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Owning a home is more affordable than renting one in the Maryland, DC, and Virginia area Considering buying over renting? If the new year has you thinking of making a change, you are not alone. However, you may wonder if the dollars and cents add up in your favor as home prices continue to rise in the Maryland, DC, …
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Most homeowners use the equity in their current home as the down payment for their next home. Properties in Baltimore, Owings Mills, and other hot communities in Maryland go fast, and the competition is fierce. One way to make your offer more competitive is to waive the home sale contingency. A bridge loan can …
In the current interest rate environment, many lenders in the DC, Maryland, and Virginia areas are looking for ways to help make homeownership more affordable. A 2-1 buydown may just be the thing! It is a mortgage lending approach that provides for a lower mortgage payment during the first two years of the loan. In the …
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It is a seller’s market, and first-time homebuyers are looking for tips and strategies to compete in the real estate market. Finding a home and presenting the winning offer is a full-time job. Home prices have hit record highs in Maryland, Virginia, and the DC area, just like many other parts of the country. In some …
Continue Reading about Learn the secrets of successful first-time homebuyers
First-time homebuyers have become increasingly frustrated as they try to enter the housing market. However, if first-time homebuyers compare home prices and rates to what previous generations paid, they may be shocked by what they learn. For example, decades ago, the average home price was a fraction of what it is …
It's very easy to go over your budget during the holiday season. The money adds up between buying gifts and overspending on fun holiday events. Often, this can put you in a challenging financial situation. When you are drowning in credit card payments, the only thing you want to do is pay it all off. If you are up to …
Community Mortgage Group
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