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Check out the latest market updates

I want to Buy a House…. Now What

We all know the old line about location. But buying a home takes research, research, research, too. You will want to determine: How much you can comfortably afford. The pre-approval process, which entails full documentation and credit check, is the best way to determine the numbers that are right for you. Early in your search,…

Before you buy….

Before you buy a home – 1. Understand how much you can afford by determining your debt-to-income ratio and estimated payments (visit bankrate.com and tick “calculators” for an idea). Your first step should be to GET PRE-APPROVED by your mortgage lender or bank. 2. Understand the basics of financing and what you really can afford….

Home sales rise for a second straight month

Existing-home sales were up 1.7 percent to a seasonally adjusted annual rate of 5.45 million in April from an upwardly revised 5.36 million in March, according to new data from the National Association of Realtors (NAR). Last month’s sales were six percent higher on a year-over-year basis and also marked the second consecutive month of…

Real Estate May Be a Safe Haven in a Bear Market

Rental properties can help level out the peaks and valleys in your portfolio. Is a bear market on the way? That’s the question experts and investors alike have been debating for months. Given the cyclical nature of the market, it’s unrealistic to expect the current bull market to continue its run forever. What’s uncertain is…

Closing Day 101

If you’ve owned a home, then you already know what to expect on closing day. To sum up this monumental day, it involves a lot of paperwork, many signatures and a lot of excitement.  There are so many moving parts on the day you close on your home that it can be hard to take…

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