? With today’s interest rates doing little to encourage saving, many individuals are looking elsewhere for new investment opportunities. In today’s blog post we’ll share four essential tips for buying a profitable rental property. Let’s get started.
Tags: Home Buyer Tips
The Pros and Cons of a Large Down Payment When Buying a Home
January 3rd, 2018 · Comments Off on The Pros and Cons of a Large Down Payment When Buying a Home
If you are in the market for a new home, one of the considerations you will need to make is how much to invest in your down payment. Let’s take a quick look at some of the pros and cons of making a large down payment when buying your next home.
Tags: Home Mortgage Tips