What’s a Good Debt-To-Income Ratio?
You’ll see the term debt-to-income ratio a fair amount if you’re applying for a mortgage. Debt-to-income ratio is also known as DTI. This is a measure of your monthly debt payments divided by your gross monthly income. Lenders use DTI and your credit history to determine whether or not you can repay a loan. Every […]
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What to Know About Selling a Home to a Family Member
It’s not uncommon to want to sell a home to a family member, but it can become a tricky situation. You have to be mindful of not only the personal elements that can come with doing this type of transaction with a relative, but the IRS may also scrutinize the transaction if you don’t avoid […]
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Consumer Guide: Seller Disclosures
When selling your property it is most important to disclose, disclose and disclose! Sellers must disclose certain characteristics of the property to potential buyers. An agent who is a REALTOR® can help you understand why and what you need to disclose, but here are the basics: What are seller disclosures? Seller disclosures are certain material defects—elements […]
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HOA Covenants: What to Know About CC&Rs
HOA covenants can shape neighborhoods and the lives of residents significantly. Here’s what you should know about HOA CC&Rs. With 75.5 million Americans living in communities governed by homeowners associations (or HOAs) and 3,000 new HOAs expected to form in 2025, community associations are quickly becoming an important aspect of real estate transactions. An HOA […]
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Too Many Homes for Sale, or Not Enough? Making Sense of Recent Headlines for Home Buyers
If you’ve been thinking about buying a house, you’ve probably heard that there aren’t that many homes for sale. And if you’ve been actively looking, chances are you can confirm that firsthand. Browsing listings often feels like looking for a needle in a haystack. You find a home you like, and before you can even […]
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What To Do If Your House Didn’t Sell
Last year, as many as 1 in 3 sellers took their home off the market because it wasn’t selling. If this happened to you too, you don’t need to be embarrassed. The market was very challenging in 2024! What you need are answers. As your local real estate agent, I can help with that by […]
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Home Appreciation: Your Best Protection Against Inflation
Home Appreciation: Your Best Protection Against Inflation Authored By: The MBS Highway Team The Mortgage Bond market continues to pay close attention to inflation, which is a key driver of mortgage rates. Remember, inflation is the arch enemy of fixed investments like Mortgage Bonds because it erodes the buying power of a Bond’s fixed rate […]
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Why Online Valuation’s like Zestimate’s Miss the Mark – Your Net Worth Deserves Better than Guesswork
Why Online Valuation’s like Zestimate’s Miss the Mark – and Why a Real Estate Agent Offers More Accuracy Before the early 2000’s, you may have had a general idea about how much your house was worth at any given moment. But to get an accurate sense of it, you would’ve needed to ask a real […]
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Answers to the Top 5 Questions Everyone’s Asking This Holiday Season
When Will Mortgage Rates Come Down? Unfortunately, when it comes to mortgage rates, there’s no crystal ball. But there are key factors that will influence which way rates will go from here: the labor market, inflation, and the geopolitical landscape – just to name a few. While mortgage rates have been volatile over the past several months, […]
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