The keyword in the answer to this question is “amicable” as in the communication and resulting terms being such. With the support of the goal of one party keeping the house by both parties, it can be done.
Category: Home Buying Tips
Thinking about buying a home in 2022? If so, you may be keeping a close eye on current mortgage rates. It can be hard to predict how rates will change in a given year, and rates alone aren’t the only thing to consider when buying a home, but they do have an impact on your finances.
The 2022 National Conforming Loan Limits (available now at GoldCoast Mortgage) have taken a huge jump forward. The Jumbo Mortgage Limit received a robust expansion of value as well. The conforming loan limit is available nationwide and does not have any limitations per county.
A mortgage broker, like any financing entity such as a bank, credit union, or direct lender should provide a specialty. Call it a niche or a competitive advantage. But NO company can be all things to all people. The closer you inspect the more you’ll be able to discern the specialty.
What happens when the housing market crashes? Notice the question is when not if. A housing market crash is as inevitable as an outbound tide although some lunar tides reach higher or retreat further. This feels like a lunar tide to me.
Why Owning Versus Renting Isn’t A Financial Consideration Mortgage companies typically don’t highlight reasons not to buy a home. At GoldCoast we feel that the correct motivation is key to a successful homeownership experience. The “Why” behind your decision to rent a quality apartment, or buy a home or condo is a quality-of-life decision. There […]
Homes in rural areas are generally much less expensive than those in cities and the suburbs. For the same price as some suburban homes, you can often purchase a great house on several acres of land in a rural environment. If you’ve ever been interested in starting a homestead or owning horses, buying a home in the country could be your first step toward realizing those goals.
This is a super-logical question to ask. The frank answer is …… it’s really the least of your worries! And since you’re (hopefully) not really worried, per se, let’s rephrase that to: “it shouldn’t really be even a small, if any, concern for you.” You’re about to fry some much bigger fish.
Home Ownership is a Competitive Sport. How will you win? Meet “Peter Purchase” your homebuyer planner. Peter lives and works here (in our Commonwealth) not there (at a call center in a different time zone). If you decide to work with us (and we decide to work with you) you will most likely meet Peter, […]
f you’ve been bidding on homes with no success, you may be searching for a solution that will guarantee you win your next bid. One such solution is what’s known as an “escalation clause.” While including an escalation clause in your bid could improve your chances of securing your next home, there are pros and cons to using one. Here’s what you need to know.
Purchasing a home is an important stage of life that most of us aspire to. But it’s not uncommon for us to live in rental units for a time, especially when we’re still young and just starting our careers. Apartment life might be sustainable for a little while. But eventually, there comes a time when you realize you’re throwing away money that you could be investing in the equity of a home.
The Fed has kept interest rates low since the start of the COVID-19 pandemic to make borrowing more accessible to both consumers and businesses. A low rate makes short-term loans more affordable, which in turn makes it easier for people and businesses to acquire the things they need.
If you’re thinking about buying property in 2021, one of the most important things to consider is the current mortgage rate. While mortgage rates are only one determining factor in how you reach your property goals, they do have a direct impact on your monthly and yearly finances.
When it comes to real estate, one of the most common questions people have is, “When is it the right time to buy or sell a home?” Often, the right time to buy or sell has less to do with market conditions and more to do with your family’s needs. But if you want to get the best deal in your transaction, it pays to keep an eye on the market.
Make Sure Your New Property Isn’t Sinking First There’s a certain attraction to living in Boston. Although it’s quite expensive, living in the heart of the city means you get to be close to some of the best things the state has to offer, including a rich history, world-class healthcare facilities, and plenty of day […]