Florida Mortgage | How the Appraisal and Inspection Empower You as a Homebuyer

Written by Destin FL Mortgage Mortgage Syndicated User on April 27, 2022. Posted in Destin FL Mortgage, Mortgage Destin FL.

Florida Mortgage | How the Appraisal and Inspection Empower You as a Homebuyer Even in today’s competitive market, it’s important not to waive an appraisal or inspection. Let’s connect so you can feel empowered when you submit an offer on the home of your dreams.NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

How Homeownership Can Help Shield You from Inflation

Written by Destin FL Mortgage Mortgage Syndicated User on April 26, 2022. Posted in Buying Myths, Destin FL Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Mortgage Destin FL, Pricing.

If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile. If you’ve been thinking about purchasing a home this year, you’re probably wondering if you should continue down that path or if it makes more sense to wait. While the answer depends on your situation, here’s how homeownership can help you combat...

Is It Enough To Offer Asking Price in Today’s Housing Market?

Written by Destin FL Mortgage Mortgage Syndicated User on April 25, 2022. Posted in Buying Myths, Destin FL Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Destin FL, Move-Up Buyers.

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would then negotiate and typically agree on a revised price that was somewhere between the buyer’s bid and the home’s initial asking price. In today’s real estate market, buyers shouldn’t shop for a home with the same expectations. Things Are Different Today Today’s housing market is anything but normal. According...

Myths About Today’s Housing Market [INFOGRAPHIC]

Written by Destin FL Mortgage Mortgage Syndicated User on April 22, 2022. Posted in Buying Myths, Destin FL Mortgage, For Buyers, For Sellers, Infographics, Mortgage Destin FL, Selling Myths.

Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professional to guide you through those decisions. Let’s connect so you have an expert to help separate fact from fiction in today’s housing market. Content previously posted on Keeping Current Matters

Why This Housing Market Is Not a Bubble Ready To Pop

Written by Destin FL Mortgage Mortgage Syndicated User on April 21, 2022. Posted in Destin FL Mortgage, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Mortgage Destin FL, Pricing.

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by the GI Bill to purchase a home. Since then, the percentage of homeowners throughout the country has increased to the current rate of 65.5%. That strong desire for homeownership has kept home values appreciating ever since. The...

How To Approach Rising Mortgage Rates as a Buyer

Written by Destin FL Mortgage Mortgage Syndicated User on April 20, 2022. Posted in Buying Myths, Destin FL Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Mortgage Destin FL, Move-Up Buyers.

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will fall, waiting will only cost you more. Mortgage rates are forecast to continue rising in the year ahead. If you’re thinking of buying a home, here are a few things to keep in mind so you can succeed even as mortgage rates rise. How Rising Mortgage Rates Impact You Mortgage rates play a significant...

Why Pre-Approval Is an Important Step for Today’s Homebuyers

Written by Destin FL Mortgage Mortgage Syndicated User on April 19, 2022. Posted in Buying Myths, Destin FL Mortgage, First Time Home Buyers, For Buyers, Mortgage Destin FL, Move-Up Buyers.

Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check out your personal finances and issue you a letter confirming the amount you’re eligible to borrow. This not only gives you a firm budget for house hunting, but also lets sellers know you’re qualified to make an offer.” Why does that matter so much today? There are many more...

Is It Time To Buy a Smaller Home?

Written by Destin FL Mortgage Mortgage Syndicated User on April 18, 2022. Posted in Baby Boomers, Destin FL Mortgage, For Buyers, For Sellers, Mortgage Destin FL, Senior Market.

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home? If you’re looking for ways to focus more on the important things in your life, the answer could be downsizing. A recent article from The Balance talks about why it could be a great option, saying: “There are many reasons to buy a smaller home—or to downsize from your present home—but sometimes,...

What Is Multigenerational Housing? [INFOGRAPHIC]

Written by Destin FL Mortgage Mortgage Syndicated User on April 15, 2022. Posted in Baby Boomers, Buying Myths, Demographics, Destin FL Mortgage, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Mortgage Destin FL, Move-Up Buyers, Senior Market.

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes today. Let’s connect so you can find a house that meets your changing needs and has plenty of space for you and your loved ones. Content previously posted on Keeping Current Matters

On the Fence of Whether or Not To Move This Spring? Consider This.

Written by Destin FL Mortgage Mortgage Syndicated User on April 14, 2022. Posted in Destin FL Mortgage, For Buyers, For Sellers, Housing Market Updates, Mortgage Destin FL, Move-Up Buyers.

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data. Today, there are far more buyers looking for homes than sellers listing their houses. Here are the maps of the latest buyer and seller traffic from the National Association of Realtors (NAR) to help paint the picture of what this looks like: Notice how much darker the blues...

Category: Destin FL Mortgage