What does the housing market forecast look like in the upcoming year? Here’s some 20/20 insight into the most common questions about home prices and sales, mortgage rates, and possible recession. Will the cost of a home increase? Home prices are predicted to rise in 2020, but only at an average of 2.8% nationally. However,…Read More
Are you thinking about selling your home? If you’re on the fence about doing so, keep reading. The last quarter of 2019 will likely be the best time to sell your home over the next few years. The experts at Pacor Mortgage have compiled a list of reasons why you should sell now instead of…Read More
Refinancing is the latest buzz word throughout the mortgage and real estate world. But what is refinancing, exactly? In it’s simplest terms, refinancing is replacing an existing mortgage with a new one. The process is similar to when you applied for your original mortgage: researching options, gathering the correct documentation, and submitting an application. Before…Read More
Selling a home in today’s market takes more than enlisting the help of a realtor. Careful planning and sprucing up your home before you put it on the market will go a long way when it comes to making an impression on potential buyers. Consider these sprucing suggestions to get your home in top selling…Read More
If you’re ready to put your house on the market, it’s important to pause and consider what home improvements could help to increase the resale value of your home. The quickest way to increase value is by creating a strategic plan with intentional, well thought out upgrades. Home improvement projects will cost you roughly $0.20-$0.25…Read More
Spring and Summer are the busiest times for home sales, so anyone in the market for a new home right now has joined a competitive pool of hopeful homeowners. Pacor Mortgage Corp. offers solutions of how to navigate the busy home buying season: Get Pre-approved Getting pre-approved for a mortgage should be the first step…Read More
When it comes to buying a new home, people often underestimate just how competitive today’s real estate market can be. Don’t be fooled by what you see on popular shows on the HGTV network; in most cases, purchasing the home of your dreams isn’t as simple as touring a house, telling your agent you want…Read More
Buying or selling a home can be an exciting time in a person’s life but there are some common mistakes people tend to make. As the real estate market heats up again, understanding the housing market may help you make your decision on when to buy or sell. While it can seem like a daunting…Read More
Purchasing a new home can be exciting for everyone involved. Working together to house hunt and find the perfect home takes a lot of hard work, but will pay off in the end with your new forever home. Before you start your home buying process, make sure you check these items off your checklist. Get…Read More
PMI, or private mortgage insurance, is required when purchasing a home when a buyer’s down payment is less than 20%. Pacor Mortgage Corp. shares five ways to avoid paying PMI below: 20% Down Payment The first option is to pay 20% or more for a down payment on the house. With 20% equity, PMI does…Read More