What Is the Probability That Home Values Sink?
With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts...
Do you know the terminology and language of buying a home?
Pre—Approval letter- A letter from a lender indicating you qualify for a mortgage of a specific amount.Credit Score – A number ranging from 300-850 that is based on an analysis of your credit history. Helps lenders determine the likelihood that you’ll repay future...
Purchasing a Home Loan
Purchasing a home loan!!! Home loans are at their lowest levels since 2007. As of August 16, 2019 the following chart will give you an idea of what it will cost to finance a home loan. Of course rates change daily and it is a good idea to speak to a lender for your...
Key Issues to Address Before You Buy a House
If you intend to purchase a house soon, it helps to prepare for the home buying journey. In fact, if you identify potential issues before you start your quest to find your dream home, you could avoid them during your property search.Now, let’s take a look at...
Why Homebuyers Need to Assess Real Estate Market Data
If you plan to pursue your dream house, it generally helps to evaluate housing market data. In fact, there are many reasons why homebuyers should assess real estate market data, and these include:1. You can learn about mortgage interest rates.Mortgage interest rates...