Lamacchia Realty

NOVEMBER 4, 2021

COMMON FEARS OF HOMEOWNERSHIP. For many people, all of the responsibilities of homeownership can bring about many fears. From the stress of finding just the right home to figuring out your finances, to closing, and dealing with the responsibilities of being a new homeowner, there’s a lot to consider. Financials. Credit Score.

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Movoto

FEBRUARY 23, 2024

You lease a property with the option (or obligation, depending on the agreement) to eventually purchase it , often after a predetermined period. You lease a property with the option (or obligation, depending on the agreement) to eventually purchase it , often after a predetermined period. You get to know the property.

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Raleigh Realty

FEBRUARY 19, 2022

We have you covered. You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. You can practically feel the keys landing in your hand, especially if you're a first-time homebuyer. But before you do there's one last factor to consider: the home appraisal.

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Quicken Loans

DECEMBER 16, 2021

Here are a few housing market predictions for 2022 to help you prepare for the market’s future. But that only increased demand as stay-at-home orders reiterated the need for a home that was the right fit. But that only increased demand as stay-at-home orders reiterated the need for a home that was the right fit.

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Quicken Loans

JUNE 21, 2021

If you are a veteran, member of the active military or even the surviving or current spouse of a veteran, you may need more information about the two most popular government-backed loans available to you today: the VA loan and the FHA loan. . There are no income limits, but there are limits on how much you can borrow.

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Will Springer Realtor

FEBRUARY 22, 2022

While there is no right or wrong answer, it is generally best to begin by researching and interviewing mortgage lenders. While there is no right or wrong answer, it is generally best to begin by researching and interviewing mortgage lenders. If you are buying a property with cash, then you can stop reading this post!).

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Quicken Loans

JUNE 8, 2021

Looking to buy a new home but worried you won’t be able to afford the monthly mortgage payment that comes with it? Or maybe you want to buy in a popular neighborhood, but you think its homes are too expensive for your budget? Buying the right foreclosed property can get you a home at a bargain price.

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Lamacchia Realty

OCTOBER 13, 2022

Sellers and their agents use comps to help determine a proper list price for a property. Closed comparable sales, also known as ‘comps,’ are used to approximate market value for residential properties. As well, there is one non-physical consideration to consider, and that is time since the property sold. Time and Comps. Take this home for example.

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Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” Immediately, the question arises: How do you start the process of getting a mortgage loan? You may be wondering, “Is my credit score high enough to qualify for a loan? How long does it take? Get Preapproved.

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Quicken Loans

JANUARY 11, 2022

What is a VA loan, how does it work, and are you eligible to obtain one? You may be wondering, though: How does a VA loan work? All are good questions to ask, especially if you’re a military servicemember, activity duty borrower, or have a veteran in the family. Department of Veterans Affairs (VA). Let’s take a closer look!

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Hood Homes Blog

MAY 6, 2018

If you are just starting out on your journey to homeownership, you will want to start by locking down your budget. If you haven’t taken into account all the costs of homeownership and how it will impact your current budget, you could be putting yourself in a tough spot in a few years’ time.

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Appraisal Today

MAY 26, 2023

MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Here is some guidance on cosmetic repairs vs. MPR repairs. Photos and lots of examples.

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Will Springer Realtor

SEPTEMBER 12, 2023

During an otherwise mundane annual physical, my doctor includes the usual reminders: Watch what you eat and drink, hit the gym and go for a walk every other day or so. He said something interesting at the end of his rinse & repeat suggestions about moving my feet: “This is a walking city, you know.” Seattle is a good walking city.

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The Robert Weiler Company

SEPTEMBER 7, 2022

Why should you buy land in Ohio? Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! ” Hint: Yes, it is! ” U.S.

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Quicken Loans

APRIL 5, 2021

There’s no doubt that buying a home is a major life decision, but is it right for you? Your decision can boil down to several lifestyle considerations such as whether you want flexibility or stability, what your career goals are and whether you want a place to truly call your own. You don’t build any equity.

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Will Springer Realtor

MAY 9, 2023

The average tenure for homeownership is now at a historic high of 10.7 Forget investing in a new home, you might want to look at kitchen and bath suppliers and remodelers as wise investments! Owners are investing about $475B ( yes, billion! annually in home improvements across the U.S., Kitchen and bath professionals are reporting 3.9-month

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Will Springer Realtor

JANUARY 9, 2024

The most significant impact of reduced finance costs is the potential for lowering barriers to homeownership, which has reached unprecedented heights in the past two years. I went into greater detail on this topic in a recent blog post.)In Treasurys and mortgage-backed securities.

