Tag: Home Equity

Posted on 06/06/2024
Your Equity Could Make a Move Possible
Many homeowners looking to sell feel like they’re stuck between a rock and a hard place right now. Today’s mortgage rates are higher than the one they currently have on their home, and that’s making it harder to want to sell and make a move. Maybe you’re in the same boat. But what if there was a way...
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Posted on 05/24/2024
Questions You May Have About Selling Your House
There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move. Here are three of the top questions you may be asking – and the data that helps answer them. 1. Should I...
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Posted on 05/20/2024
Why a Condo May Be a Great Option for Your First Home
Having a hard time finding a first home that's right for you and your wallet? Well, here's a tip – think about condominiums, or condos for short. They're usually smaller than single-family homes, but that's exactly why they can be easier on your budget. According to the latest data from the National Association of Realtors (NAR), condos are...
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Posted on 05/16/2024
The Sun Is Shining on Sellers This Summer
If your needs have changed, now’s a great time to sell and get the features you want most. Many buyers are eager to move between the school years, so you may see a faster sale, multiple offers, a higher final sales price, and more. If you want to get your house ready for a summer listing, let’s connect....
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Posted on 05/07/2024
Tips for Younger Homebuyers: How To Make Your Dream a Reality
If you’re a member of a younger generation, like Gen Z, you may be asking the question: Will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you. While there’s no arguing this housing...
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Posted on 05/06/2024
What's Motivating Your Move?
Thinking about selling your house? As you make your decision, consider what's pushing you to think about moving. A recent survey from Realtor.com looked into why people want to sell their homes this year. Here are the top two reasons (see graphic below): Let's take a closer look and see if they’re motivating you to make a change...
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Posted on 04/24/2024
Elevate Your Home with a Greenhouse
Picture this: You’re settled into a cozy, sun-drenched spot, with fresh jasmine filling the air and a bowl of fresh berries ready to dig into. It’s the perfect midday escape — and it’s courtesy of your greenhouse. Having greenery in or around your home adds warmth, a connection to nature, and a sense of calm. And building a...
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Posted on 04/12/2024
The Perks of Downsizing When You Retire
If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses. Smaller homes typically have lower energy and maintenance costs. Plus, you may have enough equity built up to fuel your move. If you're thinking about moving to a smaller home, let’s go over your...
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Posted on 03/19/2024
Homeowners Today Have Options To Avoid Foreclosure
Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008. While headlines may be calling attention to a slight uptick in foreclosure filings recently, the bigger picture is that we’re still well below the number we’d see in a more normal year...
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Posted on 03/14/2024
A Guide to Home Equity Lines of Credit (HELOCs)
As your mortgage balance declines and your property value increases, you accumulate equity in your home. This is a form of wealth that you can tap into and use to pay a variety of expenses. What’s a HELOC? A Home Equity Line of Credit (HELOC) is a common way to quickly and easily tap into your home’s equity....
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Posted on 02/27/2024
Saving for a Down Payment
If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. Unless specified by your loan type or lender,...
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Posted on 02/02/2024
Don’t Wait Until Spring To Sell Your House
As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell. Here's why. 1. Take Advantage of Lower Mortgage Rates Last October, the 30-year fixed mortgage...
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