With a high volume of millennials set to enter the real estate market this year, it may seem like all the available options out there were created to snag new home buyers. However, there are products available on the market that cater to those who are in their golden years too. If you're older than 62 and are currently weighing the options with your mortgage, here are the basics on reverse mortgages and why they might positively benefit you. The Scoop On Reverse Mortgages It may seem like this … [Read more...]
Did You Know: With a Little DIY Work, That Garage Can Be Used for More Than Just Your Car
Along with the family vehicles, the garage may be the place where all of the things you don't want in your house go to disappear. However, you might not be aware that there are a number of DIY hacks you can use for your garage that will instantly make it a more useable space. If you're wondering how you can fit more in while improving the aesthetic appeal of your garage, here are some tricks to test out. Give Your Garden Tools Space The pile of garden tools that often sit in the corner of the … [Read more...]
Case-Shiller: Home Price Growth Slows in April
Case-Shiller's National Home Price Index indicated slower home price growth in April. Year-over-year, home prices rose 5.50 percent in April as compared to 5.60 percent in March. Year-over-year readings are calculated on a seasonally-adjusted annual basis. Case-Shiller's 20 City Home Price Index was also lower with a seasonally-adjusted year-over-year reading of 5.70 percent gain in April as compared to the year-over-year March reading of 5.90 percent. Seattle, Washington held on to its lead for … [Read more...]
Want a Quick Mortgage Approval? Come Prepared With These 5 Key Items
Whether you're finally prepared to get into the real estate market or you want to know how you can make a deal quick, there are a few necessary documents you'll need to prove your reliability to a mortgage lender. If you're wondering what will be involved in getting the application approval you're looking for, here are the documents you'll want to have on hand when the time comes. Previous Tax Returns In order to ensure the earnings information you've provided to the lender, you'll have to have … [Read more...]
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