03 Jun 2020
By RESCO Realty

3 Questions Not To Ask Your Real Estate Agent

Real Estate
It's an exciting time when you're buying or selling your home and your real estate agent is your partner in this real estate endeavor. But there are some questions that your agent can't or won't be able to answer for you. These are the top three questions not to ask your real estate agent.  1. How High Will The Buyers/Sellers Go? Knowing that your agent is in touch with their agent, you might think your agent knows the highest amount the prospective buyers or sellers will go. This question is problematic for several reasons. First, would you want your agent to divulge how low…
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29 May 2020
By RESCO Realty

Loan Programs For Lower Income Buyers

Real Estate, ,
Owning a home may be the American dream, but for many who are in a lower income bracket, finding a loan can become challenging. Thankfully, there are several loan programs that can work well for lower-income people considering homeownership. Here's a closer look at some of these home loans designed to help people who have a low-to-moderate income find a way to buy a home. FHA Home Loans FHA home loans are loans backed by the Federal Housing Administration. Lenders are more likely to lend to "higher risk" borrowers through the FHA loan program because the loans have the FHA's…
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28 May 2020
By RESCO Realty

Multigenerational Housing ? Buying A Home For Your Parents To Live With You

Real Estate, ,
Multigenerational housing is a growing trend that is propelled by the “graying of America.” This trend is the mirror image of children who become adults still living with their parents. Instead, with multigenerational housing, the adult children invite their parents to live with them. Many are seeking to buy larger homes to accommodate the needs of their young family, while also being able to live together with their parents. Older Homeowners And Multigenerational Homes Are Increasing The numbers are staggering. Realtor.com® reports that for the next 20 years, older adults, over the age of 65, will increase from 26% to…
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