Category: Blog
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The Importance of Getting Preapproved
Many first time homebuyers mistakenly believe that the first step to buying a home is to find the home they want to live in. In reality, searching for a home should come only after two important things have been completed: finding the right real estate agent and getting pre-approved. Today’s post is about the second step…
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The Benefits Of Homeownership Go Beyond The Financial
Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this. Homeownership is…
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2018 is the Projected Year of Interest Rates Rising and Homes Still Appreciating
The long window of low rates will remain open in 2018, but may be slowly closing. Expect a slow, moderate ascent, with rates staying in the 4 – 5% range in 2018. Now is the time to buy a home, with rates so low and prices continuing to climb. The story may change in 2019 and…
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Interest Rate vs. APR: What’s the Difference?
When shopping for a new home loan, it’s easy to feel overwhelmed by the terminology that lenders and realtors use to describe various aspects of lending: PITI, conforming/non-conforming, jumbo, conventional/nonconventional, ARM… I often tell clients, when in doubt, ask your lender to explain anything and everything to you. There are no dumb questions in real…
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Real Estate Market Update — Recap of October 2017
Home prices set a new record in San Francisco last month, with the median sales price now just under $1.3 million.
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Real Estate Market Update – September 2017
Curious about the San Francisco real estate market? Watch my latest market update video to learn the latest about the market!
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Congress may cap mortgage interest deduction at $500K
West Coast homeowners would be affected most As part of their attempt to overhaul the federal tax system, the GOP and Trump administration are writing legislation that would place new limits on the home mortgage tax deduction—one of the longest standing benefits for homeowners. The move would help offset revenue that would be lost by…
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Who To Notify of Your Move
Although buying a new home can be INCREDIBLY EXCITING, there are admittedly a few less-than-exciting tasks involved in the process. One is the countless changes of address you’ll need to complete to ensure you’ll get the mail you need once you’ve made the move. (After buying a new home, the last thing you need is…
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10 Don’ts To Sail Through the Loan Process
Once a loan is preapproved, many homebuyers mistakenly believe their loan is a guarantee. Little do they know, mortgage lenders are still working to fully approve and push their loan through up until closing day. With these tips, a new homebuyer can help to avoid some common mistakes and sail through the loan process when…
Crystal Schip 