52 Weekends in the Poconos
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time (see graph below), that’s little comfort to those individuals who are facing challenges today.
If you haven’t taken advantage of the forbearance period, it may be time to research and understand your options. It starts with knowing what f...
Sweater weather is coming—and you need more than a Pumpkin Spice Latte to get ready for it!
It would be amazing if all you needed to prep your home for fall was hang a wreath and light a bunch of pumpkin spice candles. While yes, those are a crucial part of getting ready for the change of seasons, there are more important (and not exactly fun) preparations that come with being a homeowner. Consider this everything you need to know before your house transitions from hot summer days to cool fall...
For first-time homebuyers, Pennsylvania is a relatively affordable market with a median home values statewide that are some 30 percent lower than the national median. The commonwealth has a number of helpful programs for first-time homebuyers — and other categories of homebuyers — to obtain affordable mortgages. In addition, there are Pennsylvania home assistance programs that can provide funds for down payments and closing costs.
The Pennsylvania Housing Finance Agency (PHFA) partners with le...
The U.S. entered 2021 with pandemic fatigue, though it hadn't – and still hasn't – slowed down homebuyer activity. The first months of the year have seen rapid growth in home prices as low inventory of houses on the market combined with high buyer demand creates fierce competition in suburban areas and medium-to-small metro areas across the country.
Looking forward to late spring and summer, the fast rollout of COVID-19 vaccines is making many hopeful that an end to the pandemic is in sight....
Making the right offer is crucial
Home sales have skyrocketed in recent years. At the same time, inventory has declined. That means there’s a strong sellers’ market in many parts of the country, with more buyers than homes available.
The result is that home buyers often have to pay more than the list price if they want to beat out the competition.
This can be a tricky situation to navigate.
It’s hard to know how much over asking price is ‘reasonable’ — especially when you’re under pressure to m...
For most real estate investors, cash for down payments is the bottleneck. The choke point, the constraint that sets the speed limit on how fast you can build your rental portfolio. This means if you want to grow your portfolio faster, you need to solve the down payment problem.
Whether you're buying your first property or your 14th, try out the following ideas to make real estate investing more affordable.
1. HELOC or RELOC
While homeowner mortgages don't typically allow you to borrow any part...
The demand for real estate virtual tours is surging as buyers seek safe ways to view and experience properties without having to come in contact with anyone. “The virtual tour industry is going bonkers at the moment,” says Jason LaVanture, founder of Real Tour Vision, a network of 1,500+ real estate virtual tour creators across 50 countries. “I can’t believe how many people are looking into virtual tours right now.”
Agents have seen an increase in requests for virtual showings since last April....
