Your equity can be a powerful tool you can use to help you make a move in today’s market. That’s because it may be some (if not all) of what you need for your down payment on your next home.
How much should you save? That all depends on your potential LTV or loan-to-value ratio. The amount you put down on a new home is important because it directly impacts your LTV and influences whether you will even be approved for a mortgage.
“We have many Realtors who tell us that their sub-markets are doing well, which shows that real estate is local. We are still optimistic that the Houston housing market as a whole will improve later this year.”
Earlier this month, we discussed mortgage fundamentals on our blog. This week, we are going into deeper detail on an often-overlooked consideration: the debt-to-income ratio (DTI.)
According to HAR Chair Cathy Treviño, “Houston real estate is continuing to work its way back to normalcy with more new listings hitting the market and prices easing.”
Due to the difficulty of saving enough money to purchase property outright, mortgages are crucial for many individuals. It is, however, crucial to comprehend the loan terms and ensure that taking out a mortgage is the appropriate decision and that the appropriate type of…
Forza Real Estate Group, Keller Williams Premier Realty ,Home Ownership
County property tax value assessments have been released! Any increase impacts your monthly payments and can possibly be lowered by protesting the value. What follows are Forza’s instructions for protesting tax value assessments online.
Last week we blogged about women landlords, so this week we are looking at women as tenants. There are particular challenges that can arise for female renters, including discrimination and harassment. Read on to learn more about your rights and resources, should you…