How Does A Balanced Market Affect Home Buyers and Sellers?
The housing market is changing and it is more beneficial right now to home sellers than home buyers. With demand for new homes and existing homes out-stripping supply, the real estate market has been dubbed a “seller’s market”. With home prices continuing to rise and...
What Do I Need to Know about Private Mortgage Insurance (PMI)?
In today’s real estate market, lenders won’t give home loans to potential borrowers unless they can demonstrate the ability to repay their loans. Borrowers in the Sacramento area who have a down payment of 20 percent or less will likely have to pay Private...
Can You Use Home Equity to Buy Another Home
Can you use your home equity to buy another home? The short answer is yes – if you have a sufficient amount of equity in your primary residence. But as with any financing options, tapping into your home equity loan comes with some pros and cons you must weigh in...
