The Most Costly Issues Found During a Home Inspection
Mon Nov 2018While you may feel confident that everything in your home is in safe, working condition, you should think again. Home inspectors can find issues with aspects of your home that you could have easily overlooked, which is why they are hired in the first place. The good news is that ...
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Granny Pods: A New Option for Downsizing
Fri Nov 2018As more and more baby boomers are reaching the age of retirement, many are looking for ways to downsize. Some may be looking to move into a smaller home, while others may be looking to move into an apartment or retirement complex. For baby boomers and senior citizens looking for ...
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What is a Mortgage Rate Lock?
Tue Nov 2018Confused about what a mortgage rate lock is? Lakeside Title is here to help! This blog will provide an overview of mortgage rate locks as well as the potential risks associated with them. Mortgage Rate Lock Defined A mortgage rate lock is when a borrower and a lender agree to establish a ...
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Why Current Homeowners Aren’t In a Hurry to Move
Wed Nov 2018Despite the fact that current homeowners have the highest recorded amount of equity on homes in history, many are reluctant to sell their homes. According to a report from First American, the median amount of time one holds onto a home has risen to 10 years, which is 10% up from ...
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Fewer Seniors Paying Off Mortgage Debt
Thu Oct 2018New research has shown that fewer seniors are paying off mortgage debt these days. In fact, homeowners over the age of 60 were “three times more likely to have a mortgage in 2015 than they were in 1980.” Many fear that this rise of seniors carrying mortgages will have repercussions ...
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Home Selling Mistakes to Avoid at All Costs
Fri Oct 2018When you are selling your home, it is imperative that you spend ample time considering your prospective buyers. Your real estate agent can help you avoid many of the common errors that are made. However, some mistakes will fall through the crack, much to the real estate agent’s dismay. Below ...
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Questions to Ask Real Estate Agents When Buying a Home
Wed Oct 2018So, after a long and exhausting home search process, you have finally found a property that could be the one. You may feel a temptation to just put your money down on the spot and close the deal right away. This is especially apparent when the housing market is competitive ...
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How a Primary Residence Can Impact Mortgage
Tue Oct 2018Did you know home buyers can usually qualify for better mortgage rates when they are requesting money to purchase their primary residence? This is possible because the mortgage lenders are taking on less of a risk than they would when financing a second mortgage. Other than your mortgage, a primary ...
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New Option for Affordable Housing: Stackable Units
Thu Sep 2018With housing prices rising at an accelerated rate, people are beginning to look for offbeat affordable housing solutions. One such solution is in the form of prefabricated housing units that are stackable. These smart and unique housing units are called Bloks, from a company called Blokable. They can be connected ...
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4 Ways Real Estate Can Benefit Your Retirement Income
Wed Sep 2018Whether you’re just a few years away from your retirement or planning decades in advance, your retirement income is always an important consideration. Besides stocks and bonds, real estate can provide some great benefits to your retirement income. Here are the most popular ways you can use real estate to ...
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