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The Different Foundation Options For Your House

August 30, 2022 by Michael Addison

Are you thinking about purchasing a home in the near future? Or, are you thinking about building one? If so, you must think carefully about the foundation of the home. It is responsible for supporting the rest of the structure, so you need to find the right foundation to meet your needs. What are a few of the top options available? Basement One of the first options you should consider is a basement foundation. This is a popular choice because it can create additional living space in your home. It can also act as an additional entrance, which can be useful in some situations. On the other hand, a basement does not always contribute to the square footage of your house. In addition, it can … [Read more...]

Filed Under: Real Estate Tagged With: Crawl Space, Foundation, New Home

What To Think About Before Investing In Real Estate

April 21, 2022 by Michael Addison

Do you want to invest in real estate? If you are buying property as a real estate investor, there are a number of important factors to consider. Take a look at some of the most important factors to think about before you decide to sign your closing papers. Location, Location, Location Just as with your primary residence, it is important to think about the location of your investment property. Location is the most important factor in the value of just about every property, and your investment property is no different. You need to think about the proximity of your property to amenities, the safety of the area, and its proximity to major highways and interstates. Pay close attention to what … [Read more...]

Filed Under: Real Estate Tagged With: Location, Real Estate Investment, Real Estate Tips

Getting Your Mortgage Application Approved As A Self-Employed, First-Time Homebuyer

October 6, 2021 by Michael Addison

A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone with traditional W2 income, these are obstacles that can be overcome. With the right qualifications and documentation, even first-time homebuyers who are self-employed should be able to qualify for the home loan they need. Lenders Assess Someone’s Ability To Repay The Loan First, lenders are trying to make sure the person will repay the loan. Lenders believe that someone with W2 income has a stable job and a guaranteed … [Read more...]

Filed Under: Real Estate Tagged With: First Time Home Buyer, Real Estate, Self Employed

NAHB: Home Builder Confidence Ticks Up in April

April 16, 2021 by Michael Addison

The national reading for home builder confidence rose one point to an index reading of 83 in April; the National Association of Home Builders predicted a reading of 84. Component readings for April’s national index readings were mixed.  Builder confidence in current market conditions for single-family homes rose one point to 88. Builder confidence in market conditions for single-family homes in the next six months fell two points to 81 but homebuilder confidence in buyer traffic in new home developments rose two points to an index reading of 75. Readings over 50 indicate a majority of builders are positive about housing market conditions. Buyer traffic readings published before … [Read more...]

Filed Under: Real Estate Tagged With: Home Buying, Housing Market, Market Conditions

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