Amidst other notable items–crashing markets and tremendous natural disasters among them–2011 might also become known as “the year of record-low mortgage rates”. Not since the early 1950s–perhaps beyond–have mortgage rates plumbed these depths.
We begin 2012 with fixed interest rates almost a full percentage point below where we began 2011, at levels which not only promote affordability and refinance opportunities, but also at levels which are starting to warm up the housing market. Housing has
If you still consider moving to a new property to be an expensive process to endure, then this article is definitely perfect for you. In this part, we are going to discuss some of the best moving day tips that will help you save a lot of money while still have an enjoyable moving process. Let’s have a look, shall we?
Contrary to popular belief, the most convenient and cost effective way of moving to a new property is actually by having a team of professional movers assisting you every step of the way. Professional moving companies are offering valuable services at reasonable prices – due to the increased competition and other factors – so it is very easy to find the most suitable company to hire.
When choosing a moving company to hire, make sure you pick the most suitable one whose service area covers the place you are moving into. If yo Read more…
Every buyer has a list of must haves when they search for a home. In San Francisco, having the right location—not just neighborhood, but also the right block—a view, and/or a garage may be number one on your list.
The holiday season is the time when buyers who had a kitchen at the top of their list, or dream of what they will do when they find a home with the perfect kitchen, get to show their stuff.
If a perfect kitchen is your priority, it is important to understand that almost always this will involve at least updating, if not a full remodel to reach the state of kitchen nirvana you long for. I recently sold a home in Glen Park, at 309 Surrey Street, where the buyer was looking forward to many years of baking for the holidays. She
Many people choose to purchase condominiums especially because they require less hands on maintenance and can be much more affordable than regular single family homes. In the past, it was not unusual to use FHA mortgages for these condominium purchases. The low down payment requirement for FHA mortgages in conjunction with low FHA mortgage rates are the main attractions for condo buyers to take on FHA mortgage financing. In recent years, things have changed and borrowers must be careful when looking at a condominium purchase that they plan on purchasing with an FHA mortgage.
FHA has made condominium approval guidelines stricter than it was in the past. In order for a condominium to be FHA approved, no more than 25% of the propertys total floor area can be for commercial purposes.