Real estate investors who want to build up a strong investment portfolio always keep an eye out for hot markets, which gives them a chance to pick up properties that add to their portfolio value. A word of caution about hot markets is that if you learn about them after they are already hot, you may have missed much of the run-up that made them hot. Clever real estate investors try to anticipate markets that will heat up before they do, so they can buy properties in advance of increasing … [Read more...]
What’s Ahead For Mortgage Rates This Week – November 4th, 2019
Last week’s economic reports included readings from Case-Shiller on home prices, pending home sales data and the post-meeting statement announcement from the Fed’s Federal Open Market Committee were released. Labor sector reports on jobs and the national unemployment rate were also released. Weekly readings on mortgage rates and initial jobless claims were also published. Case-Shiller: Home Price Growth Slows in August Home price growth slowed by 0.20 percent in August for the first … [Read more...]
What Is Owner Financing When Buying A Home?
There are many options when it comes to taking out a loan on a new home. One of the options that people might have heard about is called owner financing. In general, the property owner takes the place of a traditional lender. Instead of someone taking out of a loan from a bank or a credit union, they take out a loan from the owner of the property. Similar to a traditional loan, the buyer will make payments to the seller over a period of time with a certain interest rate. The Structure Of Owner … [Read more...]
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