05 Apr 2022
By RESCO Realty

The Top Ways To Use Home Equity

Real Estate Tips, ,
Equity is a powerful tool. As homeowners pay off the mortgage, the amount of equity in the house grows. As the house appreciates in value, homeowners accrue even more equity. Then, homeowners can tap into this equity for a variety of purposes. What are a few of the ways homeowners might be able to use this equity?  Purchase A New House One of the top ways homeowners can use the equity in their existing home is to purchase a house that better suits their needs. Even though homeowners may find a house that is right for them now, it might…
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04 Apr 2022
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – April 4, 2022

Financial Reports, ,
Last week’s financial and economic reporting included readings from S&P Case-Shiller Home Price Indices, the  Federal Housing Finance Agency and the federal government reported on construction spending. Reports on public and private-sector jobs growth and the national unemployment rate were also published along with weekly readings on mortgage rates and jobless claims. S&P Case-Shiller: Home Price Growth Expected to Slow in 2022 National home prices grew by 19.20 percent year-over-year in January as compared to December’s year-over-year pace of 18.90 percent according to the monthly S&P Case-Shiller National Home Price Index. The 20-City Home Price Index revealed no change in…
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01 Apr 2022
By RESCO Realty

Thinking About Selling Your Home Without A Real Estate Agent? Don’t – Here’s Why

Home Seller Tips, ,
If you're considering selling your home in the near future, you may be tempted to simply cut out the middleman and opt for an FSBO sale. However, selling a home is a major undertaking, and most "For Sale By Owner" home sales run into obstacles. So why is an FSBO sale such a problem for most homeowners? Here are three reasons why you'll want an agent to represent you instead of going it alone. An FSBO Puts You At Risk Of A Lawsuit Selling a home involves mountains of paperwork, and in order to make the transfer of ownership legal…
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