Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there’s still a common myth that you have to come up with 20% of the total sale price for your down payment. This means people who could buy a home may be putting their plans on hold because they don’t have that much saved yet. The reality is, whether … [Read more...]
Want to Build Wealth? Buy a Home This Year.
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these measurements, recent studies show that it’s still more affordable to own than rent in most of the country. There is, however, another financial … [Read more...]
Turn to an Expert for the Best Advice, Not Perfect Advice
As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines are being issued, we still have a long way to go. It’s at times like these we want exact information about anything we’re doing. That information brings knowledge, and this gives us a sense of relief and comfort in uncertain times. If you’re … [Read more...]
Jan 2021 Investor Owner Newsletter
Here is our January 7th, 2020 Email Update about Real Estate in Northwest Atlanta (primarily Woodstock, Canton, Roswell, Acworth, Alpharetta and parts of Marietta.) The two senate runoffs are finally over. We can now watch TV again without being inundated with ads and I am getting 50 fewer text and emails a day ☺ Covid is now the predominant discussion with a big hope that the vaccines will help us return to a new normal. We are seeing people just starting to get the vaccine shots. … [Read more...]
5 Predictions about Real Estate that you need to know now!
I know... it's not January 1st, but this is urgent. So I broke out my crystal ball... Here are the things you absolutely must tell them. Feel free to copy/paste into your own blog or email newsletter and quote me. So if I'm wrong, it's not your fault: Prediction #1 - Each homeowner has a LAST IN A LIFETIME CHANCE to get locked in on a 30-year fixed new mortgage for well UNDER a 3% interest rate. The 15-year rate (same article) is 2.37% average today. My prediction is this is a ONCE IN A … [Read more...]
