Building Green! Go Photovoltaic!


Comments

Post a Comment

Popular posts from this blog

Your Refund Could be the Difference

Image
One of the silver linings to filing your income tax return is finding out that you are going to receive a refund. If you happen to be one of these fortunate taxpayers, your next decision is what to do with it. With the average tax refund around $3,000, it could be the difference that makes a home a reality sooner rather than later. Many would-be buyers think it takes 10% or more down payment to purchase a home, but actually, it can be much less. There are VA and USDA mortgages that have no down payment for qualified buyers. FHA has a 3.5% down payment program and FNMA has 3% down payment mortgages for qualified creditors. Closing costs for originating new mortgages can easily range from two to three percent of the purchase price but most lenders will allow the seller to pay part or all of them based on the agreement in the sales contract. While the average tax refund might not cover the down payment on the median price home, it certainly helps. Your refund could make it as s
Keep reading

Cost of Waiting to Buy in Both Price and Interest Rates

Image
Have you ever been shopping on a website where you were looking at something that was on sale?   You were interested in it but there wasn't a sense of urgency and maybe, you had a lot going on and didn't get back to it for a few days.   When you did go back to the website, the price on the item had returned to its regular price. How did you feel?   Did you go ahead and purchase it for the current price?   How did that make you feel knowing that if you had acted more decisively, you would have saved money and had the product by now? In 2021, homes across the United State went up 19.1% on average.   There were some markets where the prices soared 30 to 40%.   Fortunately, last year the mortgage rates did remain relatively stable but that isn't the situation this year, in 2022. At the end of 2021, economists from Fannie Mae and Freddie Mac, felt like prices would go up around 7% for 2022.   The Mortgage Bankers Association and the Home Price Expectation Survey
Keep reading

Digital Showings

Image
Ask any real estate professional if they have sold a house without the buyer having physically seen it and they’ll most likely tell you they have. While it may have been an unconventional sale, it is more prevalent today than it was twenty or even ten years ago. The digital world of the Internet has changed the process of buying a home. It is evolving as people have become more comfortable with the reliability of the information available. Getting in a car and driving around all day looking at homes that may or may not fit your needs or wants is not productive for buyers or the agents. The quality and the quantity of pictures has dramatically improved in the last twenty years. Buyers and agents alike can view a property online and get a fairly accurate idea of the condition and layout of home and whether it warrants a physical visit. Videos can “walk” you through the house to be able to assess if the floorplan will work for you. The 2015 Profile of Home Buyers and Sellers r
Keep reading