What If I can’t afford closing costs?

What If I can’t afford closing costs?

Like many people with a home purchase on their horizon, you probably feel a combination of happiness and apprehension. It’s natural to be happy when contemplating buying your next home. Still, it’s also understandable to be nervous, especially if...
What Is a Bridge Loan and How Do They Work?

What Is a Bridge Loan and How Do They Work?

If you’re still in the ideation stage of selling your home, you’re probably starting to get pretty excited about beginning the next chapter of your life in a new home. At the same time, you’re probably already aware of some potential timing pitfalls...
October 2022 California Housing Market Trends

October 2022 California Housing Market Trends

Current California home prices are hovering around $775,000, an 11% decrease over the same period last year. The California Association of Realtors predicted the following trends for 2022: Existing single-family home sales are forecast to total 416,800 units in 2022....
How Much Are Closing Costs in AZ

How Much Are Closing Costs in AZ

When you buy a home in Arizona, it’s essential to budget for closing costs and factor that into your buying decision. Closing costs include things like paying for appraisals and credit checks. However, these costs vary significantly from lender to lender....
Tim Potempa Tackles Common Home Buying Myths

Tim Potempa Tackles Common Home Buying Myths

Want to buy a home, but need to know if you can afford it?  In today’s housing market, many prospective homebuyers still wonder if they need to make a 20 percent down payment. Tim Potempa, President, and Founder of the Potempa Team, recently sat down with Terri...
September Mortgage Market Review 2022

September Mortgage Market Review 2022

Mortgage rates remain volatile at the end of the third quarter. With 30-year fixed rates falling to 4.99% on Aug. 4 and rising to 6.02% on Sept. 15, homebuyers may wonder when they should make an offer. Interest rates rose 2.48% in the first six months of 2022,...