The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. My Buyers Guide will answer many of your questions and likely bring up a few you didn’t even know you should consider! You can download your copy here- no strings attached, no need to give me your email address or phone number. All I ask … Continue reading Are You a First Time Home Buyer?
Did you know that home inspectors are bound by a set of rules that limit what they can share with a buyer? While many buyers feel like the home inspector should be like a doctor giving a complete physical, home inspectors do have limitations on what they can or can’t tell you. Here are a few home inspection situations that might surprise you…. Rats, mice … Continue reading Home Inspections: sort of like a Physical for your Home
In my previous post, I listed the top 5 benefits of investing in Real Estate. Now let’s examine the differences in how you can use an investment property…. It’s helpful to start by clarifying your investment goals. If your goal is to generate steady, predictable income with less time and effort spent on property management, then a long-term rental may be your best option. Also, … Continue reading WHAT CAN YOU DO WITH AN INVESTMENT PROPERTY?
Now, more than ever, there is an abundance of opportunity for real estate investors. But which path is best: leasing your property to a long-term tenant, or renting your property to travelers on a short-term basis… as an Airbnb perhaps? WHY INVEST IN A RENTAL PROPERTY? The Top 5 Reasons In my next post we will delve into the differences between long-term and short-term rentals, … Continue reading THINKING ABOUT INVESTING IN A RENTAL PROPERTY?
Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Here’s an infographic that shows how much your monthly payment can go up for a $250,000 purchase. Keep in mind, today’s average home price in the Portland metropolitan area is $385,000. Wondering … Continue reading The Cost of Waiting [INFOGRAPHIC]
Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause a slowdown in purchases which would, in turn, lead to a fall in house values. Ultimately, however, prices are determined … Continue reading Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices
Don’t wait until you’re ready to move to start preparing financially to buy a home. If you’re like the vast majority of home buyers, you will finance your purchase with a mortgage loan. By preparing in advance, you can avoid the common delays and roadblocks many buyers face when applying for a mortgage. The requirements to secure a mortgage may seem overwhelming, especially if you’re … Continue reading The Home Buyer’s Guide to Getting Mortgage Ready