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Uncategorized The Tiny House Movement: Fad or Solution? You don't have to be house shopping to know that "tiny" is very now. "Tiny" as in "tiny homes," that is. TV shows, magazines, and the lifestyle sections of newspapers have been promoting the "small is beautiful" philosophy for months now. What's it all about?  A tiny house or apartment is generally described as  less […]
Uncategorized Solo Home Buyers Face Unique Challenges Recent reports have noted a marked increase in the number of female home buyers across the United States. In fact, it’s not only young couples and families who are eagerly entering the real estate game; young, single women are buying in droves. The most recent available data from the National Association of Realtors (NAR) notes […]
Uncategorized Buyer Beware: There Are Downsides to Buying a FSBO Purchasing a property for sale by owner (FSBO) may make sense to many; because the seller doesn’t pay real estate agent commissions, the price should be lower. However, buyer beware. There are downsides to purchasing an FSBO. According to research conducted by the National Association of Realtors®, fewer than 10 percent of FSBOs are actually […]
Uncategorized Is There a Cost to Not Purchasing a Home Now? The New Oxford American Dictionary defines opportunity cost as “the loss of potential gain from other alternatives when one alternative is chosen.” With interest rates and home prices expected to rise in the near future, the opportunity cost of not purchasing a home in today’s market may grow, according to the Opportunity Cost Report issued […]
Uncategorized TRID Designed to Ease the Mortgage Process Landmark legislation that overhauled the documentation that mortgage consumers receive throughout the finance process and at the closing table was implemented on October 3, 2015. The TILA-RESPA Integrated Disclosure (TRID) rules were designed by the Consumer Financial Protection Bureau (CFPB) to make the mortgage process easier for consumers. The last significant change to this documentation […]
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