In divorce situations, it is common, for the spouse who keeps the home to refinance to remove the other spouse from the loan. Equally as common, first-time buyers who don't have enough income to qualify may ask a parent to co-sign and must add their name to the Continue Reading
The fall colors in the Tahoe area have been spectacular this year. I wish we had fewer pines and more deciduous trees, but then we'd look like the east coast! :). All kidding aside, I'll share a couple of "colorful spots" for viewing next fall season. Just reach out Continue Reading
U.S. homeowners with mortgages have seen their equity increase by a total of $2.9 trillion or 29.3% since the 2nd quarter of 2020. Continue Reading
The highest activity during a listing period happens in the first weeks it comes on the market because of the surge of buyers wanting to see the "new" listing. After that, it only new buyers to the market who will look at it. Continue Reading
With the rapid appreciation that homes have had in the last two years, most homeowners have equity. A common way to release part of the equity is to cash-out refinance but some homeowners may not be eligible currently. This type of loan replaces the current mortgage Continue Reading
In the Boy Scouts, a certification, called a Totin' Chip, is required for scouts to carry, and use woods tools like a knife, axe and a saw. They must read and understand the use and safety rules from the scout handbooks and demonstrate the proper handling, care, Continue Reading
A Seller's equity in their home is the difference between what the home is worth and what they owe. At any point in time, it is an estimation because value is a very subjective term. If the seller thinks the home is worth more than an actual buyer will Continue Reading
A successful home sale, considered by many owners, is to maximize their proceeds in the shortest time with the least inconveniences. Just because it is a seller's market doesn't mean that homeowners can shortcut some of the steps that make it happen and they certainly Continue Reading
According to a survey by the Federal Reserve Bank of New York, 90% of respondents chose owning a primary residence over investing in the stock market. They cited higher returns and lower volatility as reasons to buy a primary residence. Additionally, more than 50 Continue Reading