While businesses have fallen on hard times during the past few months, there are signs that the economy is going to start to recover quickly. This could mean that homebuyers are entering the market again as well. With summer being a historically hot time for homebuyers all over the country, there are a lot of experts saying that buyers need to get ready for a bidding war. There are not a lot of homes on the market right now, as sellers are still a bit reluctant to put their homes back on the … [Read more...]
The Home Buyer Assistance Program Provides Assistance To Local First-Time Homebuyers
Recently, the local region’s subcommittee held a meeting using videoconferencing and discussed a new version Home Buyer Assistance Program. The Home Buyer Assistance Program has been designed to help first-time homebuyers by providing a down payment of up to $25,000. The funding for the Home Buyer Assistance Program is going to come from the city’s reparations fund. The local city council agreed to deposit up to $10 million in tax revenue from the city into this fund. It appears that … [Read more...]
Comparing An Online And Offline Home Loan Application
The internet has changed how many people shop for a home and one of the most important issues that people will face is whether to fill out a home loan application online or offline. While there is something to be said for going to the loan officer in person and filling out the application with the help of a professional, some people might find the online option to be more convenient. With this in mind, it is important to compare some of the ways in which an online versus an offline home … [Read more...]
What Is The Impact Of COVID-19 On Home Value?
It is no secret that the COVID-19 pandemic has had an impact on everyone; however, there are a few impacts that are being overlooked. In addition to the public health crisis and the tanking of the stock market, there are also impacts of the virus on people’s home values. Some of these impacts have been positive while others have been negative. Regardless, it is important for everyone to understand how these impacts might impact someone’s home value, particularly for those who are … [Read more...]
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