Which Is Better HELOC or Cash Out Refinance?, Features You Should Avoid In A Home You Buy, Latest Move In US Construction

Which Is Better HELOC or Cash Out Refinance?

Real Estate Tip:

Avoid poorly designed homes--this is often referred to as functional obsolescence. Functional obsolescence reduces the desirability of your home and makes it more difficult to sell. Here are some examples that you should steer clear of: 1) No bathrooms on first floor 2) Bedrooms with no closest 3) Knob-and-tube wiring or fuses instead of a circuit breaker box 4) One outlet per room

Real Estate News:

US construction starts increased 10% in July 2024.

5 Options When You Inherit A Home With A Mortgage, Do You Have To Get A Home Inspection When You Buy A Home? Fannie Mae's Latest Updates To Its Equitable Housing Finance Plan

5 Options When You Inherit A Home With A Mortgage

Real Estate Tip:

Get a home inspection before you buy a home. If the required renovations and repairs identified in the inspection report are beyond your capacity to deal with, move on to another home.

Real Estate News:

Fannie Mae has unveiled its latest upgrade to the 2022-2024 Equitable Housing Finance Plan, aimed at dismantling obstacles to housing and home ownership while The National Association of Home Builders has introduced a comprehensive 10-point housing plan aimed at combating shelter inflation and alleviating the housing affordability crisis by dismantling obstacles impeding the construction of buildings.

How Low Will Interest Rates Go In 2024?, How To Avoid Paying Too Much For A Property, Recent Change To Home Builders House Profile

How Low Will Interest Rates Go In 2024?

Real Estate Tip:

Real Estate Tip: The best way to avoid paying too much for a property is to never offer too much.

Real Estate News:

Builders have been including decks on fewer and fewer new homes recently opting for patios as a substitute.