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Cornerstone

JUNE 1, 2021

No matter what the headlines may say, experts have answers that can help you enter the market with confidence. The housing market right now is actually stable and has been a helpful driver of our economic recovery. That’s the question on every homebuyer and seller’s mind. It is simply lack of supply.” Download LoanFly. (

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Quicken Loans

APRIL 6, 2021

If you grew up in a traditional detached house with a yard, you might not know that there are other housing options available to you. If you grew up in a traditional detached house with a yard, you might not know that there are other housing options available to you. What Is A Condo? What Is A Townhouse?

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Lamacchia Realty

JULY 26, 2023

To learn more about inventory, click on the chart on the right. In the chart below, you can see that over the past four years prices have steadily gained over prior years with this year being the first since before the pandemic to see only slight increases. Number of Homes Sold Decreased by 24.8% Number of Homes Sold Decreased by 24.8%

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Will Springer Realtor

AUGUST 11, 2023

Is the dream of homeownership going the way of the dodo? Click to expand any image or graphic from my newsletters and blog posts.) In 2022, the index fell off the cliff: Homeownership remains a great way to build wealth, especially for the middle class and people of color, who may have few investments.

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Will Springer Realtor

OCTOBER 11, 2023

Since Veterans Day falls on a Saturday this year, you can expect far more people and far less available parking. are a bit like that one quirky relative at family gatherings – they have their benefits, they have their drawbacks, and sometimes, they just leave you scratching your head in bewilderment. . Entry is free on Nov.

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Lamacchia Realty

JULY 13, 2022

When you are paying rent, your entire rent goes directly to the landlord’s pocket, but when you own, this goes directly towards paying off the home. In turn, you are building equity and growing your personal wealth overall. Buy now and get the security of your own space, or rent to try and potentially save a little more.

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Landlords Mortgage Renovations Buyers 56

Will Springer Realtor

JULY 13, 2023

If we are supposed to be back in the office, you can be forgiven if you don’t believe it. The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. Office vacancies in U.S. urban centers remain mostly higher than in 2019.

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Will Springer Realtor

OCTOBER 10, 2023

Autumn marks a change – shorter days, cooler temperatures, falling leaves … and falling home prices. This is the season when buyers can take advantage of homeowners wishing to sell before the holidays and are showing a willingness to budge on price or make other concessions. 1 and Oct. 1 for all home types in King County. on the year. in Seattle.

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Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% or lower – as low as 2.77%, according to Freddie Mac. Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies.

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Will Springer Realtor

JUNE 6, 2023

Unlike other parts of our country, Washingtonians are fortunate to live in a state that mandates equal rights and protections to all members of society. The legalization of same-sex marriage in 2015 helped to improve homeownership opportunities for the LGBTQ+ community. Washington, where 5.2% That’s 24M Americans, including 19.7%

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Will Springer Realtor

AUGUST 9, 2022

First, I hope you are enjoying the summer and our beautiful weather. You deserve it! take it one big step further, governments should grant property owners the right to sell detached ADUs to boost family incomes by reducing rent dependence and address missing-middle housing, a topic covered in this newsletter.

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Will Springer Realtor

JUNE 8, 2022

homeownership rate, stuck at about 65% for a half-century? Efforts over many decades to steadily increase homeownership have failed. The unprecedented housing price increases in our region – up 39% in King for all home types since May 2019 – will possibly stunt homeownership rates going forward. What is the answer?

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Will Springer Realtor

AUGUST 9, 2021

I have covered this topic both within the newsletter and on my blog and hear from people in real estate about their frustration over the lack of significant action. America’s housing stock is in a dire situation. Shortages are chronic, housing prices skyrocketing. in early August and are at lows not seen since October).

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Will Springer Realtor

JANUARY 7, 2022

We are only a couple of weeks into 2022 and the region’s residential real estate market is already getting back in motion for what should be another year of unprecedented levels of activity and incredibly high demand. The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021.

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Will Springer Realtor

JUNE 9, 2023

You can’t blame them for wanting to live in a tech-friendly area that embraces living environmentally responsibly as well as enjoying our magical environment of trees, mountains and water. While I’m all for a growing and diverse melting pot in our region, it’s quite apparent we need a bigger “pot” in the form of more housing. Census data.)

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Will Springer Realtor

JULY 9, 2021

We envision a country where no matter where you live, or who you are, you can enjoy living in a place that is healthy, prosperous and resilient,” Calvin Gladney, CEO of Smart Growth America, told a group of Realtors® in D.C. Where would you like to see this type of neighborhood development? This is hardly a new concept.

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Housing Wire

DECEMBER 13, 2021

The injunction claims that the ban violates the First Amendment rights of brokers, agents and their clients and that based on previous precedents set by commercial speech cases, such as Virginia State Bd of Pharmacy v. The bill was sponsored by Democratic state representative Mark Meek, who is a real estate broker himself. 3601 et seq.).”.

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