Buying a Home in Retirement? Look for These Must-Haves! | #CityFirstMortgage
Single-Level Layout: Avoid stairs for better mobility. Accessible Kitchen: Features lower countertops and reachable storage.
Here’s How To Save Money For A House, Step By Step
Saving for a house as a first-time homebuyer involves careful planning and disciplined saving. Key steps include reviewing your financial situation, reducing high-interest debt, setting a savings goal (ideally 25-30% of the home's price), creating a budget, supplementing income through…
7 tips to save for a down payment while living paycheck to paycheck
Living paycheck to paycheck can make saving for a down payment challenging. To afford a home, focus on budgeting and cutting expenses. Even with little income increase, you can save for a down payment by tracking spending, lowering bills, and…
First Home, Smart Moves | #CityFirstMortgage
Assess Financial Health: Understand your budget, credit score, and debts before starting your home search.Get Mortgage Pre-Approval: Secure pre-approval to define your budget and show sellers you're serious.
Massive Insurance Rate Hike for 350K Californian | #CityFirstMortgage
Over 350K California homeowners will experience a 34.1% insurance rate increase starting November 2024.The rate hike, approved by the California Department of Insurance, responds to rising wildfire and rebuilding costs.
16 financial tips to help home buyers save for a down payment
Experts recommend strategies to help home buyers save for a down payment, such as creating a budget, automating savings, and exploring homebuyer assistance programs. Key tips include paying off high-interest debt, reducing unnecessary expenses, setting up a dedicated savings account,…
Tips for Successful Rental Investing | #CityFirstMortgage
Screen tenants thoroughly to avoid costly issues; skipping checks can lead to significant financial losses. Budget 1%-2% of property value annually for maintenance to prevent minor issues from escalating.
Renewing your mortgage? 6 tips homeowners should know
During mortgage renewal, reassess your financial situation to align with current and future needs. Start researching options 4-6 months before term expires to save money. Review financial goals and consider changes since last renewal. Factor in future plans like selling…
Designer Tips for Budget-Friendly Renovations | #CityFirstMortgage
Keep Existing Infrastructure: Maintain current structural elements to avoid costly additions and reduce overall renovation expensesLeave Plumbing and Outlets In Place: Retain original plumbing and electrical locations to save on re-piping and wiring costs.
Mid-Q3 Mortgage Rate Peek: Will It Stick at 7%? | #CityFirstMortgage
There's a possibility of a slight decrease in mortgage rates during August, likely hovering around 6.8% to 7%.Mortgage rates may stay stable within a narrow range, with economic data and investor sentiment influencing significant changes.
