What’s the Difference Between a Home Inspection and an Appraisal?

Written by Sebastian FL Mortgage Syndicated User on April 21, 2023. Posted in For Buyers, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. Here’s the breakdown of each one and why they’re both important when buying a home.Home InspectionHere’s the key difference between an inspection...

Falling out of Love with Your House? It May Be Time To Move.

Written by Sebastian FL Mortgage Syndicated User on April 20, 2023. Posted in For Sellers, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move.According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years. If you’ve been in your home for a while, think about how much in your life has changed since you moved in. Even if you thought it would be your forever home when you bought it,...

5 Reasons Millennials Are Buying Homes

Written by Sebastian FL Mortgage Syndicated User on April 19, 2023. Posted in Demographics, First Time Home Buyers, For Buyers, Millennials, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may choose to become a homeowner. Here’s why other millennials have made that decision (see graph below):This graph shows why millennials are buying homes according to Zonda’s 6th annual millennial survey. The top reasons include building equity, a change in life stage, wanting stability, rising home...

Think Twice Before Waiting for Lower Home Prices

Written by Sebastian FL Mortgage Syndicated User on April 18, 2023. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Millennials, Move-Up Buyers, Pricing, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy.A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data...

Florida Mortgage | Homeownership Is a Hedge Against Inflation

Written by Sebastian FL Mortgage Syndicated User on April 16, 2023. Posted in Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

Florida Mortgage | Homeownership Is a Hedge Against Inflation | NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #fidelityhomegroup

Home Inspections for Sellers: What You Need To Know [INFOGRAPHIC]

Written by Sebastian FL Mortgage Syndicated User on April 15, 2023. Posted in For Sellers, Infographics, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates, Selling Myths.

Want To Sell Your House This Spring? Price It Right.

Written by Sebastian FL Mortgage Syndicated User on April 14, 2023. Posted in For Sellers, Housing Market Updates, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates, Selling Myths.

Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now. If you’re thinking of selling your house this spring, it’s important to lean on your expert real estate advisor when it comes to setting a list price. As Realtor.com explains:“Move-in-ready homes with curb appeal and in desirable areas—and that are priced to sell—are especially likely to move quickly this spring.”In today’s market, how you price your house will not only make a big difference...

Your Tax Refund Can Help You Achieve Your Homebuying Goals

Written by Sebastian FL Mortgage Syndicated User on April 13, 2023. Posted in Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses.SmartAsset estimates the average American will receive a $1,798 tax refund this year. The map below provides a more detailed estimate by state:According to Freddie Mac, there are multiple ways your refund check can help you as a homebuyer. If you’re getting a refund this year and thinking about buying a home, here are a few tips to keep:Saving...

The Big Advantage If You Sell This Spring

Written by Sebastian FL Mortgage Syndicated User on April 12, 2023. Posted in For Sellers, Housing Market Updates, Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares:“. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory. The answer is no, because active listings fell to a new low last week for 2023 . . .”The National Association of Realtors (NAR) confirms today’s housing inventory is low by looking at the months’ supply of homes on the market. In a balanced market, about a six-month supply is needed. Anything lower is a sellers’ market. And today,...

Florida Mortgage | Why a Smaller Home May Be the Best Fit

Written by Sebastian FL Mortgage Syndicated User on April 12, 2023. Posted in Sebastian FL Condo Financing, Sebastian FL Mortgage, Sebastian FL Mortgage Rates.

Florida Mortgage | Why a Smaller Home May Be the Best Fit | Are you a homeowner starting to plan where you’ll live when you retire? Let’s explore today’s downsizing opportunities so you can better understand your options. NMLS ID 1834853 #floridarealestate #floridahousingmarket #fidelityhomegroup

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