Welcome back! We’re talking about affordability, inflation and the spring housing market in this second edition of The Morty Report. My priority with these weekly newsletters is to share the info you need to know to make informed homebuying decisions. Share your feedback with me anytime at MortyReport@morty.com, or on Twitter @RobMortgages.— Robert Heck, Vice … [Read more...] about The Morty Report: Rates Continue on an Upward Climb
While flipping through listing statuses online, you may come across the word "contingency” – just one of the many terms and acronyms that come up during the homebuying journey. But whether or not it applies to your homebuying experience, it's a great idea to learn about this concept long before your final walkthrough. In this article, we'll answer the question: “What … [Read more...] about What Does ‘Contingent’ Mean in Real Estate?
When you find your dream home online or have your eye on a house in your neighborhood, you might also see a "sale pending" sign on it. But what does pending mean on a house? Does it mean that the sale is a done deal — that you might as well walk away? Or do you have a decent shot at getting a pending home? In this situation, you can still hold onto hope because the sale … [Read more...] about What Does “Pending” Mean on a House?
"How much is my house worth?" It's a major question on sellers' minds, though current homeowners may wonder the same thing, especially if they're curious about their home's assessed value for tax purposes. Do you remember plunking down money for closing costs when closing on your mortgage? Back then, you might not have had a comprehensive understanding of your current … [Read more...] about How Much Is My House Worth?
The secret to a low-stress moving day? Decluttering your home—and your life!—before you move. Think about it: the less stuff you have to move, the less trouble it’ll be to move it. The good news? You don’t need to commit to a minimalist aesthetic to reap the benefits of decluttering. Taking stock of your possessions and purging stuff you no longer want or need frees up space in … [Read more...] about Decluttering Before Your Next Move