Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there’s still a common myth that you have to come up with 20% of the total sale price for your down payment. This means people who could buy a home may Meet Our Team
Buyers
Want to Build Wealth? Buy a Home This Year.
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these measurements, recent studies show that it’s Meet Our Team
How to move safely during the pandemic
When COVID-19 first hit, plans were inevitably put on hold. We were told it was safest to stay still, stay home. But months later, we’ve had to figure out how to move forward — safely. For some, that means physically moving. Maybe you’re chasing new dreams, making new commitments, or purchasing a new place while interest rates are low. Maybe your lease is up. Maybe living with Meet Our Team
All Homes For Sale In Truckee Under $1M
Currently in Truckee there are only 12 single family homes for sale that are under $1M. Here they are from price low to high: 10310 Trout Creek Road - $350,000 2 Beds, 1 Baths, 760 Sq Ft 10187 West River Street - $598,000 6 Bedrooms, 7+ Bathrooms, 3607 Sq Ft 10244 Laburnham Circle - $660,000 3 Bedrooms, 2 Bathrooms, 1550 Sq Ft 10191 West River Street - $699,000 3 Meet Our Team
Should I Wait for Lower Mortgage Interest Rates?
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, acting sooner rather than later may be the actual win Meet Our Team
4 Reasons People Are Buying Homes in 2021
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward. Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy a Meet Our Team
