18
Aug
By Jim Hasek
Mortgage, ,

A Bidding War Is Taking Place Among Homebuyers

While businesses have fallen on hard times during the past few months, there are signs that the economy is going to start to recover quickly. This could mean that homebuyers are entering the market again as well. With summer being a historically hot time for homebuyers all over the country, there are a lot of experts saying that buyers need to get ready for a bidding war. There are not a lot of homes on the market right now, as sellers are still a bit reluctant to put their homes back on the market with the economy just starting its…
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13
Aug
By Jim Hasek
Home Mortgage Tips, ,

Thinking About Buying An Investment Property? 6 Tips To Ensure You Don’t Get Fleeced

Purchasing an investment property is one of the most important decisions that you'll ever be a part of. As such, it's a necessity to make your decisions with only the most careful of consideration. Here are the six tips that you need to heed in order to ensure that you don't get fleeced. Find The Right Property At The Right Price Yes, this is a whole lot easier said than done. However, it's not impossible. All it takes is some patience and research. You have to determine what everything in your area is selling for in order to be able…
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07
Aug
By Jim Hasek
Fair Housing, ,

Can A Homeowner’s Association Charge Different Fines For The Same Violation?

Living in a multifamily community, whether this is an apartment building or a condo building, comes with certain bylaws. There are usually fines that are used to prevent people from breaking the rules.It is important for everyone to know what these rules are, why they need to be followed, and the penalties for breaking them. Sometimes, homeowners are surprised when they realize they might be fined differently for breaking the same rule. There are a few points to keep in mind. The Fines Should Be The Same While there might be different fines charged for breaking different rules (for example,…
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05
Aug
By Jim Hasek
Mortgage, ,

Comparing An Online And Offline Home Loan Application

The internet has changed how many people shop for a home and one of the most important issues that people will face is whether to fill out a home loan application online or offline. While there is something to be said for going to the loan officer in person and filling out the application with the help of a professional, some people might find the online option to be more convenient. With this in mind, it is important to compare some of the ways in which an online versus an offline home application might be different. The Eligibility Process While…
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28
Jul
By Jim Hasek
Mortgage, ,

Activities To Do Outside While Adhering Social Distancing

The era of social distancing has impacted everyone and this has left people wondering how they are going to maintain control over their sanity. The positive news is that social distancing doesn’t mean that people have to stay inside at all times. There are still ways to go outside and remain socially distant. Check out a few fun activities that people can do together while still social distancing. Take A Trip To A Local State Park One of the great ideas that people should try this summer involves taking a trip to a local state park. While a lot of…
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27
Jul
By Jim Hasek
Financial Reports, , ,

What’s Ahead For Mortgage Rates This Week – July 27, 2020

Last week’s economic reporting included readings on sales of new and previously owned homes. State and federal data on new and continuing jobless claims were released along with Freddie Mac’s weekly report on mortgage rates. Sales of New and Existing Homes Rise in June Sales of new homes rose at their highest rate in 13 years according to the Commerce Department. New homes sold at a seasonally-adjusted annual pace of 776,000 sales, which exceeded the expected reading of 710.000 new single-family homes sold and May’s reading of 682,000 new homes sold. Analysts said that increased interest in relocating to suburban…
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