Should You Rent Your House or Sell It?

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Selling Myths.

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.

Lower Mortgage Rates Are Bringing Buyers Back to the Market

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.

Where Will You Go If You Sell? You Have Options.

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers, New Construction.

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

Homeownership Builds Your Wealth over Time [INFOGRAPHIC]

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2023. Posted in First Time Home Buyers, For Buyers, Infographics, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers, Pricing.

Here’s to a Wonderful 2023!

Written by Miramar Beach FL Mortgage Syndicated User on January 1, 2023. Posted in Holidays, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Time-sensitive, Uncategorized.

Content previously posted on Keeping Current Matters

Planning To Sell Your House? It’s Critical To Hire a Pro.

Written by Miramar Beach FL Mortgage Syndicated User on January 1, 2023. Posted in For Sellers, FSBOs, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Selling Myths.

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. A Real Estate Advisor Is an Expert on Market Trends Leslie Rouda Smith, 2022 President of the National Association of Realtors (NAR), explains: “During challenging...

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

Written by Miramar Beach FL Mortgage Syndicated User on January 1, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer. Don’t Make Any Large Purchases It’s not just home-related purchases that could disqualify you from...

What You Want To Know If You’re Pursuing Your Dream of Homeownership

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Gen Z, Housing Market Updates, Millennials, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report from Maxwell says: “Many young adults have demonstrated their resolve to embark on the journey toward homeownership soon. More than half of millennials and Gen Zs plan to apply for a mortgage sometime within the next year.” Let’s take a look at why homeownership makes the top of so many...

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2022. Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market. Not as Many Homeowners Are in Trouble This Time After the last housing crash, over nine million households lost their homes due to...

3 Ways You Can Use Your Home Equity

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2022. Posted in For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity right now. As you weigh your options, especially in the face of inflation and talk of a recession, it’s important to understand your assets and how you can leverage them. A real estate professional is the best resource to help you understand...

Author: Miramar Beach FL Mortgage Syndicated User