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Archive for the Home Buying Category

Tips for Saving Up for a Down Payment on a Home

By on March 26, 2018   /   Home Buying, Homeownership  
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Saving up for a down payment on a home can be a challenge, especially in today’s economic climate where wages aren’t increasing at the same rate as rental prices. However, there are a few saving strategies that can help. In today’s post, we’ll look at a few of those strategies and offer practical tips on how to grow your savings enough to make sizable down payment. How much do I need for a down payment? For most buyers in today’s market, financing the purchase of a home through a mortgage is the only feasible way to obtain homeownership. According to

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3 Things You Might Not Know About Short Sales

By on February 2, 2018   /   Home Buying  

Thinking of buying a home? Want to find a bargain? Short sales may be worth considering, but only if you can handle this real estate transaction’s unique challenges. Before you fall in love with a short sale and start working on an offer, take some time to familiarize yourself with the following lesser-known aspects of buying a short sale. 1.) Short sales aren’t always priced at a deep discount. (And sale price is subject to the seller’s lender’s approval) Short sale properties are homes listed at a discount, typically as a last resort method of avoiding a foreclosure situation. For

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Home builder confidence remains strong into the new year

By on January 17, 2018   /   Economic News, Home Buying, Homeownership, Real Estate  

Builder confidence for new, single-family homes fell slightly as 2018 began, but overall remains strong. The National Association of Home Builders (NAHB) recently released the results of their monthly joint report with Wells Fargo, which support the continuing strength of the market for new homes. The NAHB/Wells Fargo Housing Market Index (HMI) dropped 2 points in January to 72 after reaching an 18-year high in December 2017.  So what’s behind the robust state of the newly built, single-family homes market? Proposed tax reform is one factor, along with steady demand for new housing as existing real estate inventory remains sparse. “Builders are

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Rocky River

20545 Center Ridge Road
Suite 250
Rocky River, OH 44116
Phone: (440) 356-3242
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