Our Mortgage Blog
What To Do If You’re Upside down on Your Mortgage
If you are looking to sell your home, the good news is that prices are still robust thanks to limited inventories. However, with a sharp increase in interest rates in 2022, you'll have to think strategically if you need to borrow to buy a new home in the current...
Everything You Need To Know About Homeowners Insurance
If you are a first-time or seasoned home buyer, it's important to understand the responsibilities that come with owning a home. Most lenders require homeowners insurance to protect the lender in case of an unforeseen loss or covered event. Learn more about what...
Are Cash-Out Refinance Rates Higher?
Cash-out refinancing is a great tool to fund home projects, pay off higher-interest debt, and give yourself a little more wiggle room in your monthly budget. Rates for a cash-out refinance are much lower than they would be for a personal loan, and tapping into the...
Housing Market Predictions Through 2022
There's no lack of activity in 2022's housing market between a slower stream of new houses, rising home prices, and now increasing mortgage rates. While none of these factors are individually responsible for the ebb and flow of the market, they each impact different...
Fed Raises Interests Rates .75% What This Means for Buyers and Sellers
Right now the United States is experiencing an ebb and flow within the economy and the housing market is part of these changes. With inflation increasing around the world, it only makes sense that America would need to start taking steps to combat it state-side. The...
What Happens if I Decide to Back Out of a House?
When purchasing a property, there are dozens of reasons the deal can fall through. If you decide to back out of an offer after it's accepted, you need to understand there are consequences that affect your finances. Backing out of an accepted offer can cost you your...
Best Places to Buy a Home in North Carolina
From the peace and tranquility of the soaring Blue Ridge Mountains to the pristine white sands of the Outer Banks, there's a place in North Carolina for everyone. Warm Atlantic waters and breezes that blow in off the Atlantic keep the state warmer than most. The...
Everything You Need to Know About a Home Inspection
A comprehensive home inspection gives homeowners and prospective buyers a detailed description of a home's condition and what needs to be repaired. Home inspectors are third-party service providers, and they aren't involved in selling, advertising, or repairing...
Should I Sell My Current Property Before Buying a New One?
Whether you sell your current home before you go under contract with another home should depend on your financial situation, how long you expect it to take to move your household, how hot the market is in your location and the availability of homes currently on the...
How Does Earnest Money Work?
You're ready to buy a home and you're ready to make an offer. It's time to enter into a contract. Before the seller withdraws the house from the market, they need to know that you're serious about the purchase contract. An earnest money payment is a sort of deposit...
Get A Quote
THE POTEMPA TEAM
NMLS# 454708
AZ License #BK-0904162
Fax: 480-393-7023
Call Us: 855-421-2753
tim@potempateam.com