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People purchasing a used car have most likely heard of CARFAX vehicle history reports to help them avoid buying a car with costly hidden problems. Less likely are buyers to know that there is a way to discover some of the repair history of… Continue Reading “Buying a Home…Ask for a CLUE Report”
Usually, it is easier to buy a home than to sell a home but that isn’t necessarily the case currently. In today’s market, it can be scary to sell your home before buying another because you could find yourself without a home. Most sellers… Continue Reading “Coordinating the Sale and Purchase of Your Home”
You may not have heard of anyone assuming an existing mortgage for over thirty years and didn’t know they were even possible any longer. The reason is simple, it didn’t make financial sense but now that interest rates are increasing, it may be an… Continue Reading “A New Opportunity for Homebuyers”
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… Continue Reading “Cost of Waiting to Buy in Both Price and Interest Rates”
Real estate has been described as the basis of all wealth. Without considering income or investment property, buying a home to live in is an incredibly powerful way to build wealth or financial net worth. A home is an asset measured by the size… Continue Reading “Why a Home Should Be Your First Investment”
Two commonly known ways to lower your mortgage payments are to make a larger down payment especially if it eliminates private mortgage insurance and improve your credit score before applying for a mortgage. Another way to lower your payment would be to buy down… Continue Reading “Paying Points to Lower the Rate”
We have all heard this expression that implies that had a person known earlier in life what they know now, they would have done things differently. The subject possibilities are endless While no one has a crystal ball to see into the future, it… Continue Reading “I wish I knew then…”
The concern about inflation is the sustained upward movement in the overall price of goods and services while the purchasing value of money decreases. Tangible assets like your home consistently become more valuable over time. In inflationary periods, your home is a good investment… Continue Reading “Your Home is a Hedge Against Inflation”
Annual percentage rate is a calculation to accurately reflect the cost of the mortgage considering the note rate of interest, financing fees and charges based on the term of the mortgage. Annual percentage rate, APR, calculates the interest rate and loan fees over the… Continue Reading “Why is the APR higher than the interest rate?”
2021 was such an amazing year for us! After several years of consideration, we decided to join forces and officially form BE REAL ESTATE GROUP at Compass. We could not be happier with our decision as it has led us to have an amazingly… Continue Reading “Hello 2022!”