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Uncategorized How Does An Assumable Mortgage Work? With conventional mortgage rates the highest they’ve been in over 20+ years, there’s been a sizable amount of interest in assumable mortgages. But what exactly is an assumable mortgage and how does it work? An assumable mortgage is a type of home loan that allows a buyer to take over the existing mortgage of the […]
Uncategorized Thinking of Buying a Home? Here’s A List of Items to Consider. Buying a home is a significant financial and life decision, so it’s important to carefully consider various factors to make an informed choice. Here’s a comprehensive list of factors to consider when buying a home: Budget and Affordability: Determine your budget, including down payment, monthly mortgage payments, and ongoing homeownership costs. Consider pre-qualification or pre-approval […]
Uncategorized Advantages of Owning Waterfront Property For many, living, working and playing in a lake community like Lake Norman is a dream come true but there can be some drawbacks especially in the summertime like increased traffic, noise and crowded restaurants. This article will briefly touch on some of the advantages and potential disadvantages to waterfront home ownership. Owning waterfront residential […]
Uncategorized Residential Real Estate Economics 101 As a real estate agent one is often asked what kind of market conditions exist for residential home buyers and sellers. When supply is low and demand is strong as it is today in many markets, it creates a situation that economists often refer to as a “seller’s market.” In a seller’s market, there are […]
Uncategorized Understanding Assessed Value vs. Market Value One of the most important things to understand in real estate is the value of a property which is not always a simple concept for the average person to grasp. While the type of homeownership varies, there are really only two fundamental ways to understand a property’s worth – the assessed value and the market […]
Uncategorized Key Factors that Influence Buying a House Buying a home may seem like an easy thing to do but in reality several factors can influence the real estate market and impact your decision to buy a house. Here are some of the key factors to consider: Economic Conditions: The overall health of the economy, including factors such as GDP growth, employment rates, […]
Uncategorized The Smart Investor’s Guide to Residential Real Estate Investing in residential real estate has long been a popular strategy for individuals seeking to build wealth, generate passive income, and diversify their investment portfolios. Unlike volatile financial markets, real estate investments offer tangible assets and the potential for steady returns over time. In this blog, we will explore the benefits, key considerations, and essential […]
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