Posts by Jino Postigo
9 Common Real Estate Lingo for First-Time Buyers
While scrolling through online real estate listings, you may have encountered some terms and wondered what they mean. And while you like the pictures of the property and the price seems reasonable, the listing does say “modern” and “handyman special.” Let’s decode those terms used on most real estate listings and prepare you to be…
Read MoreUsing Gift Money to Fund Your Home Purchase: A Guide for New Homeowners
Meet Hamir. He’s the quintessential young professional: a dedicated tech worker, an active member of his local mosque, and recently married. As he and his wife look to start the next chapter of their lives, they’re facing an exciting milestone—buying their first home. After a joyful wedding, they received generous cash gifts from family and…
Read MoreThe Two Sides of Fed Rate Cuts in the Housing Market
The Federal Reserve recently slashed 50 base points off the federal funds rate, with experts expecting up to six more fed rate cuts between 2024 and 2025. And with mortgage rates slowly dropping since August, this means potentially lower rates for homebuyers moving forward. While this seems all good for the average Amir, it would…
Read MoreGet to Know Fannie Mae and Freddie Mac
I’m sure you’ve heard about the names “Fannie Mae” and “Freddie Mac” when talking about buying a home through a mortgage. And while they’re not real people, you might be wondering how they can help in your homeownership journey. Let’s talk about them and see what they can do for you. Who are Fannie Mae…
Read MoreBig Change Coming to the Real Estate Market Empowering Buyers
Americans followed a certain system when buying or selling a home for a long time. Usually, agents help buyers take their commission from what the seller agent gets. But with an upcoming change in the homebuying process, that won’t be the case anymore. Let’s take a peek at this monumental update and how it would…
Read MoreLuck or Timing? Gen Z Dominates Homeowner Rates in the Midwest
Seems like Gen Z is making a name for itself once again. Despite being the most recent addition to the workforce, these young ones owned more homes in the Midwest compared to their tenured Millennial and Gen X peers. By the Numbers A recent study conducted by SmartAsset studied the 2023 mortgage data and…
Read More3 Homebuying Tips for Remote Workers
The modern workforce has dramatically shifted recently, with remote workers gaining popularity among many industries. And with the transition from office-based to home-based work, so does the change in how they buy homes. If you’re a remote worker, here’s an article just for you! We’ve prepared some practical tips you can consider before jumping into…
Read MoreWhy Owning a Home is Good for You and Your Future Family
Many cultures have close family ties, giving great value to staying as close as possible and building lasting relationships between parents and siblings. And while this is great for fostering familial bonds, it also brings some obstacles, particularly for those starting their own families. Those living with your parents know how it feels to have…
Read MoreBuying a Home in a HOA? Here are Key Questions to Ask
HOAs or homeowner’s association. Like it or not, purchasing a property in a planned community or a subdivision entails being part of one. And while it provides tons of benefits, not all HOAs run the same. Before moving into your newly purchased home, we recommend talking to the local HOA and getting the details. Here are some questions…
Read MoreHouse Hacking: How it Works and Is It Viable?
They say that owning a home is a huge investment. The usual way this happens is through appreciation, where your home gains value over time, and can cost more once sold. However, there’s a new way for homeowners to get their house’s worth: house hacking! This article will look at what this up-and-coming trend is…
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