There was a time when a higher percentage of people were married before they committed to buying a home together, but it's a lot more common to co-habit and invest in a home together. If you're considering the commitment of a mortgage without being married, here are some things to be aware of before you start searching the market. Relationship Status Won't Affect Your Rates It might seem like there are greater risks involved if two individuals purchasing a property are not legally bound, but it … [Read more...]
5 Major Red Flags to Watch for When You’re Touring an Open House
An open house is one of the best opportunities a potential homeowner will have to take stock of a home and determine if it will work for them. However, it can also be a good opportunity to discover some glaring red flags that might make it a less worthwhile investment. If you're currently perusing the open houses in your neighborhood, here's some things you should make sure to watch out for. A Selling Hot-Spot It's well and good if you love the home you visit, but 'location, location, location' … [Read more...]
What’s Ahead For Mortgage Rates This Week – January 2, 2017
Last week's economic reports were in short supply due to the Christmas holiday. Events reported included Case-Shiller home price indices, pending home sales and weekly readings on mortgage rates and new jobless claims. Consumer confidence was also released. Case-Shiller Readings Indicate No Slowdown in Home Price Gains Case-Shiller's October readings for its home price indices showed continued growth in home prices. In spite of rising home prices and mortgage rates, high demand for homes … [Read more...]
Selling Social: How to Leverage Your Social Network to Sell Your Home Faster
There were days when the marketing of a home involved plunking a sign into the front yard, but with the power of the Internet, there are many mediums through which home sellers can find potential buyers. If you're currently looking at ways to use the power of social media in order to get your ideal purchase price, here are some things you can do to best harness its capabilities. Make A Facebook Page According to the social market service provider, Postling, approximately 80% of real estate … [Read more...]
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