The COVID-19 pandemic is putting a lot of Americans under serious financial strain—and in an effort to relieve some of that strain, homeowners across the country are looking for mortgage relief. And for those homeowners, there are a few different options available—namely mortgage forbearance and mortgage deferment.
But what, exactly, is the difference?
A recent article from realtor.com outlined the key differences between mortgage forbearance and mortgage deferment. According to the article, while both strategies allow homeowners to suspend mortgage payments for a period of time, the main difference is what happens at the end of that suspension period.
With mortgage forbearance, any payments that were missed are due in a lump sum at the end of the forbeara...
Autumn is here! And while fall is always a cozy time, this year, coziness has officially emerged as one of the biggest interior design trends of the autumn season.
A recent article from remodeling website Houzz highlighted the biggest trends from the 2020 Atlanta Furnishings Market—including cozy decor and design. Things like camping-inspired pillows, plush throw blankets, and earth tones were definite players at this year's Market.
Which makes sense. As people anticipate spending more time in their homes than usual this fall and winter, there is a desire to make their spaces as comfortable and inviting as possible—making cozy design the go-to trend as we move into the last few months of the year.
The Takeaway:
So,...
When COVID-19 first hit, much of the country was under stay-at-home orders, which made it impossible for buyers to get out and see potential homes in person. And while stay-at-home orders have been lifted in most places, many buyers are still wary about hitting open houses or touring homes in person.
But, as it turns out, that's not stopping them from actually buying homes.
Thanks to video technology like FaceTime tours, buyers are able to get an inside look at properties—without having to physically see the property in person. And for many buyers, that's enough; according to Redfin data (outlined in a recent article in REALTOR Magazine), 45 percent of buyers who purchased a home in the past year made an offer on the property without ever seeing it in pe...
COVID-19 has changed the real estate landscape in many ways—including shifting buyer priorities.
But what, exactly, are buyers looking for in today's market?
A recent article from realtor.com outlined the home upgrades buyers are looking for during the COVID-19 pandemic, including:
Home renovation and DIY shows have increased the appeal of fixer-uppers for a ton of buyers. But before you commit to buying a fixer-upper—and investing the time, money, and resources in fixing it up—there are a few things you need to know.
According to a recent article from real estate resource houselogic, there are a few key issues all buyers need to consider before purchasing a fixer-upper, including: