Home sellers in hot real estate markets where there’s not enough for sale inventory for the number of people who want to buy may not feel compelled to go all out in preparing their home before listing. And they may not need to, given the reduced competition. But they still should do the minimum: ... » Learn More about Seven of the Biggest Home Buyer Turnoffs
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85% of International Investors View U.S. Real Estate as a Safe Investment
Anybody that's been following the real estate market over the past few years, have realized the local domestic buyers have had major competition from investment groups and foreign investors. Foreign buyers are showing a preference for purchasing properties in the U.S. over other countries, viewing ... » Learn More about 85% of International Investors View U.S. Real Estate as a Safe Investment
Buyers Deal with Housing Shortage
While the housing demand continues to surpass supply in different city pockets around the U.S., potential homeowners are faced with contending bids from other purchasers. The bottled-up demand has developed bidding wars from New York to San Francisco, putting additional pressure on property buyers, ... » Learn More about Buyers Deal with Housing Shortage
Loan Shortage Pushes Mortgage Firms to Accept Lower Credit Scores
Until recently, most lenders refrained from lending to borrowers with credit scores far below 600, even when government loan programs such as the Federal Housing Administration permitted it. The lenders worried having to buy the loans or indemnify the FHA for losses if the borrowers defaulted, not ... » Learn More about Loan Shortage Pushes Mortgage Firms to Accept Lower Credit Scores
3 Reasons to Refinance Before the Weather Improves
These solutions can help you secure a mortgage for your house. While mortgage rates went up last year, they held quite steady throughout early 2014. That could change as the weather starts to warm up. Here are three factors refinancing could get harder in the months ahead. 1. Better weather could ... » Learn More about 3 Reasons to Refinance Before the Weather Improves