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#266: Ask Paula – Your Real Estate Questions, Answered

Afford Anything

If I’m interested in buying this property, would the bank still expect me to put 20 percent down, given that I’ll have instant equity based on the value of the house? Paul’s parents own a property worth $100,000, and they owe $80,000 on the mortgage. If he wants to buy this property from them, how should he do it?

HR 126
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Despite headwinds, these mortgage companies are hiring

Housing Wire

Bank, Citi and Bank of America looking to expand the ranks of LOs. WesBanco Bank , the second-largest bank headquartered in West Virginia, plans to hire at about a dozen loan originators in 20 major markets this year. Founded in 1870, the bank has about 65 LOs. He’s also bringing in brokers.

Mortgages 442
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#297: Ask Paula – Should I Househack or Pay Off My Student Loans?

Afford Anything

The second option will reduce my rent by $200 per month, and I’d start to build equity sooner. George is torn between paying down his student loan debt (which he deferred) or buying a househack. Which is better for his long-term goal of reaching financial independence? percent interest with eight years remaining).

Loans 67
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#342: Ask Paula: How to Make Smarter Real Estate Decisions

Afford Anything

We have $100,000-$150,000 in equity in it and would make $200,000 in cash if we sold it. TODAY ONLY – Monday, Oct 4 – I’m raffling off 10 coaching calls with me, each call 30 minutes on Zoom, for everyone who enrolls in our real estate investing course by 11:59 pm Eastern (8:59 pm Pacific) TONIGHT. Find out more here.

HR 67
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Looking to Buy in Philly or Pittsburgh? Consider Down Payment Assistance in Pennsylvania!

HomeLight

Coming up with that amount of money to spend on a single purchase can be daunting, especially for first-time homebuyers, who don’t have equity in an existing home. The state has much to offer prospective homebuyers, whether you are looking for a home with property or want to settle down in the city. This is called your down payment.

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House Republicans offer counterpoints to Biden’s housing proposals

Housing Wire

Because of the lack of housing inventory, the median home price has gone up too, by 27% just since 2020.” “These high prices are great for the current owners, but they’re difficult for anyone looking to move anytime in the near future as their equity is now worth more,” he said. “It Doubling the average monthly payment.

HR 424
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Seven Predictions for 2023: The Grime Edition

Notorious ROB

Welcome to yet another edition of the Seven Predictions, sure to be wrong or your money back. Does not apply to VIP Subscriptions.) This is one of my favorite annual traditions around this time of year. For those keeping track at home, I just published my results from last year’s predictions , and my lifetime average is.374.

MLS 79