Making monthly house payments on a median-priced home—including mortgage, property taxes and insurance—is more affordable than the fair market rent on a 3 bedroom property in 354 of the 540 (66%) counties analyzed in the 2017 report released by ATTOM Data Solutions. Counter to that, renting is more affordable than buying in 186 of the 540 counties analyzed (34%).
8 PREDICTIONS FROM THE FORBES EXPERTS Prices will continue to rise, but more slowly. Prices rose every month last year (through October) with the largest gains coming in the later half. Experts expect prices will continue their climb, but gains will slow.
Why guess when you don’t have to? Let us prepare FREE, COMPLIMENTARY, NO OBLIGATION professional analysis of your property’s current market value and the approximate net proceeds you would receive upon the sale of your home. We’d welcome the opportunity to be of service to you. Give us a call and we will set an appointment at your convenience.
Prices Will Continue To Rise, But More Slowly County Highs and Lows Sacramento County sales decreased 1% (1,428 from 1,442) from November to December 2016. Pending sales were down 9.4%. Inventory was down 24% (1,510 from 1,989) units.
Bad credit home loan are home equity loans issued against low credit rating. Credit companies keep a track on people’s credit scores by following their credit payments. Missing payments or late payments can cause low credit ratings. Credit ratings are lowest when the individual has declared bankruptcy. The rates for bad credit home equity loans keep fluctuating based on the state of the national economy.
The hassle of making two monthly mortgage payments has prompted many homeowners to consider refinancing their 1st and 2nd mortgages into one loan. While combining both loans into one mortgage is convenient, and may save you money, homeowners should carefully weigh the risks and advantages before choosing to refinance their mortgages.
Let’s get down to brass tacks with the home buying process. You as a buyer are spending a lot of money and have the right to be comfortable and happy with your purchase right? Of course you do. So essentially the question is what needs to be done in order to ensure that this is so? Well, probably the most important things is communication. It’s a good idea to remember that your REALTOR® is there for more than simply helping with some contracts.
The wonderful world of home buying can sometimes overwhelm the first time home buyer. They are inundated with information riddled with terms of art. ARMS, points, interest rates, good faith estimates, pay-downs, lock-in dates, so on and so forth. Though some or all of these terms may seem somewhat foreign to you, do not get overwhelmed, there are simple explanations for each and every one of them.
Buying a home is a stressful and emotional affair. You can avoid the home buying blues by keeping your cool at closing.
I’ve just come from a settlement table at which a friend bought a new condo. It’s beautiful, convenient and just what she wanted. However, at the settlement table she and a relative whom she clearly loves got into a tiff with each other. What should have been a happy occasion was almost spoiled. Thank heavens they got themselves together and the situation was saved, but arguments and hurt feelings are frequent at settlement tables and on moving day. It doesn’t have to be that way.