Many Americans have felt the financial impact of the current economy. High gas prices, groceries, and even rent has become astronomical. Current or prospective homeowners may wonder how the housing market will be impacted in terms of housing prices and interest rates. Many wonder, what recessions can do to the housing market? Below you will […]
Category: House Owner
Blog
Does LA Have a Housing Crisis?
Los Angeles is the center of the global entertainment industry and a destination for so many hopefuls to live out their American dream. Los Angeles County boasts a population of over 10 million people, while the city of Los Angeles includes almost 4 million people. It is the largest city in California, and the second-largest […]
How to Find the Best Mortgage Lenders
Before you look for your next home, consider finding a mortgage lender that fits your needs. A home mortgage can be a decades-long commitment so it’s important to use caution and find the best mortgage lender. This can be different for everyone as lenders have different types of home loans, rates, and fees. Below you […]
The Phases of Foreclosure
Foreclosure occurs when a borrower fails to meet the obligations set forth in the mortgage. When a borrower doesn’t meet their obligations, the lender can foreclose on the property to secure the loan. Due to the legal and financial ramifications of foreclosure, there are a series of steps a lender needs to take in order […]
Top Reasons for Foreclosure
For many people owning a home is a top priority. This is because it comes with a number of benefits making it a great option for families who want to expand their financial portfolio. Despite the tax benefits and ability to call your place your own, foreclosure can happen to anyone. While the process can […]
Top Mortgage Myths Debunked
Buying a home can be a great long-term investment for your family. Despite how exciting it may be to get the process started, there are a lot of myths that can side track your focus. Sifting through what is true and what’s a myth can be difficult, especially if you are a first-time homebuyer. Below […]
Does Foreclosure Affect a Lease?
Due to the volatility of the economy and housing market at times, anything can happen. If you are a landlord or lessee you may wonder, does foreclosure affect a lease? A lot of the answers to this question depend both on the type of lease and your locality. Below you will find helpful information on […]
Even with the end of moratoriums and stimulus packages implemented to offset the economic impact of COVID-19, the danger of foreclosures returning could still be on horizon. Will the real estate agent community be prepared to not only understand the coming short sale market, but to leverage it toward growing their business? Both new and […]
Best Season to Buy a House
Buying a home can be exciting, but it also involves strategic planning. Creating a strategic plan can save you time and money in the long run. One of the more impactful factors involves the time of year you buy your home. Below you will find helpful information on the best season to buy a house. […]
Buying a home is often a rite of passage during adulthood. However, as common as buying a home is, many people are clueless when it comes to buying a home. While the first time you do many things may result in some mistakes that you learn from, buying a home is no place to learn […]