Blog – Page 615 of 659

02 Aug 2018

What You Need To Know About Short Sales

MortgageMortgage, Pre-Approval, Short Sale

On the surface, a short sale seems like the perfect deal. However, before you take the plunge, you need to understand how this type of home purchase works. What Is a Short Sale? A short sale is a home sale in which the homeowner is selling the home for less than he or she currently owes on the mortgage. In most cases, this means that the buyer is paying less for the home than it's worth, which leads to instant equity. Short sales allow homeowners to get out from under mortgages without damaging their credit as much as a foreclosure.…

Long-Distance House Hunting Tips

Real EstateLong Distance, New Home, Real Estate

Hunting for a house is stressful enough even if you are moving to another part of town. However, when you are searching for a house from afar, it can make the task of finding the right home for your needs seem almost impossible. Fortunately, in today's high-tech world, you have an array of tools available right at your fingertips that can make it easy to find the perfect house for your needs. So, even if you are looking for a home thousands of miles away, you can do so quickly and with minimal fuss. Partner With The Right Real Estate…

What’s Ahead For Mortgage Rates This Week – July 31st, 2018

Financial ReportsFinancial Reports, Interest Rates, Mortgage Rates

Last week's economic readings included reports on sales of new and pre-owned homes, mortgage rates and first-time jobless claims. New Home Sales Slide; Pre-owned Home Sales Meet Expectations Commerce Department reported lower sales of new homes in June. Sales were expected to reach 666,000 sales on a seasonally adjusted annual basis, but the actual reading slipped by 5.30 percent to a pace of 631,000 new home sales. Analysts cited higher building costs, home prices and mortgage rates sidelined some buyers. Concerns over inadequate inventories of available homes also impacted sales of newly-built homes. New homes sold at a rate 6.90…