A real estate buyer’s financial viability is essential to a smooth transaction. However, bank letters are weak, can be easily faked - and they’re also biased. Plus, luxury home-buyers and investors aren’t fans of having to prove themselves to access a listing or receive financial statements. ... » Learn More about Certified Proof of Funds helps clients demonstrate the funds
Buying a home
A credit card’s impact on credit scores changed
Trying to get a home loan? You may want to consider paying off your credit card bill first. As a result of the latest change by major credit rating agencies, mortgage lenders are now able to examine whether you pay the balance of your bill on a monthly basis or keep a balance. Which means home ... » Learn More about A credit card’s impact on credit scores changed
Where’s all the starter properties? They’re rentals now!
The absence of starter home inventory for first-time home buyers has been documented over the past couple of years, with agents and brokers in all of the markets reporting that the pickings for entry-level buyers remains woefully slim even years after the Great Recession. Where's all the ... » Learn More about Where’s all the starter properties? They’re rentals now!
Perishing suburban malls develop into real estate paradise
You may soon be buying and selling a real estate inside malls. It's getting more common, as enclosed malls across the country expect to reinvent themselves. In addition, some communities discover that moving into a mall could be a boon for property values. Those massive, enclosed malls once ... » Learn More about Perishing suburban malls develop into real estate paradise
Don’t pay attention to home ownership level
For over a decade, the national home ownership rate has been declining. It peaked at 69.2% in 2004, but for the past Ten years, the rate continued to fall. Today the home ownership rate is less than 63%, the lowest in half a century. Some industry analysts are predicting further declines too, saying ... » Learn More about Don’t pay attention to home ownership level
