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Tag: #hollywoodflmortgagelender

How Home Equity May Help You Buy Your Next Home in Cash

Written by Hollywood FL Mortgage Syndicated User on . Posted in Equity, For Sellers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Selling Tips.

Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it.Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?” to “Why wouldn’t I?”Home Equity: What Is It?Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is valued at $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000.Why...

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Struggling To Sell Your House? Read This.

Written by Hollywood FL Mortgage Syndicated User on . Posted in For Sellers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Selling Tips.

When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.But what many people don’t realize is that even in today’s market where there are more buyers than homes for sale, there are still things that can cause delays or even keep a house from selling. According to Zillow, in 2024, as many as 1 in 3 sellers took their home off the market before it ultimately sold. And while the reasons those houses didn’t sell are going to vary, there are some general themes that come...

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The Biggest Perks of Buying a Home This Winter

Written by Hollywood FL Mortgage Syndicated User on . Posted in Buying Tips, First-Time Buyers, For Buyers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates.

Waiting for perfect market conditions often means missing out. Because what you may not realize is, if you’re ready and able to buy, this time of year could actually give you an edge. Here’s why. As the weather cools down, the housing market can too – and that works in your favor.You Likely Won’t Feel as RushedHomes tend to take a little longer to sell during this time of year. Data from the National Association of Realtors (NAR) shows the average time a house sits on the market jumps up during the winter months (see the green bars in the graph below):This is partly because fewer buyers are...

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More Starter Homes Are Hitting the Market

Written by Hollywood FL Mortgage Syndicated User on . Posted in First-Time Buyers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Inventory.

More entry-level homes – also known as starter homes – are popping up on the market. And after several years with very few homes available to buy and prices rising, there are finally some more options for first-time buyers.Inventory Is Increasing – Especially at Lower Price PointsOver the past year, the total supply of homes for sale has improved. According to Realtor.com, in November there were 26.2% more homes for sale compared to this time last year, marking 13 months of inventory growth and the most homes available since December of 2019.Interestingly, the growth isn’t spread evenly...

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Only an Expert Agent Can Give You an Accurate Value of Your Home

Written by Hollywood FL Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Selling Tips.

In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you’re seeing online often miss key details that affect the true market value of your home.Before you toss a for sale sign in your yard and expect to bring in the number you saw for your house online, you need to understand why these tools generally aren’t spot-on and why working with an expert real estate agent is the best way to get an accurate picture of what your house is really worth.The Myth: Online Home Value...

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The Top 2 Reasons To Look at Newly Built Homes

Written by Hollywood FL Mortgage Syndicated User on . Posted in Buying Tips, First-Time Buyers, For Buyers, Hollywood FL Mortgage, Hollywood FL Mortgage Rates, Inventory.

When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just be the key to crossing the homebuying finish line. Here’s why a new build is worth considering – and how an agent can help you find one that meets your needs and your budget. 1. More Newly Built Homes Are Available Right NowFirst, let’s break down the types of homes on the market. A newly built home is a house that was just built or is under construction. On the other...

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