Buying Myths Archives - Page 17 of 18 - The Mike Lentz Team | Keller Williams Realty | South Jersey Real Estate

Buying Myths

Two Questions To Ask Yourself if You're Considering Buying a Home

Two Questions To Ask Yourself if You’re Considering Buying a Home

Two Questions To Ask Yourself if You’re Considering Buying a Home   If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone...

Why Buying a Home Makes More Sense Than Renting Today

Why Buying a Home Makes More Sense Than Renting Today

Why Buying a Home Makes More Sense Than Renting Today   Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988.  And, data from the latest...

Your Tax Refund Can Help You Achieve Your Homebuying Goals

Your Tax Refund Can Help You Achieve Your Homebuying Goals

Your Tax Refund Can Help You Achieve Your Homebuying Goals   Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses. SmartAsset estimates the average American will receive a $1,798...

Trying To Buy a Home? Hang in There.

Trying To Buy a Home? Hang in There.

Trying To Buy a Home? Hang in There.   We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason to stick with your search. Here are a few...

How Changing Mortgage Rates Can Affect You

How Changing Mortgage Rates Can Affect You

How Changing Mortgage Rates Can Affect You   The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship between mortgage rates and a typical...

Facts About Closing Costs

Facts About Closing Costs

Facts About Closing Costs   Some Highlights If you’re thinking about buying a home, be sure to plan for closing costs. Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more. Let’s connect so I can answer your questions about the homebuying...

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