The real estate industry is expected to take an interesting turn in 2014 as the housing recovery continues and due to the appreciation of home prices. It is also believed that a revamped set of mortgage rules is to surface, making it possible for more people to own a house as more investors back off due to increasing house prices. …
This year more than 5.4 million homes were sold by the end of August, according to the National Association of REALTORS®. Are you one of these millions of new homeowners? If so, you’ve most likely felt the urge to settle in immediately. However, before making any major renovations, it’s a good idea to live in a new home awhile to …
Borrowing money to finance a home is one of the hardest things to do today, and it is not going to get any easier according to the real estate market in 2014. Home prices are currently undergoing an upsurge, after the revival of the housing industry, and mortgage rates are at an all time high now. Experts in the real …
It comes as little surprise as to why the real estate industry in Texas is at such a boom. Texas has been known for its cheap property, which is why the bidding war is getting hotter by the day. Homeowners in Austin, Dallas, and Houston have seen their property prices increase sharply over the course of the past few years. …
If you are looking for a home loan but have a lower than average credit, then an FHA loan can help you in buying the home of your dreams. The Federal Housing Authority (FHA) guarantees the loan which is then provided by approved lenders. Today, the FHA loan is a popular choice amongst home buyers in Texas over conventional loans, …
Are you planning to buy a home? Of course you will have to save money for the down payment, but other than this, you will also have to plan a budget for the other extra expenses that can arise. Since we are aware that you might not know all of these, we decided to give you an average estimate of …
Did you just lose your home to a foreclosure? Even though you are no longer a homeowner, do not worry this will not always be. The lending requirements may have become more strict, but there are still a few tactics that if implemented would let you become a homeowner once again. Here are the steps that the experts in the …
Are you searching for a new home? Disappointed or excited with the properties you are being shown by your real estate agent? Yes, inventory is filled up with older homes. A recent survey estimates that almost 71% of the inventory comprises of homes that were built before the 1990’s. In some regions, this value has been recorded to be even …
If you are debating on whether you should make an offer on a new home before the New Year, now is the time to stop deliberating and submit your bid. Between 2013 tax benefits, and avoiding mortgage rate roulette and changing lending rules, closing before the end of the year can offer significant financial benefits. Top mortgage and real estate …
