This week got me thinking. I am often sharing with you the advantages of this market for home sellers, which is unbelievably positive. With that said, I thought I’d take some time to give the potential buyers in our marketplace some love, hope, and of course, data!
Read moreWhy Rent If You Can Buy
Home ownership rates are the lowest they have been in the last 50 years. Yet a large portion of Americans are still renting properties, instead of enjoying a home of their own. Consumer reports believe this is an issue because of a buyer's lack of trust in their ability to purchase. It is still a long standing notion that a buyer needs 20% towards the cost of the home in order to move forward, but this isn't true.
Read moreConsequences of Missing a Mortgage Payment
Image credit: TheStreet.com
A mortgage is an important financial commitment that homeowners make and the payment is often the most expensive in the household budget. From time to time people may suffer from financial stress and be tempted to skip a mortgage payment to make ends meet. Read on for valuable information on why it is imperative to keep your mortgage payments consistent and the consequences if they are missed.
Read more10 Common Mistakes of First Time Home Buyers
Source: LouisvilleRealty
Being a first-time home buyer is an exciting time as you prepare for your future in a beautiful new home! It’s easy to get wrapped up in the fun of house hunting, that you forget to think about some important things. From hidden costs, to realtor quality, here are 10 common mistakes first-time home buyers make and ways to overcome them!
Read moreTop Reasons Why A Real Estate Closing Is Delayed
A very common real estate myth that both buyers and sellers often believe is that the closing date in a real estate purchase contract is actually when the closing will occur. However, most dates in a real estate contract are "soft" dates. Since both a buyer and a seller agree to a target closing date in the purchase contract it is great when a closing actually happens on or before that date, but it isn’t always possible.
Read more8 Reasons You Should Buy Instead of Rent
One of the best reasons why owning a home is great is that at the end of the day, it’s yours to do with what you wish. Sure, you may have to take out a great big loan, but with every monthly mortgage payment you’re getting one step closer to total ownership, and you’re building equity, too.
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