Many sellers in today’s market favor buyers who are willing to guarantee their full offer price—even if the property appraises for less. For the buyer, that could require a financial leap of faith that the home is a solid investment. It also means they may need to come up with additional cash at closing to cover the gap.
5 Questions to answer before purchasing your first home. Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership.
How does a lower mortgage rate save you money? According to Trading Economics, the average new mortgage size in the United States is currently around $410,000.2 Let’s compare a 5.0% versus a 6.0% fixed-interest rate on that amount over a 30-year term.
10 tips to make your moving to a new home go as smooth as possible
We took a day trip and went out to Bok Tower Gardens. Its about a 1 hour and 20 minute drive from Orlando to the Bok Tower Gardens historical landmark in Lake Wales. Through the inspiration of Mr. Edward William Bok and the vision and design of Frederick Law Olmsted Jr. “Bok Tower Gardens has offered some ofContinue reading “A Visit to Beautiful Bok Tower Gardens and EL Retiro by Todd Mowry Your Local Orlando Area Realtor”
This picture is of the clock structure located in the middle of the main street area in Downtown Winter Garden FL A great little place that used to be more of an undiscovered secret was downtown Winter Garden. It was known only to those in the area and those that lived close by. Now wordContinue reading “Downtown Winter Garden- One of the Great places to visit near the Orlando Area by Todd Mowry Your Local Orlando Area Realtor”
What you are seeing in the graphic above is the Real Estate sales stats from March 2022 from Florida Realtors association.
Stats for March 2022 Real Estate sales and other market info
Real Estate is a great hedge against inflation because home prices usually rise with inflation
What will 2022 hold for buyers and sellers