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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? Kate asks (at 49:53 minutes): My question is around real estate and taking advantage of the current market situation due to COVID-19. It’s now worth $585,000.

HR 126
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#342: Ask Paula: How to Make Smarter Real Estate Decisions

Afford Anything

With a baby on the way and concern about a potential downturn in the real estate market (and thus my income), I’m wondering what action I can take to put us in a secure position? We have $100,000-$150,000 in equity in it and would make $200,000 in cash if we sold it. What do you think about the Miami market? LendingClub Bank.

HR 67
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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

She also wants to investigate whether a Vanguard Institutional 500 Index Trust and a Vanguard Institutional Total Bond Market Index Trust are ideal. The second option will reduce my rent by $200 per month, and I’d start to build equity sooner. The remaining amount is in a Vanguard Institutional Total Bond Market Index Trust (BTBMK).

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

HomeLight

However, In the current housing market where sellers are often receiving multiple offers on a home, larger down payments can make an offer more competitive, not to mention keep the monthly payment lower. So how can first-time homebuyers get into the housing market and craft the most competitive offers? Interested in a historic home?

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Seven Predictions for 2023: The Grime Edition

Notorious ROB

I think they were kind of forced into it a bit early due to the Jerome Powell housing market, but if that’s true… well, then that’s Opendoor showing out. Sure, the brokerage part is hurting badly because of the housing market, but the website remains as vital and as viable as ever. Ready or not, here they come.

MLS 79
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House Republicans offer counterpoints to Biden’s housing proposals

Housing Wire

“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 It is extremely disheartening for anyone who’s in the market for a new home, including repeat and first-time homebuyers. housing affordability challenges.

HR 413