by Patricia Roos | Aug 5, 2025 | Uncategorized
With high home prices, more buyers may turn to Federal Housing Administration (FHA) loans in the coming year. These government-backed mortgages are known for their flexible borrower requirements, such as lower credit scores and down payments as low as 3-5%. However,...
by Patricia Roos | Jul 29, 2025 | Uncategorized
Each year, homeowners receive a notification of their property tax assessment, which, when combined with the local tax rate, determines how much they owe in property taxes. While this process is meant to fairly reflect a home’s value, assessments are not always...
by Patricia Roos | Jul 22, 2025 | Uncategorized
Opportunity cost is the value of the next best alternative that you give up when making a decision. In real estate, this concept plays a crucial role for buyers who are delaying to purchase a home due to high interest rates and rising home prices. The question is:...
by Patricia Roos | Jul 15, 2025 | Uncategorized
If you’re holding off on buying a home because you think prices are too high or mortgage rates will drop, you might want to consider the opportunity cost of waiting. While it may seem like a safer choice to keep your down payment in the bank or invest it...
by Patricia Roos | Jul 8, 2025 | Uncategorized
When selling a home, full transparency is key. Seller disclosures provide potential buyers with crucial information about the condition of the property, ensuring a fair and informed transaction. Understanding what must be disclosed and why it matters can help protect...
by Patricia Roos | Jul 1, 2025 | Uncategorized
When working with a real estate agent, it’s important to understand the level of responsibility they have toward you as their client. In almost all cases, when a seller lists their home with an agent, an agency relationship is formed, meaning the agent owes the...
by Patricia Roos | Jun 24, 2025 | Uncategorized
In today’s digital world, protecting your online information is more important than ever. You likely have multiple accounts…email, banking, investments, and social media…all of which need strong, unique passwords. Trying to create and remember...
by Patricia Roos | Jun 17, 2025 | Uncategorized
In today’s high-interest-rate environment, homebuyers are looking for every possible advantage to secure an affordable mortgage. One often-overlooked opportunity is assuming an existing FHA or VA loan, especially those issued in the past few years when interest...
by Patricia Roos | Jun 10, 2025 | Uncategorized
If you’ve owned your home for a long time, chances are its value has increased�maybe even doubled, tripled, or more. But did you know that a law written in 1997 still limits the amount of capital gains tax exclusion, despite skyrocketing home prices? Currently,...
by Patricia Roos | Jun 3, 2025 | Uncategorized
Benjamin Franklin famously stated that "in this world, nothing is certain except death and taxes." While his words still ring true, there’s another unavoidable reality in modern life: rising costs. From groceries to energy bills, the cost of living...
