One of the necessary parts of buying or selling a home is getting a proper home inspection, which helps secure the sale and gives both parties peace of mind. I’ll put it this way: without a home inspection, buyers can easily overlook or miss key issues...
1-Local Realtors will know why some homes on the same street are worth more than others. 2-They can determine accurate prices on specific homes in the neighborhood. 3-They may know who previously owned homes in the neighborhood, and why they sold them. 4-They know which streets in a...
Last year, 2020 - the ultimate “June Gloom”. This year, 2021 is bringing us “June Bloom”! See the red demand line in the chart coming down? How about the blue supply line that has just begun to sideways? Historically speaking, summer is a busy season for...
Supply & Demand Active listing count in ARMLS is the lowest ever, with only 4364 properties for sale. The average number of active listings for this millennium is 28,539! Last year finished as the 2nd highest number of sales through MLS; 105,368. The record in 2005 was...
Title insurance is a mortgage term we’ve all heard when buying real a house, but what exactly is it? Why is it necessary? Simply explained, title insurance is another form of insurance for your home. Just as flood insurance and homeowner’s insurance protects against loss from...
For most people, changing employers will not really affect your ability to qualify for a mortgage loan, especially if you are going to be earning more money. However, for some homebuyers, the effects of changing jobs can be disastrous to your loan application. How Changing Jobs...
Unless you’ve been involved in several real estate transactions, or you work in the field of real estate, you may not understand exactly what closing costs entail. You’re not alone, as these costs can be confusing to those not in the know. Here’s a crash...
If you’re thinking of buying a house, now is a great time to take advantage of the affordability that comes with low mortgage rates. This is especially great news for many buyers who were unable to purchase last year, or earlier this year due to...
With mortgage interest rates at an all-time low, many first-time homebuyers are ready to buy. But are you really ready? Why Do I Want to Buy a House? Before you start house shopping, ask yourself why you want to buy a house. Many first-time homebuyers are pressured...
Buying a home is often referred to as the “American Dream.” While there are many obvious benefits of owning a home, there are also some that are not so obvious. 1-Stable Monthly Payments If you choose a fixed-rate mortgage, then your monthly payments will remain mostly the...