Home Buying Archives - Page 3 of 3

Home Buying Today, for Millennials

Nov 22, 2023

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Millennials now range in age from their late 20s to early 40s. Most of the ones who can buy homes are getting to the older edge of that range. They need more money than buyers of the past. Maybe that’s why they’re waiting until later in life to buy. In short, this generation’s home buying…

Again, the White House Encourages Homeowners to Sell, and Renters to Buy. Is This Helping Anyone?

Nov 15, 2023

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Deeds.com

in Real Estate

“For millions of Americans homeownership is a foundation for so many parts of their lives,” says the White House. “And for many it is also their primary source of wealth.” With this statement, the Biden administration has announced new actions to support homeownership. Last year, the administration called its Housing Supply Action Plan “the most…

Another Shot at a Cheap Mortgage? Builder Offers 4.25% Rate in Some Cities

Oct 25, 2023

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Deeds.com

in Mortgage

The massive building company Lennar has been giving out 30-year mortgages fixed at a 4.25% rate in Denver. Too good to be true? No, it’s a real offer, from a company doing what it must to attract customers when it’s so hard to afford a home. Colorado buyers have to close by Halloween 2023 to…

Agent Commissions (Literally) on Trial. What’s at Stake for Buyers and Sellers?

Oct 20, 2023

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Deeds.com

in Real Estate

Update: Jury sides with home sellers in commissions trialAfter less than three hours of deliberation, the jury ruled for the plaintiffs in the landmark Sitzer/Burnett trial, awarding nearly $1.8 billion. – Real Estate News The trial started this week. Yes, in an actual courtroom. Sellers in a class action are suing the key real estate…

Did They Really Just Say That?

Oct 17, 2023

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Deeds.com

in Blockchain

“A glut of mediocre Realtors is screwing over homebuyers,” says Entrepreneur.com. Is that just clickbait, or a serious remark? And hey! If we didn’t have agents, what exactly would home buying look like?

Arizona and Florida Buyers: Now There’s a 1% Down Payment Option

Sep 13, 2023

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Deeds.com

in Arizona, Florida, Mortgage

Interest on a 30-year mortgage has topped 7%, bringing rates up to levels not seen since 2002. And with the prices of homes as high as they are right now, it’s harder to buy a home today than at any time in the past 40 years. Prices will stay high because of demand for homes…

Bargain and Sale vs. Quitclaim Deeds: A Concise Guide

Jul 13, 2020

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Deeds.com

in Bargain and Sale Deed, Quitclaim Deed

Are you looking to buy a home though a bargain and sale deed? Perhaps you’re buying after a foreclosure, or from an estate or a court-ordered sale. If so, the entity granting the deed to you might lack knowledge of the property’s history. Basically, the deed means a buyer is expected to accept the house…

What is a Special Warranty Deed?

Oct 5, 2015

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Deeds.com

in Legal Terms, Limited Warranty Deed, Special Warranty Deed, Warranty Deed

If you’re like most people planning to make a real estate purchase, you want to know that the property you’re purchasing is actually owned by the seller, that it’s in reasonably good shape, and that the title is free of defects. Real estate transactions aren’t always as seamless or clean as buyers might like, though.…

Tag: Home Buying