Having the right person “champion” for your real estate cause is extremely important in today’s market. After all, there are only 1.7 months supply of inventory compared to 6 months in a balanced market, and the average home is getting 4.8 offers per sale. You see, in the Middle Ages, it was a custom to […]
All posts by Thierry Roche
Homeowner: Will You Face Higher Mortgage Payments?
If you’re currently a homeowner, you might be feeling quite good that you purchased your home before the market got crazy with higher prices and interest rates. But, there is a possibility that your days of basking in glory are coming to a close. You might be facing higher mortgage payments for next year. Most […]
The Three M’s of Homeownership
A home is a very valuable asset. It must be maintained so that they function properly, are safe and enjoyable, and hold their value. Attention to maintenance, minimizing expenses and managing debt & risk are all key to helping you protect your investment. Maintenance Think about a car – it’s interesting that people normally understand […]
It’s CARFAX – For Your Home
More than likely you’ve probably heard of CARFAX – it’s a vehicle history report that you can see online or on a car which give the complete history. You can learn hidden problems from them, and it can assist you with avoiding hidden costly problems when it comes to purchasing a car. Let’s face it […]
There Is A Cost When Waiting To Buy
Ever seen something on sale on a website? Sometimes, shopping online can really get you some great deals! And, maybe you see that item, you’re interested, but there isn’t really that full sense of urgency. Maybe there are other things going on in your life and you just didn’t get back to that item for […]
Showing A Home Means Giving Visions
The highest possible sale price can be achieved by making needed updates and repairs to a home before it’s placed on the market. There was a story once, told by another agent, of a home that was structurally sound being on the market, but it needed significant cosmetic work, like paint, floorcovering, updated fixtures, and […]
What Options Can Equity Give Homeowners?
According to CoreLogic’s Homeowner Equity Insights, Americans have seen the equity in their homes increase by 29.3% year over year in the fourth quarter of 2021. The average home equity during that time period was a whopping gain of $55,000. This increase is a fuel that homeowners are experiencing. A fuel which is a large […]
Let’s Assume A Few Things – We’re Talking About Assumptions
Looking for an alternative to paying higher, current rates? This could benefit buyers with lower closing costs while saving money on the payment. Your alternative could be existing FHA and VA mortgages – they’re assumable at the note rate to owner-occupied buyers who qualify. For the last 20 years, rates have been steadily coming down […]
Is An ARM Right For You?
We’re not talking about your “arm” – we’re talking about an adjustable-rate-mortgage. See, an adjustable-rate mortgages just simply is not the right choice for many homeowners – especially if they plan to own the home for a long time. As a stat, less than 3% of buyers choose an adjustable-rate mortgage according to NAR’s 2021 […]
The Waiting Game And Buying Your Home
You may possibly be in a whole generation of people that have never known what a normal mortgage rate might be. And, that would be because mortgage rates have been kept artificially low by the Federal Reserve since 2010. Not to mention, most of the rest of adults here in the U.S. have forgotten what […]