The new FHA ADU policy makes it easier to qualify for FHA-insured mortgages if the property has an accessory dwelling unit by counting ADU rental income.
Military installations like Fort Hood shape life in Killeen, TX. In Pensacola, FL, the economy and culture revolve around the Navy. Peterson Space Force Base and the Air Force Academy influence Colorado Springs, CO. These military towns require real estate professionals who understand the transient nature of military families. Frequent moves mean constant housing turnover. Younger demographics also distinguish these communities. Agents familiar with military needs can assist home buyers, sellers and renters during their assignments.
Life events housing market dynamics are a fascinating puzzle, with many interconnected pieces. Some of these pieces are things like income levels, economic trends, and government housing policies. But there's another piece of the puzzle that's really important, and that's what's happening in people's lives. This is what we call the "life happens" housing market. It's all about how personal events, like getting married or having a baby, can make people decide to buy or sell a house. At Silver Mortgage, we understand that every mortgage tells a story of a life event.
Are you considering buying a home but unsure about the financial implications? Our comprehensive guide explores the benefits of building equity and the challenges of rent increases, providing you with the knowledge to make an informed decision.
Choosing the right mortgage product can be overwhelming, but with these 15 proven strategies, you can navigate the home buying process with confidence. From knowing your credit score to getting pre-approved, comparing interest rates, and choosing a reputable lender, we cover everything you need to know to choose the right mortgage product.