If you’re looking to buy property, here in the northeast or anywhere else, one of the first and best pieces of advice you’ll almost certainly hear is to know the real estate market where you’re trying to buy. The more information you discover about what property is selling for in a particular market and the more you get a sense of where a real estate market is headed in the near future, the better you’ll do when it’s time to negotiate a price.
If you’re a senior or if you’re approaching retirement age you probably have a lot of concerns. Do I have enough income? Where will I live? Will I be a burden to my children? Being able to stay in your home or finding affordable housing is one of the biggest issues facing many seniors. At Cliffco Mortgage Bankers, we’re dedicated to helping all of our clients find the loans they need for housing, be it a property purchase, or financing they need to stay in their homes.
It’s one of the questions we’re most often asked at Cliffco Mortgage Bankers: “Should I refinance my mortgage?” The answer isn’t the same for everybody. There are times when it makes financial sense to refinance a mortgage and there are also situations where you’ll end up paying out more than you should. The answer depends on each individual case.
It’s the season of renewal and spring is an excellent time to take control of home improvement projects and renovations. There are plenty of reasons why you’d want to tackle home renovations this time of year. Sometimes it may just be because there’s work on the home that just needs to get done. You might have needed repairs or you may have maintenance to do. Or you simply might want to undertake a larger renovation or a project like adding a new room or extension.
It’s the final step in your journey towards being a homeowner, and it can be the most stressful. When you go to a real estate closing you’re going to sign mountains of paperwork. You’re also going to need your checkbook. That’s because there are a number of fees that are going to be due on the day of the closing. If you’re not ready for what’s going to happen when you close, it’s going to be a more painful experience than if you know what to expect. At Cliffco Mortgage Bankers, we want our clients to have as much information as possible about the home buying process.
Purchasing property and applying for a home loan involves a lot of details and paperwork. There’s a lot to keep track of and for many people it’s difficult to understand. Let’s face it, most people don’t understand every aspect of the loan agreement they have to sign in order to receive financing for a property purchase. But lenders do have to disclose the approximate costs you’re going to have to pay when the loan closes.
Saving for retirement isn’t easy and a lot of us aren’t doing enough. Americans are getting better at it, as a recent survey shows that about half of Americans can now cover 80 percent of their essential expenses. That’s a major increase in preparedness from 2006, according to Fidelity.com. But that means that about 50 percent of the country still isn’t ready for their retirement years.
It’s known as the “Sunshine State” but does Florida have a sunny real estate outlook in 2018? A lot of people want to know the answer. That’s because Florida has long been considered a popular place to live and buy property. With warm weather nearly year round and miles of beaches that border nearly the entire peninsula state, as well as attractions and amenities that attract people from around the world, many people dream of owning Florida property.
We know it’s still pretty cold but spring is coming soon and there will be a lot going on. Flowers won’t be the only thing that will be coming out of a winter slumber. Home buyers will be out in full force too. That’s because spring home buying season is about to get underway. We’re about to hit the part of the year when the home market heats up and Cliffco Mortgage Bankers wants you to be ready.
Buying property can be a scary proposition if you’ve never done it before. You have to learn about the real estate market in the area where you’re looking to make your purchase. You have to know how much you can afford to buy a home. When you’re looking at property, there are many things you’re going to want to ask about. There are also the details like closing fees and home inspections that you have to keep track of. But one of the biggest milestones connected with your property purchase is going to be getting a first mortgage. At Cliffco Mortgage Bankers, we’re committed to helping our clients get that first mortgage.