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.
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
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
What’s Ahead For Mortgage Rates This Week – January 2, 2018
January 2nd, 2018 · Comments Off on What’s Ahead For Mortgage Rates This Week – January 2, 2018
Last week’s economic readings included Case-Shiller Home Price Indices, pending home sales and consumer confidence. Weekly readings on mortgage rates and new jobless claims were also released.
Tags: Mortgage Rates
Having Trouble Getting Buyers to Close? Your Pricing Might Be the Problem
December 29th, 2017 · Comments Off on Having Trouble Getting Buyers to Close? Your Pricing Might Be the Problem
Are you experiencing problems with selling your home? A slow sale is no fun, especially if you need a quick sale due to a move or for financial reasons. If you are having some trouble getting potential buyers to stick around, pricing might be the issue. Let’s explore a few reasons why.
Tags: Home Seller Tips
Case-Shiller: Home Prices Rise in October
December 28th, 2017 · Comments Off on Case-Shiller: Home Prices Rise in October
According to Case-Shiller national and 20-city home price indices for October, home prices continued to rise. National home prices rose 0.70 percent for the three months ending in October. Year-over-year, national home prices increased by 6.20 percent. The 20-City Home Price Index also rose by 0.70 percent in October and reported a year-over-year increase of 6.40 percent.
Tags: Housing Market