by Chuck Norsch | Jan 26, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior...
by Chuck Norsch | Jan 25, 2021 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and...
by Chuck Norsch | Jan 22, 2021 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics
Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on...
by Chuck Norsch | Jan 21, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....
by Chuck Norsch | Jan 20, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to...
by Chuck Norsch | Jan 19, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold...
by Chuck Norsch | Jan 18, 2021 | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy
In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think...
by Chuck Norsch | Jan 15, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights There are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table. Along the way, be sure to discuss any changes in income, assets, or credit with your lender, so you...
by Chuck Norsch | Jan 14, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the...
by Chuck Norsch | Jan 13, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are...