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9 August 2024 | 18 replies
There appear to be a lot of assumptions that could affect your timing, so you may have some delayed gratification depending on how long each step takes.
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7 August 2024 | 7 replies
So while some rules only affect potential residents, they can have the effect that investors in land like us will have trouble finding buyers.
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5 August 2024 | 0 replies
Mortgage rates are finally seeing some relief! With the potential for a Fed rate cut on the horizon, it's a great time to consider refinancing or purchasing a home. What are your plans?
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7 August 2024 | 73 replies
But retail has trimmed physical footprint to defeat that---> yes, lot of store closing, but gov would say it'sretail/walgreens issue or Amazon issueI think people look at the wrong numbers sometimes, but yes in general jobless claims need to and will rise---->yes, more white collar job is affected but since they are rich in cash and rich in equity, that's not translateinto home price reduction so far.More and more evidence is showing that home price appreciation occured because of migration or transfer of wealthrather than the strength of local economy.
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6 August 2024 | 1 reply
Your current mortgage payment will not affect DTI as long as you have a future tenant lined up prior to closing on your new primary.
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6 August 2024 | 1 reply
Does this affect a cash-out refinance or pulling out equity in the form of a HELOC/equity loan?
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6 August 2024 | 1 reply
Does this affect a cash-out refinance or pulling out equity in the form of a HELOC/equity loan?
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6 August 2024 | 4 replies
Any property unsold would affect the amount of proceeds you would have to reinvest with and cover less of the replacement expenses.
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5 August 2024 | 4 replies
Based on my research so far it seems the most easy to find CRE mortgages are short term (up to 10 years, though amortized 25-30), but I have also seen people repeatedly state that you CAN find longer term CRE loans.
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7 August 2024 | 32 replies
The 401k I used to have said if I default it didn't negatively affect my credit, but that it would become a taxable event like a withdrawal (come tax season) and I would have to pay penalties for the amount I had remaining.