Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life…
We all know the saying about assumptions. And if you don’t, well…just Google it. With the massive surge of unemployment that happened this year, it’s natural to assume that a massive surge of foreclosures will follow. However, history is not expected to repeat itself this time. Here are 3 simple…
Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recent reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the…
The Mortgage Banker Association’s Research Institute for Housing America reported that more than six million households failed to make a rent or mortgage payment in September 2020. The RIHA recently conducted a study titled, Housing-Related Financial Distress During the Pandemic, in which it found that during the third quarter, the…
The world is a different place than it was just a week or two ago – a new reality we all have to face. While this isn’t the forum to recount news of the pandemic, stock market crash, or threats to the U.S. economy, we did want to give you…
There is no question: it is hard for a first-time buyer to enter the housing market today. The aspiring buyer faces record-breaking low inventory levels, rising rents, and student debt loads that make it difficult to save. But for some, there is a way that does help: they turn to…
It’s 2020, and that means many of us are writing our New Year’s resolutions and goals for the coming year. So at Prime Nest Realty, we wanted to outline ten financial goals you should keep for all of 2020 – and beyond! 1.) Start saving Without a solid savings account…
The popular American Business Magazine FORBES published an article about the problems that buyers may face if don’t work with an real estate agent. They wrote this: A home buyer could lose big money by not working directly with an agent who solely represents them, the Consumer Federation of America warned today. A…
In a Nutshell Depending on your unique situation, there are several documents you might need when you apply for a home loan, including your tax returns, pay stubs, bank statements and credit history. The list can seem very daunting to new mortgage seekers, but it doesn’t have to be if…
Buying and selling Orange County homes can be a complicated process. There are several moving parts that must be carried out exactly to spec or else there will be hiccups along the way. Even one misstep – no matter how seemingly small it seems – can altogether stop, or significantly…