The Federal Reserve has only raised interest rates twice in the past 10 years, but they’ve forecast three quarter-point rate bumps in 2017… and Janet Yellen just confirmed that the first hike will happen in March (predicted March 15th). What does this mean for first-time home buyers? For many, it’s the difference between being able… Read more »
A low credit score increases your interest rate and closing costs, but how can you bump up your score quickly? Here are two ways to shoot up your score 30–100 points, in less than a month. 1. Lower the percentage you owe on your credit cards. It’s not the amount you owe that matters; it’s the… Read more »
Homie is a technology platform that’s automating the entire home buying and selling process. With the advance of technology and the migration of home buying and selling to the internet, many of the tasks that were traditionally handled by a buyer or a seller agent can now be carried out cost-free by technology. That may… Read more »
It’s often a shameful topic, but 1 in 6 (53,000) Utah homeowners is still underwater from the crash of 2008. When you’re underwater on your home, you can’t sell it without bringing money to closing. Given that 50% of middle-class Americans don’t even have an extra $400 in their bank account, many homeowners feel stuck…. Read more »
Salt Lake City—Homie, a Salt Lake City-based tech startup, beat out all other Utah startups in front of thousands of people to take home the People’s Choice Award at the 2017 Start Madness Competition. The $300,000 competition (part of the Silicon Slopes Tech Summit) was designed to give Utah startup founders the opportunity to present the… Read more »
School’s almost back in session, the kids are getting antsy to return to school, and your house is on the market. It’s difficult enough to manage showings and staging with children underfoot all summer long, but the back-to-school rush can feel like it overwhelms you while you are trying to sell your home. To keep… Read more »
After you’ve gone through the effort of finding that perfect place, one of the worst things to learn is that you’ve been outbid by another buyer or real estate investor. Losing your dream house is discouraging, and it can be difficult to pick up the pieces to try and find another home to fall in… Read more »
With a recent home-purchase under your belt, there’s no better time to assess how you can improve your finances and stay grounded despite the extra costs you’re facing. Here are seven tips that make you wise to spending less–and tell you when spending more is most wise. Gamify the Rebuilding of Your Emergency Reserve After… Read more »
You’re great, smart, and people just love you. A little praise has already taken you far in life, and now it’s time to apply it in pricing your home for sale. What’s wrong with a little self-confidence when attracting a buyer, anyway? Nothing. But watch out. Here are six things that overconfident home sellers do… Read more »
Picking the right home for your family means picking the right type of home loan as well. If you lack a huge down payment, you may qualify for and benefit from an FHA loan. Here with us is our very own real estate attorney Vanessa Clayton with a simple overview of loan options for today’s… Read more »