This sounds like a contradiction in terms. But in fact a prefabricated house can be built on site when the factory is on site as well.
“We see a lot of boomerang buyers. I’d say about 20 percent of my current clientele has either suffered a short sale or a foreclosure in the past and are now re-buying back into the marketplace,” said Matt Weaver, a lender with PMAC Lending Services in Florida.
Would-be home-sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell. Doing so would mean giving up an irresistible rate in exchange for a new mortgage carrying a rate up to a percentage point higher.
Applications for U.S. home mortgages rose last week as both purchase and refinancing applications increased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 1.9 percent in the week ended July 4.
Selling a home is stressful. And poorly behaved buyers add to the strain. A little give-and-take is normal, but some buyers push the envelope, as well as the sellers’ buttons. Here are eight ways that homebuyers annoy sellers.
Many people consider buying a house together for many different reasons. Whether it is your first-time home or an investment property, buying a house together does have its perks. If done with care, this arrangement can be very beneficial in getting you a house that you may not have otherwise been able to afford.
Applications for U.S. home mortgages dipped slightly last week as purchases slipped, an industry group said on Wednesday.
Many people still think of prefab homes as “ticky-tacky” little boxes. But think again! There are many incredibly beautiful and interesting houses built with a variety of prefab methods. Prefab homes are now indistinguishable from site-built ones.
If you’re looking to buy or sell a home or other property, you’re probably already talking to a real estate broker and a mortgage lender. But what about a real estate lawyer?
I was talking with real estate agent Jane Wellbrock a few weeks back about the increasing number of multiple bids for what are, in most of the Philadelphia region, too few houses for sale.
Applications for U.S. home mortgages fell sharply last week as interest rates increased, an industry group said Wednesday.
Home loans are about to go on the discount rack for first-time buyers willing to spend a few hours learning the ropes of homeownership, from applying for a mortgage to choosing a contractor for a kitchen remodel.
New household formation and having children are two of the main drivers behind home sales, so knowing what housing markets are the most family friendly is a huge tool for real estate agents and homebuyers.
After drastically tumbling in the fourth quarter of 2013, the first quarter of 2014 not only got worse for banker profits but also traveled into negative territory, according to the Quarterly Mortgage Bankers Performance Report from the Mortgage Bankers Association.
With the summer real estate season upon us, many Americans are considering purchasing a home over the next few months. The total mortgage originations market is estimated to be around $1 trillion in 2014.
Has quiet country life ever appealed to you? Itch that desire without going full farm by moving into a converted barn space—all luxury, no manual labor.
WASHINGTON — U.S. home prices rose in April compared with a year earlier, but the increase was the smallest annual gain in 14 months. Price gains have slowed this year as sales have faltered.
One of the biggest challenges for first-time homebuyers is the tightening inventory in major markets.
WASHINGTON — U.S. home prices rose in March, but the gains are decelerating as fewer Americans can afford to buy. The Standard & Poor’s/Case-Shiller 20-city home price index rose 12.4 percent in March compared with 12 months earlier. While healthy, that rate of growth has slowed from both February and January.