Blog – Page 554 of 622

14 Nov 2018

How To Handle Common Homeowner Challenges

Real EstateHome Renovations, Home Repairs, Real Estate

It takes hard work to achieve the American Dream of homeownership. Everyday people work to save for a down payment and build a good credit score. When you turn the key to your first home or dream home, the sweat equity feels well worth it. But the hard work of buying a home continues long after hanging family photos and hooking up a big-screen TV. There are challenges that property owners are unprepared to handle. These are three of the more common ones you may want to be ready to manage. Leaking Pipes Plumbing does not last forever and at…

What’s Ahead For Mortgage Rates This Week – November 13th, 2018

Financial ReportsFinancial Reports, Interest Rates, Mortgage Rates

Last week's scheduled economic news was slim last week. The Federal Open Market Committee of the Federal Reserve issued its post-meeting statement, weekly readings on average mortgage rates and first-time jobless claims were also issued. FOMC: Fed Target Rate Unchanged, but Expected to Rise in December The Federal Open Market Committee of the Federal Reserve announced that it did not raise the target federal funds rate but set the stage for raising the benchmark rate n coming months. The current range for the Fed rate us 2.00 percent to 2.00 to 2.25 percent. The Fed expects to increase rates three times…

3 Critical Tips for Buying a Home in a Short Sale

Real EstatePre-Approval, Real Estate, Short Sale

You just found your perfect home, and you feel like everything is right including the price. But, what could be wrong with your ideal home? Maybe, it is being sold as a short sale, and that could present a major challenge if you want to become be the eventual homeowner. Short sales are different from other conventional real estate transactions since the property in question is usually listed at a price that is much lower than the amount of the outstanding mortgage debt. Unlike a regular sale, the homeowner must obtain permission from the lender before proceeding with the transaction.…