Opportunities exist for a subset of homeowners, possibly in their 60’s to 70’s, who want to downsize to smaller homes…
Buying a Home
Sellers offer concessions as an incentive to encourage buyers to purchase their home. The concessions, paid for by the seller,…
Waiting for the mortgage rates to come down before you buy a home may not be a good decision. If…
A soft second loan, sometimes called a silent second, is subordinate to the first mortgage, whose payment is deferred or…
You may remember the famous line in the Dirty Harry movie when Clint Eastwood has just had a shootout with bank…
Housing affordability has declined dramatically in 2022 due to continued rising home prices and a three-percentage point jump in mortgage…
The rapid rise in mortgage rates during 2022 coupled with continued appreciation of home prices have limited the number of…
Rising mortgage rates are causing some would-be buyers to pause their decisions until they determine whether rates are going to…
Owners directly control four of the five factors that affect the sale of any home: price, location, condition, terms, and…
The limit for tax free gifts for 2022 is $16,000 and no tax is due to the donor or the…