If you are struggling to make your mortgage payments and facing the possibility of foreclosure, you're not alone and you are not out of options. One path worth considering is a short sale, which can help you avoid the long-term impact of a foreclosure on your credit report. As a mortgage originator, I have helped many homeowners navigate this process. A short sale occurs when your lender agrees to accept less than the full amount owed on your mortgage to settle the debt. In this scenario, you sell your home for less than the remaining balance on your loan, and the bank forgives the difference … [Read More...]
The PCE Index release—the Federal Reserve’s preferred inflation indicator—has shown favorable results. However, the overwhelming sentiment remains one of uncertainty due to the ongoing trade wars. With these conflicts still in full swing, inflation is expected to rise in the near future at a faster-than-anticipated pace. Following the recent trade truce with China, consumer sentiment has improved, though the long-term impact remains uncertain. As expected, consumer spending has declined noticeably, as the tariffs have led to short-term price increases. PCE IndexThe cost of … [Read More...]
Selling a home without furniture can be challenging. Empty rooms can feel cold, echoey, and impersonal, making it difficult for buyers to picture themselves living there. While full-scale staging can work wonders, it’s not always in the budget or timeline. The good news? You can create warmth, character, and connection using a few simple tricks.Here is how to make a vacant house feel like a welcoming home, no furniture required. 1. Start with Lighting That SpeaksNothing makes a home feel empty faster than dim, harsh, or unflattering lightning. Good lighting instantly boosts warmth and … [Read More...]
When selling your home, you put your trust in your own real estate agent to price it right, market it well, and guide you through negotiations. But what many sellers don’t realize is that the buyer’s agent, someone you didn’t hire, can also impact your success. And unfortunately, if that agent is inexperienced, unresponsive, or unprofessional, it could hurt your sale more than you think. Let’s break down how a bad buyer’s agent can complicate your sale, and how to protect your deal from falling apart. Poor Communication Can Derail the TimelineA great transaction … [Read More...]
When you're preparing to sell your home, you likely focus on everything within your property line, cluttering, staging, repainting, and boosting curb appeal. But what if the one thing standing between you and a solid offer is not your house at all? It might be your neighbor.From overgrown yards and peeling paint to broken-down vehicles and loud pets, a messy or unkempt neighboring property can have a major impact on your sale when buyers are forming their first impressions before they even walk in your door. First Impressions Extend Beyond the Property LineReal estate is emotional. Buyers … [Read More...]
Despite the recent pause on tariffs for Europe and progressing talks with China, the economic outlook remains largely negative across all sectors and markets. Although this week was relatively light on economic reports, the most notable was the Leading Economic Indicators, which showed a significant decline in every measurable category for April. This decline is largely attributed to the tariff policies implemented recently. Overall, the outlook remains pessimistic, despite other markets showing a more favorable reaction to the recent pauses on tariffs. U.S. Leading Economic Indicators The … [Read More...]
