It's Halloween today so thought I'd ask that simple question and take a moment to spin it to Real Estate Related scary... Which of these is "scarier" to you: 1) My house value will go down and my equity will disappear again. 2) Interest Rates will go up preventing me from refinancing and using some of my equity for something important I'd like to do/have. 3) Maintaining my older home is getting harder and more expensive. Just curious! Any of those strike a chord? - Donna … [Read more...]
Fixer Upper or Money Pit?
How to Choose the Right Fixer Upper And Still Profit If you’re looking to buy a fixer upper for your next home or as an investment it pays to take a few moments and really look at it with a critical eye. What may look like an easy profit may turn into a huge money pit. Here are some considerations when making your home buying decision. When buying a fixer upper, experts recommend looking for homes that need cosmetic improvements rather than structural changes or major renovations. … [Read more...]
Buying a Home Can Be SCARY…
Until you know the Facts! Check out just a few misconceptions below.... No, you don't always need 20% down! 44% put down LESS than 10! Your credit score does NOT need to be 780. AVERAGE Score was 731 (which means half is less than that!) Most loan applications ARE approved - nearly 72%! It is NOT cheaper to rent. Buying a home is 35% less expensive than renting! You also may have more equity than you think. Nearly 73% of homeowners have SIGNIFICANT equity! Ask for our help and we'll … [Read more...]
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