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Winterizing Your Yard: 3 Landscape Tips

Real Estate , ,
In some parts of the country, it has already started snowing! But, even if you live in an area with a moderate climate, your lawn and garden are about to take a "winter break."  Here are 3 tips to assure that your yard will not only survive the winter, but flourish during the dormant season. They'll assure that your landscape will greet spring full of life and beauty. Fertilize The Lawn As Recommended Most types of grass and landscape plants have a kind of built in "alarm clock" that helps them prepare for the changing seasons and the onset of…
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Tech Jobs Driving House Flipping Projects

Real Estate , ,
Reality TV shows about house flipping make it look easy. But behind every lucrative renovation project, there are factors that impact profitability such as buying price, labor costs, unforeseen setbacks and perhaps most importantly, location. There is no escaping the old real estate adage of "location, location, location." Home-flipping entrepreneurs must take into account whether polishing up a blighted building is in a viable resale neighborhood. One of the location factors some house flippers are following is the trend in tech jobs. Because the tech industry does not necessarily rely on interstate highways, commercial hubs or seaports, computer-oriented businesses are…
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4 Things You Should Know About Easements, Right Of Ways

Real Estate , ,
Robert Frost once wrote that "Good fences make good neighbors." The poet was not referring to people bonding over the task of mending fences. Rather, defined boundaries are an important facet of neighborly relationships. Without clearly defined property lines and rights, otherwise good people too often become embroiled in land disputes. That's why a basic knowledge about easements and right of ways can help property owners maintain a working friendship with people whose land abuts yours. These are four of the important elements about easements and right of ways you should know. 1: Types Of Easements An easement allows another…
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What To Know About Specialty Mortgages

Mortgage , ,
Recent medical school graduates, saddled by high student loan debt, sometimes have a hard time qualifying for a first mortgage. Now, however, a growing number of lenders will consider future earnings potential of high earners in the medical profession as a way to offset high debt ratios. But specialty mortgages for young physicians aren't the only unique loans available today. Nationwide, there are a number of unique programs designed to help first-time buyers qualify for a mortgage loan. While some target specific professions, others are open to a wider range of applicants. They are definitely worth exploring if you're interested…
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What’s Ahead For Mortgage Rates This Week – October 15th, 2018

Financial Reports , ,
Last week's economic reports included releases on inflation, consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released. Inflation and Consumer Sentiment Dip The Commerce Department reported slower growth in inflation for September. The Consumer Price Index for September showed a growth rate of 0.10 percent. Analysts projected a reading of 0.20 percent growth, which was based on August's reading of 0.20 percent. This was the sixth consecutive month-to-month increase in the inflation rate. Year-over-year, inflation has grown 2.30 percent as compared to the prior year-over-year rate of 2.70 percent. Analysts said that rising rents and…
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U.S. Wage Increases Could Help Home Buyers

Mortgage , ,
The struggle to achieve the American homeownership dream often feels like it happens in a vacuum. Everyday people work hard, save money and polish up their credit to get a low mortgage rate. But there are powerful forces at work that are far beyond each person's control. And until recently, the gap between American wage growth and rising home prices was widening. According to data coming out of the U.S. Department of Labor, unemployment recently hit a 49-year low and wages are enjoying the greatest uptick in nearly a decade. That is good news for prospective home buyers. American Wages…
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Fall Outdoor Lighting Tips

Real Estate , ,
Many people associate the fall months with cooler temperatures and changing colors. But another defining characteristic of fall is that the days become shorter. Yes, there's limited daylight, as the sun rises later and sets earlier. Noting this, it's important to take any exterior lighting into consideration if you're listing your home this fall. It's important because you want your home to have a welcoming vibe to it, but with the potential for showings to occur in limited daylight, some modifications and new light installations may be necessary in order for it to stand out. What's more is that exterior…
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Foreclosure Rates Expected To Dip Below 12-Year Low

Real Estate , ,
The record-setting pace of the U.S. economy continues to positively impact the housing market and home foreclosures now stand at an astonishing 12-year low. Coming off a GDP growth rate of 4.1 percent and a historic bull stock market run, everyday Americans appear to be benefiting from one of, if not the strongest economies in decades. According to data compiled by CoreLogic, mortgage delinquency rates continue to improve and are already at the lowest levels in 12 years. Building on last year's national trend, foreclosures and mortgages more than 30 days past due declined to 4.2 percent in May. Other…
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True Facts About 4 Real Estate Reality TV Myths

Real Estate , ,
Many of us are guilty of plopping on the sofa and binge-watching reality TV home flipping shows. The allure of buying and selling homes for big profits with no boss looking over our shoulders has major lifestyle appeal. Shows like "Love it or List it," "House Hunters," "Flip or Flop" and others make it look incredibly simple. Even when they face adversity such as rotted wood or bad pipes, the way the reality TV stars overcome adversity is more of an inspiration than a deterrent. And plenty of everyday people do manage to succeed in the house-flipping industry. But many…
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What’s Ahead For Mortgage Rates This Week – October 8th 2018

Financial Reports , ,
Last week's economic reports included readings on construction spending and labor reports on public and private-sector job growth. The national unemployment rate was released along with weekly reports on mortgage rates and weekly jobless claims. Construction Spending dips in September, but Residential Construction Spending Rises Construction spending rose 0.10 percent in September, but residential construction spending fell 0.70 percent month-to-month. Construction spending was 4.10 percent higher year-over-year. January through August construction spending was 5.30 percent higher than for the same period in 2017. Analysts estimated a shortage of approximately four million homes; which accentuates demand and drives prices up. In recent…
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