In a new alternative mortgage plan, a company buys homes for those who have low credit and enables them to start earning equity through rent payments. However, if home prices unexpectedly fall, renters may move on, new owners might face foreclosure and companies could collapse. Could New ... » Learn More about Alternative Loans – Another Crisis?
Home Ownership
5 Winning Hints for Writing an Offer Letter
In certain hot housing markets, including a letter with your formal offer to purchase a home is all but required. Unfortunately, Hallmark doesn’t make a card for the occasion (yet). Here are a couple of tips: 5 Winning Hints for Writing an Offer Letter 1. Get ... » Learn More about 5 Winning Hints for Writing an Offer Letter
From Summer Blues to Harvest Hues
Solutions to Transition a Backyard Into a Haven Buyers Will “Fall” in Love With. Daylight is dwindling, temperatures are dropping; it’s time for you to cover up the grill, toss the flowers and retire the patio furniture to the garage, right? Not too fast! Keep in mind that backyard appeal can be ... » Learn More about From Summer Blues to Harvest Hues
Rates On Mortgages Hold Steady
The 30-year FRM inched a mere .01 percentage points higher this week to wind up at 3.65%, while the 15-year version fell .02 percentage points to 3.14%. U.S. long-term rates on mortgages held steady this week, supplying a potential boon to home-buyers amid an uncertain economic ... » Learn More about Rates On Mortgages Hold Steady
Need for Housing Increases in August 2019
As outlined in the August 2019 RE/MAX National Housing Report, buyer demand continues to exceed available housing supply, continuing the favorable seller’s market that has been in place for years. While sellers have had the upper hand in negotiations in recent years with a reduced inventory ... » Learn More about Need for Housing Increases in August 2019
