Are You Being Treated Fairly as a Prospective Buyer or Renter?
|

Are You Being Treated Fairly as a Prospective Buyer or Renter?

By Marla Lewis, President of the Houston Black Real Estate Association  April is National Fair Housing Month. While the real estate industry, like so many other businesses across the country, suffered the effects of the coronavirus pandemic, we cannot turn our backs on history and the important place to which it has led us. Fifty-four…

Is It Too Late To Reduce Your Mortgage Payment by Refinancing?
|

Is It Too Late To Reduce Your Mortgage Payment by Refinancing?

Experts say that with mortgage rates beginning to rise, refinancing your home now might be your last best chance to lower your monthly mortgage payment, as rates remain near all-time lows. Those who refinanced early in 2021 have already reaped the benefits. Borrowers who refinanced their 30-year fixed-rate mortgage into another 30-year fixed-rate mortgage during…

VP Harris Releases Plan To Stop Bias in Home Appraisals
|

VP Harris Releases Plan To Stop Bias in Home Appraisals

By Stacy M. Brown, NNPA Newswire Senior National Correspondent Vice President Kamala Harris recently unveiled an action plan to stop racial discrimination in the appraisal of home values. The 21-step plan seeks to improve oversight and accountability in the home appraisal business. It includes a legislative proposal to modernize the governance structure of the appraisal…

Facing Financial Hardship? Tips To Avoid Foreclosure
|

Facing Financial Hardship? Tips To Avoid Foreclosure

By d-mars.com News Provider Life’s unexpected challenges can make meeting monthly mortgage payments difficult. The good news? Help is available to avoid foreclosure. ​Indeed, Freddie Mac has completed more than 255,000 foreclosure prevention actions in 2021, according to the Federal Housing Finance Agency. Whether you’re currently behind on payments or foresee trouble ahead, Freddie Mac…

Buying Your First Home: What You Should Know
|

Buying Your First Home: What You Should Know

By d-mars.com News Provider The housing market has exploded since 2020. The pandemic fueled a house-buying frenzy with remote work and leaving large urban areas to live in different parts of the country is becoming more mainstream. According to the National Association of Realtors, 31% of all home purchases since 2020 have been made by…

Growth of Technology Makes It Even More Important To Use a Realtor
|

Growth of Technology Makes It Even More Important To Use a Realtor

By d-mars.com News Provider In one sense, technology has made real estate more accessible for both buyers and sellers. And yet, while everyone can see detailed property records on their phones or computer within seconds, not everyone can be a negotiator, price setter, or resource. Homebuyers and sellers can have difficulty navigating the expanse of…

Think Green Before Spending Your Green
|

Think Green Before Spending Your Green

By Marla Lewis, President of the Houston Black Real Estate Association Many consumers are mindful of the environment when making purchases these days. Just look at the popularity of hybrid vehicles, alternative fuels, locally grown produce and a host of other products designed to use fewer resources and reduce pollution and waste. Housing is definitely…

Is It Too Late To Reduce Your Mortgage Payment by Refinancing?
|

Is It Too Late To Reduce Your Mortgage Payment by Refinancing?

By d-mars.com News Provider Experts say that with mortgage rates beginning to rise, refinancing your home now might be your last best chance to lower your monthly mortgage payment, as rates remain near all-time lows. Those who refinanced early in 2021 have already reaped the benefits. Borrowers who refinanced their 30-year fixed rate mortgage into…

What Type of Person Wants To Buy Your Home?
|

What Type of Person Wants To Buy Your Home?

By Marla Lewis, President of the Houston Black Real Estate Association (HBREA) People may select homes based on their wants and needs, but their personalities affect the transaction, too. As a seller, you can benefit from knowing about the different types of buyers you’ll encounter. Such an understanding will help you avoid frustrations and make…

Is It Too Late To Reduce Your Mortgage Payment by Refinancing?
|

Is It Too Late To Reduce Your Mortgage Payment by Refinancing?

By d-mars.com News Provider Experts say that with mortgage rates beginning to rise, refinancing your home now might be your last best chance to lower your monthly mortgage payment, as rates remain near all-time lows. Those who refinanced early in 2021 have already reaped the benefits. Borrowers who refinanced their 30-year fixed rate mortgage into…