With new mortgage rates approaching 8%, many buyers have decided to wait for rates to come down. While there may be some easing in the fourth quarter of 2023 and 2024, assuming an existing FHA mortgage with a lower rate made in the last three or four years might be...
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About: Maggi Pritchard
Recent Posts by Maggi Pritchard
Discover how to go from stress to success with your home move
Maggi Pritchard
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Navigating a real estate transaction, which often involves substantial financial investments and emotional considerations, can understandably induce stress. To streamline this process, adopt these effective strategies that promote a smoother journey. Begin by clearly outlining your primary motivations for either buying or selling a property. By eliminating distractions and maintaining...
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The Net Worth Advantage: Homeowners vs. Renters
Maggi Pritchard
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The decision to rent or own a home is not just about having a place to live; it also has significant implications for your financial future. One key aspect that often comes into play is net worth … the value of your assets minus your liabilities. Numerous studies and statistics...
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The Danger of Do-It-Yourself Divorce
Maggi Pritchard
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Ken & Barbie have been married 20 years and have owned their current home for over 10 years. Without the benefit of legal or tax advice, they decide to divorce with Ken taking his retirement and Barbie taking the equity in the home which are equal in value. It appears...
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Exploring Down Payment Sources for First-Time Homebuyers
Maggi Pritchard
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Aspiring homeowners can overcome the challenge of saving for a down payment by taking advantage of various sources of assistance. Discover a variety of down payment sources available to first-time homebuyers, from family gifts and retirement account withdrawals to tax refunds and down payment assistance programs, empowering them to achieve...
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