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Author Archives: SilverStar Realtors
I Want a Bigger/Nicer Home but…
There are homeowners that would like to have a larger/nicer home but are patiently waiting for the market to improve. A frequently heard objection is that they can’t sell their home for what it is currently worth. Buying up in … Continue reading
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Targeting the Mortgage Interest Deduction
It’s obviously going to be a Herculean task for Congress to balance the budget and reduce the deficit. It’s sort of like the country song lyric that goes “everyone wants to go to Heaven but nobody wants to go now.” … Continue reading
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“I Do” Want a Home
Forget Macy’s and Crate & Barrel. Set up your bridal registry at the bank and use the funds for the FHA down payment on a home. This could be perfect for people getting married who already have their household items … Continue reading
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Who Represents You?
In almost every state in the U.S., buyers have the option of being represented by their real estate agent. This relationship creates responsibilities that require the agent put their client’s interests above their own. The duties a buyer or seller … Continue reading
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Top 10 FHA Loan Advantages
Fannie Mae and Freddie Mac underwritten conventional, FHA and VA loans account for the vast majority of mortgages chosen by buyers to finance their home purchase. While buyers have the choice on which product to use, there are some considerable … Continue reading
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One More Chance?
Fixed Rate mortgages are at their lowest level for 2011 as reported in the current Freddie Mac weekly Primary Mortgage Market Survey. Many qualified buyers missed the opportunity last fall in October and November to refinance at record low rates. … Continue reading
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Cash Now – Mortgage Later?
You might think that a person who pays cash doesn’t have many concerns or at least not the same ones as most people. Roughly, about 9% of people paid cash for their home last year with a considerably higher percentage … Continue reading
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Start Your Projects
Summertime is almost here and millions of Americans will be starting home improvement projects. Whether they’re classified as maintenance, updating or energy saving, they should make homeownership more enjoyable. Remodeling magazine’s 2010-11 Cost vs. Value Report suggests that some improvements … Continue reading
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Buy Now or Wait
Uncertainty as to whether prices will continue to fall has to be one of the most common causes of buyer procrastination. Paying too much wouldn’t be a smart thing but price isn’t the only factor to consider. Interest rates have … Continue reading
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