Buying your first home is an exciting life event. But it can also be the most stressful event in your life. Today’s article features several different loan options for the first time home buyer. Here’s one, “If you don’t have much to put down on a home, a Federal Housing Authority (FHA) insured loan could be the way to go. Insured by the U.S. government, they are available for first-time buyers and allow you to put as little as 3.5 percent down, according to the Housing and Urban Development FHA website.” To read more, CLICK HERE.
In a time where there isn’t a whole lot of good news to go around we bring you today’s article. The article discusses a 96 page report about commercial real estate growing. Here’s a quote from the article, “The good news is that the commercial real estate industry grew at the strongest pace yet over the past year since the economic recovery began in 2011, according to a report recently released by NAIOP, the national commercial real estate development association.” To read more, CLICK HERE.
Bidding on a house can be the most stressful event in the home buying process. After who knows how long, weeks or months of searching, you finally find the house of your dreams. It’s got all of your must haves and is even in your budget but it comes down to a bidding war and you may lose the house. How do you get your home? Today’s article looks at strategies to winning a bidding war. “…have a clear understanding of what the home is worth to you and how far you are willing to go to win it. Once you know this, the following steps can help you come out on top in a real estate bidding war:” To check out the steps, CLICK HERE.
Today’s article explains big real estate spenders, where they are from and where they bought. Real Estate buyers from this foreign country bought billions of dollars worth of property. Here are some stats from the article, “…sales activity from international buyers surged 35 percent in the 12 months that ended in March. While international buyers represent only 7 percent of total existing home sales nationally over the period, their buying is highly focused on high-end homes in Florida, California, Texas and Arizona.”To read more, CLICK HERE.
Looking to buy a house but you’re not sure how long of a process it will be? Today, we’re bringing you an article that breaks down a timeline of what you should be prepared to do before you buy. “The homebuying journey — from financial preparation and finding the right home to getting under contract and through closing — tends to take a lot longer” To read more, CLICK HERE.
Do you flip houses? Did you know there are certain things you need to disclose? This Wednesday we bring you an article that explains exactly what you may need to tell your potential buyers about the house. Here’s one, “when water gets in where it shouldn’t, it can damage personal possessions, undermine the home’s structure and even create a health hazard if it encourages mold growth. Sellers should disclose past or present leaks or water damage.” To read more, CLICK HERE.
Looking for real estate stocks that have high dividends? Here’s a quote, “…both of these companies are real estate investment trusts — REITs — owning properties that are in turn leased out to different companies across a variety of industries.” Find out which companies today’s article is referring to, CLICK HERE to read more.
“30-year fixed-rate mortgage (FRM) averaged 4.21 percent with an average 0.6 point for the week ending May 8, 2014, down from last week when it averaged 4.29 percent. A year ago at this time, the 30-year FRM averaged 3.42 percent.” That was a quote from today’s article about fixed mortgage rates being the lowest it has been since last November. The low mortgage rates may create an opportunity to buy, however, the lower rates are an indicator that the economic growth has been below expectations. To read more, CLICK HERE.
It may seem like a more favorable option to rent out your property rather than sell it, but today’s article will have you asking yourself a few questions to make sure you’re making the right decision. To read more, CLICK HERE.
Today we bring you real estate market secrets for Spring. According to the article, “Sixty percent of all homes in 2014 will be bought and sold from May to August.” They suggest putting your home on the market now to give you just enough of a head start. To read this and other secrets, CLICK HERE.