A soft second loan, sometimes called a silent second, is subordinate to the first mortgage, whose payment is deferred or forgiven until a specific date or the resale of the property. This would mean that buyers would not have to contend with regular payments thereby keeping their debt-to-income ratio lower and more affordable. While normal […]

You may remember the famous line in the Dirty Harry movie when Clint Eastwood has just had a shootout with bank robbers and is standing in front of the lone surviving thief who is considering going for his gun. Harry with his gun pointed at the bad guy says to him ""Did he fire six […]

Key Takeaways: Staging showcases a home’s best assets, and helps sell it for top dollar. You’ll be at an advantage if you take the extra step of staging your property. This is a great time to plan for the future of your home, so contact us today! First impressions matter, so when you finally put […]

Housing affordability has declined dramatically in 2022 due to continued rising home prices and a three-percentage point jump in mortgage rates. Based on the popularity of Google searches for "housing bust" or "housing bubble", it could be surmised that buyers are anticipating relief, but they are probably not going to see it anytime soon. Home […]

The rapid rise in mortgage rates during 2022 coupled with continued appreciation of home prices have limited the number of buyers in the market which is reflected by the lower number of home sales currently. "It’s a fact that many households are impacted by higher mortgage rates as they no longer earn the qualifying income […]

Key Takeaways: Knowing your property’s real-time value is more important than ever Build a relationship with your local real estate team to maximize your money This is a great time to plan for the future of your home, so contact us today! From volatile national market trends impacting local housing markets to unforeseen structural problems, […]