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Tag: home buying

How to find a new home after selling yours

How to find a new home after selling yours

Of all the reasons home owners give for choosing to stay in their current home — even though they might like to move — the most perplexing is the question of, “Where would I go?” Sellers realize that even though they may get a terrific price for their home, they will then become a buyer — a less enviable postion in the current real estate market. Where would you go? Here are some potential answers to that question: > Downsize:…

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Home prices show no signs of slowing

Home prices show no signs of slowing

If you are thinking of buying a house, but waiting for the home prices to stop climbing, you may as well hunker down. Recent statistics from the FHFA (Federal Housing Finance Agency) show that although home prices were expected to slow by the end of last summer, they have now risen for 17 consecutive quarters. Nationwide, the increase in August averaged 8%, rather than the 3 to 5 percent economists had predicted. “The long-anticipated slowdown in home price appreciation did not…

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The first step in buying a home

The first step in buying a home

Are you thinking about buying a home? Wondering about how to get started with the whole process? The first thing you should do is talk to an experienced, trustworthy lender (aka loan officer) to get an accurate assessment of your credit status and financial fitness. A loan officer will help you determine the amount of money you can qualify to borrow, i.e. how much house you can afford. How and where do you find a trustworthy lender? I recommend you…

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