Harness the Equity in Your Home to Unlock Your Oregon Wine Country Dream For those of you yearning for the tranquility and charm of a small town, Oregon’s wine county could be your dream destination. Your years of homeownership have not only filled your heart with cherished memories, but more than likely, your pockets as well, with the equity in your home. Now, retirement or maybe even just a yearning for a change of scenery […]
Will Mortgage Rates Come Down? The Million Dollar Question
Will Mortgage Rates Come Down? The Million Dollar Question Today, let’s dive into the fascinating world of mortgage rates here in Oregon’s wine country. Whether you’re contemplating the idea of downsizing or upsizing your current home, or maybe you’re embarking on the journey of moving and buying a home in our small town region, mortgage rates are a topic you can’t afford to overlook. So, grab your favorite glass of Pinot Noir and lets embark […]
The Truth About Your Credit Score and Buying a Home
If you’re thinking about buying a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a factor that helps determine your mortgage rate. An article from Bankrate explains: “Your credit score is one of the most important factors lenders consider […]
How To Sell and Buy a House at the Same Time
How To Sell and Buy a House at the Same Time Are you a homeowner thinking, or even dreaming of upgrading to a new home? Maybe a bigger home or ready to downsize homes? It can be exciting to find your next home, yet overwhelming and stressful to think of selling your current home at the same time. Fear not, today I am here to guide you through the options of how to sell and buy […]
New Construction Home Inspection – The What & Why
New Construction Home Inspection -The Truth About and Why They Are Vital Should you have a professional home inspection done on a new construction home? Without a doubt yes. When you have a professional inspection completed before you close and occupy your newly built home, you have the opportunity to catch issues before you become responsible for the repairs as they are still covered under your builders warranty. Stick with me as I go over […]
Monthly FHA Loan Costs are Dropping!
Monthly FHA Loan Costs are Dropping! Big changes are coming to the FHA loan this month. The US Department of Housing & Urban Development (aka HUD), announced this last week that the monthly mortgage insurance premiums on new FHA loans endorsed on and after March 20th will be reduced! This will be the first time since 2015 that there has been a change to these costs. The hope is that these changes will benefit borrowers […]
Pay Attention to Your Hyperlocal Housing Market
In talking about the 2023 housing industry, one thing experts agree, unlike the last few years, it will be hyperlocal. We will see some markets across the nation drop home prices. Others will remain flat while some communities will continue to see moderate value price increases. Will the national news be able to tell the whole story for where you live? The consensus is that unlike the last few years, in the year ahead, probably […]
The Top Three Trends Changing the Housing Market for Buyers
The last two years have been a wild ride in the housing market. So much so, that many Buyers decided to step out of line and press pause on their dream of homeownership. Have you delayed your plans to buy a house because of how competitive the market has been the past few years? If so, you may be happy to know, today’s housing market is looking different from even just a few months ago. […]
How Owning a Home Builds Your Net Worth
How Owning a Home Builds Your Net Worth Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey […]
Cash To Close, Beware, It’s More Than Just Your Down Payment!
Cash To Close, Beware, It’s More Than Just Your Down Payment! Have you been thinking about buying a home? Maybe you have even started the homebuying process? There is one thing you are probably beginning to realize. The real estate industry uses its own vocabulary! A vocabulary of terms and acronyms tossed around as if people from all walks of life use them everyday. Earnest money, discount points, closing disclosure, DTI, VOE, LTV… feeling confused? You […]