28 Feb 2019
By RESCO Realty

11 Simple Ways To Save Money Toward The Purchase Of Your New Home

Real Estate, ,
If you find it difficult to make ends meet, these tips will help you save money in ways that are easy to do and create substantial savings over time. Declutter Get rid of stuff you do use or need by having a garage or yard sale or by putting things for sale on eBay or Craigslist. Make Your Own Coffee Do you really want to make that billionaire richer by buying coffee for $5+ a cup? Make your own gourmet coffee that costs around 50 cents per cup for the same thing. Bring Your Own Lunch Making your lunch the…
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21 Feb 2019
By RESCO Realty

5 Ways Bridge Loans Help Real Estate Investors Increase Profits

Real Estate, ,
Bridge loans, which are also commonly referred to as interim financing, gap financing or swing loans, help a motivated home buyer to secure financing before their home or investment property sells. Lenders can usually modify these flexible loans to accommodate a person's unique needs. Current real estate market conditions allow savvy investors to make big profits as long as they can move quickly on good opportunities. Low inventories of existing homes and slower than normal construction developments have combined to drive the median home price across the US to $223,900. This represents a 7.6% national average increase through 2018. Market…
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20 Feb 2019
By RESCO Realty

The 2019 Housing Market, While Still Risky, Isn’t All Bad for Buyers

Real Estate, ,
Many new buyers start looking for homes in the spring. The question in 2019 is whether buyers can afford available inventory or want to buy given changes to the tax code and increase in natural disasters.  Interest Rates The 30-year-fixed interest rates have been trending lower recently. This reduction in interest rates, coupled with a slowdown in the resale housing market, is working in the buyer's favor in some areas. Talk with your trusted real estate professional and mortgage lender to get the specifics for your area and situation.  Affordability Inventories of available homes are on the rise, but still…
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