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What Is a Lien on a House?

What Is a Lien on a House?

by Third Party | Feb 7, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Point 2 Homes —  Understanding How Liens Work A property lien is a legal claim against a property, allowing the creditor to use it as collateral to collect what they’re owed if the debtor cannot make payments. Consider this common scenario to better...
Most Equity Rich Homes in 2021 Located in Western U.S.

Most Equity Rich Homes in 2021 Located in Western U.S.

by Third Party | Feb 7, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: World Property Journal —  According to ATTOM Data’s fourth-quarter 2021 U.S. Home Equity & Underwater Report, 41.9 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth quarter, meaning that...
Housing wealth is setting new records for both owners and sellers

Housing wealth is setting new records for both owners and sellers

by Third Party | Feb 6, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: CNBC —  The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth. What they choose to do with it could have impacts on the broader economy.  Annual home price gains averaged 15%...
8 Simple Rules for Negotiating Your Offer and Getting That House

8 Simple Rules for Negotiating Your Offer and Getting That House

by Third Party | Feb 6, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Houselogic —  Here’s the dream: Your offer is perfect, you don’t need to negotiate, and you can spend the next few weeks addressing more pressing home ownership questions like, “Why is it called wainscoting?” and “Do I want a new couch in blush or...
MILLENNIAL DEMAND IS DRIVING PRICES UP IN NEIGHBORHOODS WITH KIDS

MILLENNIAL DEMAND IS DRIVING PRICES UP IN NEIGHBORHOODS WITH KIDS

by Third Party | Feb 6, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: RISMedia —  With a record number of millennials set to reach key age milestones for homebuyers over the next two years, experts say this could push already accelerated price gains even further. This, according to a new report from Zillow that found home...
Why the blockbuster January jobs report means your mortgage and credit card payments will get more expensive

Why the blockbuster January jobs report means your mortgage and credit card payments will get more expensive

by Third Party | Feb 5, 2022 | Mortgage Information, News/Current Events

Source: Business Insider —  The January jobs report was hugely positive. Its effects on your debt won’t be. Data published Friday showed the US adding 467,000 nonfarm payrolls last month, beating expectations and signaling the Omicron wave did little to...
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