Blog – Page 217 of 639

21 Mar 2023

An Overview Of A Wrap-Around Mortgage: What To Know

Real EstateLoan Approval, Real Estate, Wrap Around Mortgage

Are you having a difficult time qualifying for a traditional mortgage in the current market? If so, there are other options available, and a lack of financing can frustrate not only the buyer but the seller as well. For example, one option that you may have heard about is called a wrap-around mortgage. The entire goal of this mortgage is to help the buyer get financing to purchase the house while making sure the seller still turns a profit. What do you need to know about a wrap-around mortgage? What is A Wrap-Around Mortgage? A wrap-around mortgage is a specific…

What’s Ahead For Mortgage Rates This Week – March 20, 2023

Financial ReportsFinancial Report, Jobless Claims, Mortgage Rates

Last week’s economic reporting included readings on housing starts and building permits issued, the National Association of Home Builders Housing Market Index, and Fed Chair Janet Yellen’s Senate testimony. The Commerce Department reported on housing starts and building permits issued published, and a monthly reading on consumer sentiment was published. Weekly reports on mortgage rates and jobless claims were also released. Two bank failures instill fear in depositors In the aftermath of two bank failures last week, US Treasury Secretary Janet Yellen said that “the banking system is sound” during testimony to the US Senate last Thursday. When asked if…

How to Get Along With Your Homeowners Association

Real EstateCC&Rs, Homeowners Association, Real Estate

Rules and covenants of a homeowners association can be a bit overwhelming, especially for a first time homeowner. Understanding that the regulations are designed to protect the value of your home helps make some restrictions easier to live with. Homeowners Association CC&Rs, which stands for "covenants, conditions and restrictions," can be intimidating. But, with the growing number of communities and subdivisions that have existing HOAs, it's important to know what you're getting into before you buy a home. Associations Come In All Forms An association's goal is to maintain the ambience of the community and assure that home values are upheld.…