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What to do with all of those leftover shipping containers?

September 18th, 2018 by DesSpr No Comments

With trade and tariffs constantly in the news lately, we thought it would be a great idea to focus on what to do with all of those extra shipping containers…..the answer?  Turn them in to housing. Shipping containers didn’t exist in 1950. Today, roughly seventeen million travel the world on ships, trains, and trucks. Laid… [read more]

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Homebuyers are Stretching the Most in these Cities

September 10th, 2018 by DesSpr No Comments

Home prices continue to reach new highs, with the most recent data showing prices for existing homes at a median of $276,900 in June; new homes are even more expensive at a median of $302,100. The annual increase in home prices has been outpacing income growth since 2012. As a result, homebuyers have been stretching… [read more]

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Commuting Time a Consideration in Housing

September 4th, 2018 by DesSpr No Comments

With the red-hot job market, millions are moving to a new city this year.  The cost of housing is a big consideration in deciding if taking that new job offer is really worth it.  But also, a person’s commuting time is a growing consideration as people are focusing more on their quality of life. The… [read more]

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Student Loan Debt a Hurdle to Buying a Home

August 28th, 2018 by DesSpr No Comments

With millions of college students returning to campus this month, student debt and their housing options after graduation are in focus. Some 45 million people in the United States carry student debt. Almost a fifth owe more than $100,000, according to the National Association of Realtors. People’s monthly student loan payments can eat up a… [read more]

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Fannie Mae Upgrades Economic Outlook

August 20th, 2018 by DesSpr No Comments

The Fannie Mae Economic and Strategic Research Group revised upward its full-year 2018 economic growth forecast to 3.0 percent – from 2.8 percent in the prior forecast – on expectations that third and fourth quarter inventory restocking will outweigh slowing consumer spending growth and a decline in net exports, according to its August 2018 Economic… [read more]

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How to Remove Your Name from CAIVRS

April 10th, 2018 by DesSpr No Comments

Buying a home can be a grueling process, and having any sort of ding on your credit report can be detrimental when trying to get a loan. One of the pre-screening processes when trying to acquire a government backed loan is known as CAIVRS. Aside from a credit report, passing the CAIVRS screening is crucial… [read more]

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580 Credit Score Home Loans

February 7th, 2018 by DesSpr No Comments

Buying a home is a huge financial decision, and the better your credit score, the easier it will be for you to get approved for a home loan. But what if your credit score is stuck at that dreadful 580, is it possible to get approved? The answer is yes! Although it is not ideal,… [read more]

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Best Times to Buy a House in Arizona

January 10th, 2018 by DesSpr No Comments

Buying a house can be an extremely daunting experience, but knowing when it is the best time to buy will undoubtedly help you in the process. Where most states suggest that winter is the slowest time for the housing market, Arizona is slightly different. Because of the extreme summer heat, summer is the slowest time… [read more]

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How to Get Rid of Mortgage Insurance

November 21st, 2017 by DesSpr No Comments

  What is Private Mortgage Insurance (PMI)? Private mortgage insurance is an insurance policy, paid for by a home buyer, that protects a lender’s financial interests should a home buyer default on their home loan. Mortgage insurance is required when home buyers put less than 20% down on a home purchase, and the high cost… [read more]

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Affordable Ways to Furnish Your New Home

October 18th, 2017 by DesSpr No Comments

When you’re moving in to a new home, you’ve probably already incurred considerable expense with all the associated costs of the purchase itself, so adding on the expense of furnishing can really put a strain on your financial resources. There are some affordable ways to furnish your new home however, so you can still acquire… [read more]

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