Buying a new home is exciting. Buying a brand new home can be even more so with the realization of being the first owner and possibly being able to choose your own layout and finishes. The prospect of owning new construction is definitely exciting, but it doesn't come without its own set of questions. If you're in the market for a new home, and considering new construction, make note of the questions below when you begin your property search. What Are The Long Term Plans For The Community? … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 14th, 2018
Last week's economic reports included readings on consumer prices, consumer sentiment and weekly readings on mortgage rates and new jobless claims. Consumer Price Index Increases in April Consumer prices rose by 0.20 percent in April according to the Commerce Department. Analysts expected prices to rise by 0.30 percent based on a negative reading of -0.10 percent in March. Core consumer prices, which exclude volatile food and energy sectors, eased to 0.10 percent growth in April after growing by … [Read more...]
New Home Buyer? Don’t Make These 3 Common Mistakes!
Looking for your new home can feel like a daunting task, especially if it's your first time going through the home buying process. Sometimes, all of the choices may feel overwhelming. You want to make the best decision for yourself and your family. Here's a quick list of three common pitfalls that some home buyers experience: Choosing to Skip the Inspection A home inspection is a necessity. This is your opportunity for a professional to uncover any potential problems in a property … [Read more...]
How To Turn A Profit Flipping Land Into Residential Property
Reality TV shows have inspired people to flip houses for profit. They make it look fun, easy and the type of business anyone with some capital can get into. Every once in a while, house-flipping episodes show an underperforming sale and a financial loss. That is why people in the flipping business need a cushion in case things don’t pan out. This brings us to a slightly different approach. Some speculators start out flipping land. Yes, that’s right. Land. Flipping Land Can Be Less … [Read more...]
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