Getting a mortgage is, by general consensus, the most treacherous part of buying a home. In a recent survey, 42% of home buyers said they found the mortgage experience “stressful,” and 32% found it “complicated.” Even lenders agree that it's often a struggle.
“A lot can go wrong,” says Staci Titsworth, regional manager at PNC Mortgage in Pittsburgh.
If you're out to buy a home, you have to be vigilant. To clue you into the pitfalls, here are six of the most common ways people mess up getting a mortgage.
What Is a Mortgage? Your Go-To Guide to Getting a Home Loan
Mortgage Pre-Qualification vs. Pre-Approval: What's the Difference?
Is a Mortgage Pre-Approval Letter Necessary to Make an
The majority of individuals on BiggerPockets are investing in real estate because they want to create financial freedom. Blog and forum posts often touch on the fact that building out a real estate portfolio will allow you to achieve financial freedom. And I certainly agree with this notion. But what I’ve come to realize is that financial freedom isn’t what it’s all about.
Few people actively write about building a lifestyle. True, there are many blog posts that touch on lifestyle by roughly saying, “I invest in real estate so that I can eventually do these additional things that I love.” The focus is on building a real estate portfolio with the lifestyle as a result. And that’s the problem.
Condo Conversion of Atlantic Station’s Tallest Building Has Changed the Game Curbed Now, after a decade and a major rehab of the building, The Atlantic is being fully flipped to condos.
Saudi Prince Sells Trump Place Apartment for $36 Million Mansion Global A Saudi prince has sold off a lavish Manhattan triplex, boasting a jellyfish tank and panic room, at a Trump-branded building for $36 million.
Who Ordered All the McMansions? 10 Cities Where They're Piled Highest Realtor.com While the idea that "Your home is your castle" has been around, presumably, since medieval times, it took on a whole new meaning in the 1980s and '90s, when "McMansions" started sprouting across the United States like upscale real estate kudzu.
The California Association of REALTORS® (CAR) is attempting to qualify a ballot initiative, The Property Tax Fairness Initiative, which will restructure the way property taxes are calculated for buyers over the age of 55 (and also the disabled and/or natural disaster victims). In many cases REALTORS® are already circulating petitions asking for ballot-placement of the initiative, and, in short order, professional signature-gathering organizations will be engaged as well.
CAR's approximately 200,000 members have been assessed $100 each in support of the effort; and there are expectations that the Association's substantial reserves will also be tapped in efforts to support the initiative's passage.
Whether you’re celebrating this Valentine’s Day with your special someone or enjoying the day with your closest family and friends, we’ve got the perfect homes to make any and all hearts swoon. From the romantic corners of Québec to the sun-kissed beaches of Los Cabos, this roundup of on-the-market Engel & Völkers properties is sure to satisfy all types of home searchers.
Outdoor Entertainer Los Cabos, Mexico
Looking to heat things up during the cold winter months? This Los Cabos estate is situated on the edge of the Sea of Cortez, and its spectacular outdoor living space is made even more impressive by having the beach literally in its backyard. Boasting an outdoor bar, kitchen and fire pit, this seaside escape also has
Have you ever sold a home that felt like a bad break up from a romantic relationship? Or, are you selling a home now but unsure why your emotions are in flux? Then you are not alone!
Selling a home can be an emotionally charged major life event. However, like breaking up with someone that you genuinely cared for but simply have outgrown, the “blow” can be softened with the right technique, even on the most heinous of days to dump someone (like Valentine’s Day — ugh). Let’s discuss the dos and don’ts of selling a home in light of what you hope is an amicable break up.
DO GET DRESSED UP
Breaking up can be hard to do, especially if you are planning it anywhere near
House Hunting in … Hong Kong The New York Times Regardless of whether they are purchasing a first or second home, foreign buyers pay a stamp duty of 30 percent (an additional 15 percent stamp duty on top of the 15 percent paid by local buyers on a second or third home), said Chris Liem, owner and principal of Engel & Völkers Hong Kong.
Stock Market Plunge: Is Real Estate Safe? RISMedia While homeownership rates and home prices are currently at an all-time high, they are not to blame for the market’s volatility.
Condo Tower at Block-Swallowing Midtown Development Has Branding, More Details Curbed According to Christa Huffstickler, president and CEO of Engel & Volkers Atlanta, who’s been tasked with selling the condo project, the team “spent a lot of
By Clare Trapasso | Feb 1, 2018
Home sellers had it good at the end of last year, racking up profits they hadn't seen in more than a decade, a new report finds.
In the last quarter of 2017, sellers pocketed an average $54,000 over what they originally paid for their homes, according to a recent ATTOM Data Solutions report. That's up 0.49% over the previous quarter and nearly 14.6% over the same quarter the previous year.
And it's the most sellers have netted, an average 29.7% profit, since the third quarter of 2007. Thank the national housing shortage for those sky-high returns.
"If you're selling, you're taking advantage of a red-hot housing market with low supply, high demand, and
Patrick Ecclesine/Kurt Iswarienko/Bravo/NBCU Photo Bank via Getty Images
Take Bethenny Frankel from "The Real Housewives of New York City," pair her up with real estate agent Fredrik Eklund of "Million Dollar Listing New York," and what do you get? A new reality TV show, "Bethenny & Fredrik," which promises plenty of fireworks between these two powerhouses who have personality to spare.
This Bravo series, which premieres on Tuesday, follows the longtime friends and brand-new business partners as they invest their own money to renovate homes in Manhattan to flip for a profit. And if the show's teasers are any indication, these two aren't afraid to bare their flaws—and fangs—as they navigate one of the priciest markets in the