If you recently moved into a new neighborhood, you might be looking for a way to meet your neighbors. Ideally, you will become friends with your neighbors. They can take care of your pets when you are out of town and water your plants when you are gone. On the other hand, how can you meet your neighbors without the process being awkward? There are a few great ways to do so. Spend Time Outside If you want to get to know your neighbors, the best way to do so is to spend time outside. Work on … [Read more...]
What’s Ahead For Mortgage Rates This Week – July 25, 2022
Last week’s economic news included readings from the National Association of Home Builders on home prices, Commerce Department readings on building permits issued, and housing starts. The National Association of Realtors® reported on sales of previously-owned homes; weekly reports on mortgage rates and jobless claims were also released. NAHB Housing Market Index Posts Lowest Reading Since May 2020 The housing market is cooling off according to July’s NAHB Housing Market … [Read more...]
An Overview Of A Drive By Appraisal
If you are applying for a home loan of any kind, there is a high likelihood that your lender will require a home appraisal. An appraisal is done to figure out how much your home is actually worth because the lender does not want to lend you more money than you could theoretically sell the home for in the future. There are some situations where the lender might be fine with a drive/by appraisal. What does this mean? Comparing A Traditional Appraisal To A Drive By Appraisal A traditional appraisal … [Read more...]
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