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Making a Move Before Retiring

Retirement often brings many life changes, including a lifestyle not centered around work. As your daily life changes, your housing needs may change too. The space may not fit your needs, or maybe you want to move to a different location. So, one of the key factors in planning your retirement is deciding where you will live, and whether you want to sell your home.

Here are a few things to think about when making that decision.

Non-financial Reasons to Buy a Home

You may have heard how owning real estate is a key part of building generational wealth. Even if you are single or without children, there’s no denying the long-term financial benefits of owning a home. But if today’s housing market has you wondering if now’s still the time to buy, consider the non-financial and emotional reasons too.

Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read a book in a favorite chair, the emotional connections to our homes can be just as important as the financial ones. Here are some of the things that make a house a home.

Why OTC Will Likely Not See a Flood of Foreclosures

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market.

How VA Loans Help Veterans Buying a Home

For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should know about VA loans before you start the homebuying process.

Should You Buy a Home During Growing Inflation?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession.
You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb. The pinch it’s creating on your wallet and the looming economic uncertainty may leave you wondering: “should I still buy a home right now?” If that question is top of mind for you, here’s what you need to know

Home Price Forecasts for 2023

When we look back at history, we’ll likely find our pandemic and post pandemic real estate market is highly unique. Industry experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace.

Revealed! What Mortgage Lenders Review on Bank Statements

Knowing which financial weaknesses raise red flags for lenders, and avoiding them, can strengthen your chances of loan approval. Lenders are trained to spot financial mismanagement so they are careful to review your finances before they take you on as a mortgage client. A bad risk isn’t good for their business.

Get Rid of Mold Before Selling

Mold infestations are one of the major concerns to homeowners and may be a deal breaker for buyers. It ranks close behind termite and roof damage in terms of turning off a potential sale. It is unsightly, has an unpleasant odor, and can be unhealthy to humans.