Some home buyers hoping to make money from real estate investing choose to start their real estate investing adventure by turning their first home into a rental property. With a little careful planning, a homeowner can use the potential rental income they would make from this first property to help them qualify for financing on […]
Dealing with Rising Mortgage Rates as a Homebuyer – In this year alone mortgage rates have significantly risen. In some people’s minds, they have skyrocketed. Just in the last few weeks alone, the average 30-year fixed-rate mortgage according to Freddie Mac increased to 5% interest. This news has some home buyers wondering if right now […]
The fast and significant increase in home prices over the last few years has caused property taxes to increase as well. A majority of American homeowners would probably agree that they feel they pay too much money in property taxes. Property taxes are taxes calculated by the local government in which your home is located […]
What Do Experts Mean by “Appreciation will Normalize?” Last year home prices saw a huge increase that was much larger than many years prior. According to the S and P CoreLogic Case-Schiller Home Price Index, home prices saw an incredible increase of 19% in 2021. But many real estate experts have been saying lately that […]