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An Overview Of A Wrap-Around Mortgage: What To Know

Are you having a difficult time qualifying for a traditional mortgage in the current market? If so, there are other options available, and a lack of financing can frustrate not only the buyer but the seller as well. For example, one option that you may have heard about is called a wrap-around mortgage.

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What’s Ahead For Mortgage Rates This Week – March 20, 2023

Last week’s economic reporting included readings on housing starts and building permits issued, the National Association of Home Builders Housing Market Index, and Fed Chair Janet Yellen’s Senate testimony. The Commerce Department reported on housing starts and building permits issued published, and a monthly reading on consumer sentiment was published. Weekly reports on mortgage rates and jobless claims were also released.

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How to Get Along With Your Homeowners Association

Rules and covenants of a homeowners association can be a bit overwhelming, especially for a first time homeowner. Understanding that the regulations are designed to protect the value of your home helps make some restrictions easier to live with.

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6 Tips for Securing Referrals Daily

Local economies can present a stern challenge to many real estate agents. This is the primary reason why agents should take measures that can help them keep a competitive edge in the market. For example, getting solid referrals is one measure that can help any agent...

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Why I Won’t Lower My Commission, Even for You!

You’re sitting across from a prospect, just about to pop the question. You take a deep breath as he looks over the paperwork. Silently, you curl your toes under the desk as you do everything in your power to appear calm and collected; the client must not know how much...

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6 Ways to Keep in Touch with Past, Current and Future Clients

A real estate agent needs to maintain a strong communications network in order to be truly successful. As a result, it is important to build a relationship and regularly keep in touch with past and current clients, as well as plan to create ties with clients in the...

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Manage These 3 Items Before Applying For A Mortgage

Mortgage lenders weigh the risk of getting their principal and interest paid back by looking at the qualities of the prospective borrower. And due to the amount of money being requested and lent to purchase homes, those requirements can become daunting.

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Short-Term Vacation Rentals: What To Know

If you are interested in purchasing a rental property, you might want a short-term rental that you can use as a vacation home. This can be a great way to generate some additional income, and you might be able to make thousands of dollars every week if you purchase a property in the right location. On the other hand, there are several important factors you need to consider before you purchase a rental property.

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What To Know About Property Lines

While property lines are the borders that separate one property from another, they are also legal boundaries. Essentially, property lines determine what you do and do not own.

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