DEBBIE BURNESS REAL ESTATE GROUP
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Category: Uncategorized
Today is a Skills Market
In today’s ultra-competitive real estate market where there is only 1.7 months supply of inventory compared to 6 months in a balanced market, and the average home is getting 4.8 offers per sale, it is more important than ever to have the right person… Continue Reading “Today is a Skills Market”
Existing Homeowners May be Facing Higher Payments
As a current homeowner, you may be basking in the consolation that you bought before the market got crazy with higher prices and interest rates. However, it doesn’t mean that you may not be facing higher mortgage payments for next year. Most homeowners pay… Continue Reading “Existing Homeowners May be Facing Higher Payments”
Homeownership and the Three M’s
Homes are valuable assets and must be maintained so they function properly, are safe, enjoyable and hold their value. Attention to maintenance, minimizing expenses and managing debt & risk will protect your investment. Maintenance It is interesting that people understand the necessity to maintain… Continue Reading “Homeownership and the Three M’s”
Will Selling Your Home Increase Your Tax Bill?
With home prices rising 20% nationwide in the past year and in some markets, even dramatically more, many homeowners are excited about the equity in their homes. In the past, most homeowners were not concerned about profit from the sale being taxed but some… Continue Reading “Will Selling Your Home Increase Your Tax Bill?”
Buying a Home…Ask for a CLUE Report
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”
Coordinating the Sale and Purchase of Your Home
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”
A New Opportunity for Homebuyers
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”
Cost of Waiting to Buy in Both Price and Interest Rates
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”
Why a Home Should Be Your First Investment
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”
Paying Points to Lower the Rate
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”
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