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The seller wants the most for their home and the buyer wants to pay the least possible. From the very beginning of the homebuying process, there are adversarial positions between the principals. If you happen to be in a multi-offer situation, it just complicates… Continue Reading “Negotiating Your Position”
As the expression goes, "if I could turn back time", maybe you’d would do some things differently. If you’re wanting to buy a home, the regret may come from not getting a mortgage when rates were half of what they are today. There may… Continue Reading “Turn Back Time”
The dilemma facing would-be buyers today is to wait until things settle down or move ahead in this unsettling economic environment. More specifically, the question should be, what are you waiting to settle down: mortgage rates, or prices or both? Mortgage rates haven’t been… Continue Reading “Buy Now, Refinance Later”
Inflation devalues the purchasing power of money and the interest earned on savings is almost always less than inflation. Tangible assets like your home consistently become more valuable over time. In inflationary periods, a home is a good investment and a hedge against inflation.… Continue Reading “Does high inflation discourage your from buying a home?”
Credit scores are used to assess risk and determine whether a borrower is approved or declined for a mortgage, credit card or some other type of credit. The score is a numerical value ranging from a low of zero to a high of 850… Continue Reading “Did you know this about your credit?”
Down payment assistance programs and credits from the seller make this possible even in California! Call or text me today to learn more! Debbie Burness (209.608.1811)———————————————Debbie BurnessREALTOR®, CRS, CIPS, SFRDRE 00873190Compass———————————————
Waiting for the mortgage rates to come down before you buy a home may not be a good decision. If you are correct, and the rates do come down by two percent, the savings you benefit from a lower rate will most likely be… Continue Reading “Waiting for the Mortgage Rates to Come Down”
Opportunities exist for a subset of homeowners, possibly in their 60’s to 70’s, who want to downsize to smaller homes for convenience, less maintenance, change of lifestyle, or to save money. These homeowners are more likely to have large equities and will not feel… Continue Reading “Downsizing Options”
Sellers offer concessions as an incentive to encourage buyers to purchase their home. The concessions, paid for by the seller, benefit the buyer in ways that may be more appealing than possibly, being able to purchase the home for a lower price. In some… Continue Reading “Concessions Make Your Home More Marketable”
There are a lot of professionals involved in the homebuying process. And when these people can function as a team, the buyer is much more likely to end up where they want to be…in their new home. The lender is an integral part of… Continue Reading “Building Your Home Buying Team”