Tag Archives: mortgage

Low Inventories Indicate a Trend

Low inventory is a relative term depending on how you’re comparing it. Would the comparison be to total number of homes on the market last year, homes in a certain price range or homes in a certain area? In some … Continue reading

Posted in Buy Home as Investment, Buy to Rent, Buyers Market, Buying a Home, Buying vs. Renting, Cheaper than rent, Content Insurance, How to buy a home, Owning a Home, Rents Rising, Sellers Market, Why Buy a House | Tagged , , , , , , , , , , | Leave a comment

Refinancing Again

We’re constantly bombarded by lenders to refinance our mortgage under a variety of programs. The volume of offers can almost make you numb to the rational consideration. There are common rules of thumbs that homeowners and agents use such as … Continue reading

Posted in Benefits of refinancing, How to refinance, Owning a Home, Refinancing, Time to refnance | Tagged , , , , , | Leave a comment

More Expensive Than Expected

The 3.5% down payment on FHA loans could be more expensive for buyers than expected. Beginning April 1, 2013, the mortgage insurance premium will go up by .1% to 1.35% which may not even be noticeable to most would-be homeowners. … Continue reading

Posted in 30 year mortgge, Buy Home as Investment, Buy to Rehab, Buy to Rent, Buying a Home, Buying vs. Renting, FHA Loans, How to buy a home, Human Interest, Investment | Tagged , , , , , , , , , | Leave a comment

Sooner is Better than Later

Buyers who have delayed purchasing a home due to concerns about what might happen to the tax laws affecting home ownership should feel comfortable about getting back in the market. The recent legislation passed by Congress and signed by the … Continue reading

Posted in "Fiscal Cliff", 30 year mortgge, Buy Home as Investment, Buy to Rehab, Buy to Rent, Buying a Home, Cheaper than rent, How to buy a home, Human Interest, Investment, Owning a Home, Rents Rising, Why Buy a House, Writing an offer | Tagged , , , , , , , , , | Leave a comment

Avoiding Unexpected Expenses

It’s common for sellers to consider offering and buyers might find it an incentive, but a growing number of homeowners are purchasing the home warranties themselves to limit the unexpected expenses of repairs and replacements. A home protection plan is … Continue reading

Posted in Buy Home as Investment, Buy to Rehab, Buy to Rent, Buying a Home, Caring for Home, Home Protection Plan, Home Warranties, Owning a Home, Selling a Home, Why Buy a House | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Today in History November 12

1954 Ellis Island Closes 1864 Beginning of the destruction of Atlanta in the Civil War 1775 Abigail Adams leads rhetorical charge against Britain. 1980 Voyager I flies near Saturn 1889 DeWitt Wallace founder of my favorite¬†magazines -“Reader’s Digest” was born … Continue reading

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Why Buy A House-Reason 2

Forced Savings! Yep, forced savings.¬† A good kind of force.¬† All those mortgage payments are slowly increasing the amount of equity (home value minus mortgage) you have in the home. Compare to Rent- What Savings…money gone bye-bye forever. If you … Continue reading

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