Secondary Mortgage – A Double-edged Knife
Do you know that with real estate, you can take another home loan on top of your primary mortgage? Even if you do or do not know, this piece of information is useful to a certain degree if there is …
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The Escrow Process – What Homebuyers Must Know
When buying or selling a property, the real estate escrow process is an essential component of the transaction. The escrow process is a method of ensuring that both the buyer and seller fulfill their obligations and that the transaction proceeds …
How To Buy Your First Rental Property in 2023
Thinking about investing in a rental property? What a great thought you have there. However, unlike your first home, purchasing investment homes requires more than just your interests but also all of your real estate knowledge and a business mind. …
8 Effective Ways To Increase Your Saving For a House
Putting together a sizable saving to purchase a home is an incredibly hard thing to achieve. However, it is not entirely impossible if you have a solid game plan and clear understandings of the processes and end goals. As a …
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Mortgage 101 for First-time Home buyers
A mortgage is a loan issued by a lender, private or public, for applicant to purchase a home. The mortgage size that homebuyers typically borrow can range between hundreds to millions of dollars. Of course, there’s no such thing as …
Home Prices will Keep Falling – But That’s Pretty Much It
What a time we’re living in! 2022 is truly an emotional rollercoaster for all homeowners, homebuyers, sellers, and investors as the U.S. Federal Reserve has taken some bold moves to fight inflation. With multiple rate hikes along with numerous of …
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The New Construction Home Market Dilemma
Within the most recent years, New Construction Home has become quite a popular option among Homebuyers, especially younger buyers, due to many positive and convenient aspects with very little drawbacks. If you are not familiar with New Construction Homes, they …
First-Time Homebuyer Guidelines: Steps By Steps
Purchasing a home, to some people, may sound simple but yet in reality, it is quite a challenge due to an overwhelming amount of planning, tasks, and even strategies. A home, at the end of the day, is one of …
Is Leasing still worse than Owning a Home?
In May, with the Fed’s attempt to fight inflation, our 30-year term fixed mortgage rates hovered near 5.25% and in June, they flirted with the 6% rate, which are cooling the demand for all types of home sales. Fewer home …