Category Archives: Real Estate
Real Estate Sellers’ Disclosure Forms
Before buying a residential real estate property, buyers must go through a rigorous screening process to ensure that they are truly fit to buy the property they want. If you are planning on financing your house with a home mortgage loan, then you must submit documents to the loan officer to determine the amount… Read More »
Zero Down Payment Mortgages Are Here Again
Mortgage loans are prohibitively expensive; this is hardly breaking news. Housing prices are so far outside people’s budgets that the only way to lower your mortgage payment to something that you can qualify for is to make a sizable down payment, but rent is so expensive that no one can save for a down… Read More »
Short Refinances
You can tell that trouble is brewing in the housing market because people have started resorting to unconventional methods in order to obtain and keep home mortgage loans. For example, it is so difficult to qualify for a home mortgage loan, given the astronomical interest rates, that assumable mortgages are experiencing a resurgence in… Read More »
The 5 Ds of Real Estate Purchases
Economists have described the current generation of first-time home buyers as “nepo babies.” This means that house purchases are so expensive that no one below the age of 40 can afford to buy a house or condo unless their parents contribute to the down payment. In other words, the young generation cannot reasonably aspire… Read More »
PITI Mortgage Loans Are So Expensive
If you are in the market for a home mortgage, first take a moment to be grateful that your financial situation is as good as it is. Home ownership is becoming an increasingly unattainable dream. Home mortgage loans are the biggest debt that most people incur in their lives, and the value of the… Read More »
What’s New With Residential Real Estate Tax Credits?
The Internet is practically unanimous about the fact that most Americans who have never owned a house will never be able to buy one unless they get a subsidy from the Bank of Mom and Dad. The policies that expanded homeownership opportunities are long gone. Most people with steady jobs are lucky if they… Read More »
Mixed Use Development With Affordable Housing Units Opens in D.C.
This month, a new mixed-use development opened in Southeast D.C. The Clara, named after Clara Muhammad, is located at the original site of America’s Islamic Heritage Museum, and the new building includes a permanent location for the museum on the ground floor. The ground floor of The Clara also includes retail spaces, in which… Read More »
How Will the National Association of Realtors Settlement Affect Your Plans?
Among the many symptoms of financial long COVID is that the cost of buying a house is becoming increasingly unaffordable. In fact, many people in their 30s who have been consistently employed for more than a decade, doubt that they will ever be able to afford their own home. For a brief period in… Read More »
Baltimore Sells Abandoned Houses at Rock Bottom Prices
The scarcity of affordable homeownership is a major problem in most urban areas in the United States. The problem does not always come down to lack of space, though. Even though many counties, including some in the DMV, have affordable homeownership programs where they reserve certain newly built properties for first time homebuyers who… Read More »
Should You Be Worried About the Recent Increase in Commercial Real Estate CLOs?
So much about the real estate market is unpredictable. No one who was building shared office space, roller skating rinks, and movie theaters in 2019 could have anticipated what the next year would bring. Whenever one family buys one house, they are taking a financial risk, not knowing how much the value of the… Read More »
