Look, mortgage interest rates have been on the rise. Right now, they are already over three-quarters of a percentage point higher than they were in January. Freddie Mac reports that rates for a 30-year fixed mortgage just rose to 4.72%. Here’s the thing: Those rates are only expected to rise. The interest rate you secure […]
Did you know that the new FICO Score 9 is different, or that when it fully rolls out, you credit score could jump up? If you’ve had trouble finding a pre-approval for a mortgage because of medical debt or collections you have already paid off, you’re in luck! Financial independence and home-ownership may be closer […]
Did your home appraisal come in low because of a faulty appraisal? Every once in awhile faulty appraisals happen. We will be with you every step of the way, as your real estate team, to help push for an accurate appraisal. Some things we will look for when fighting a faulty appraisal are the following: […]
If you’re like most people buying a home for sale in Tampa Bay, you know that it’s important to have a decent credit score – but how good does your credit have to be to buy a house? What is a Good Credit Score? Most credit scores fall between 350 and 850, with 350 being […]
Sometimes, as you search for Tampa Bay homes for sale, you’ll come across foreclosures. But why do some sellers go into foreclosure, and should you buy one? Why Some Sellers Go Into Foreclosure Sellers go into what’s called foreclosure if they stop making payments on their homes. Unfortunately, it happens more often than you think […]
When you’re buying a home, you will probably encounter the term “loan contingency.” But what is a loan contingency, and why does it matter to you as the buyer? What is a Loan Contingency? Most real estate purchase contracts contain a loan contingency, which allows the buyer a certain number of days in which to […]
If you’re buying a home in Tampa Bay or any of its suburbs, you’ve probably heard the term “seller’s market” – but what is a seller’s market, and why does it matter to you as a buyer? What is a Seller’s Market? A seller’s market is a real estate market in which there are more […]
If you’ve been looking for homes for sale in Tampa or any of the surrounding communities, you’ve heard the term “buyer’s market.” But what is a buyer’s market, and why does it matter to you? What is a Buyer’s Market? A buyer’s market describes the climate of the real estate market when there are more […]
If you’re selling a home in Tampa Bay or any of the surrounding communities, your agent will look at pending home sales to help you zero in on pricing – but what are pending home sales, exactly? What Are Pending Home Sales? Pending home sales are homes that were for sale but aren’t actively for […]
If you’re interested in buying a home, you’ve probably heard the term fiduciary – but what does it mean, and why does it matter? Defining Fiduciary in Real Estate When you work with a real estate agent, you establish a fiduciary relationship. It’s created between the agent and the buyer or seller (the buyer or […]
