The Difference Between an Inspection and an Appraisal

Written by St. Augustine Mortgage Syndicated User on June 27, 2024. Posted in Buying Tips, For Buyers, St. Augustine, St. Augustine Mortgage.

When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an explainer of each one and what they mean for you as a homebuyer.Home InspectionOnce you’re under contract on a home you’d like to buy, getting an inspection is a key part of the process. An inspection gives you a clear idea of the safety and overall condition of the home – which is important for such a big...

Focus on Time in the Market, Not Timing the Market

Written by St. Augustine Mortgage Syndicated User on June 26, 2024. Posted in Economy, For Buyers, Home Prices, St. Augustine, St. Augustine Mortgage.

Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered.If you’re able to buy at today’s rates and prices, it may be better to focus on time in the market, rather than timing the market. The Downside of Trying To Time the Market Trying to time the market isn’t a good strategy because things can change. Here’s an example. For the better part of this year, projections have said mortgage rates will come down. And while...

How Long Will It Take To Sell My House?

Written by St. Augustine Mortgage Syndicated User on June 25, 2024. Posted in For Sellers, Inventory, St. Augustine, St. Augustine Mortgage.

You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent.They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way you have realistic expectations and can work together to come up with a plan that’s based on today’s market.Here’s a high-level overview of just one of the factors a great agent will walk you through – the supply of homes for sale and how that impacts your process.The Growing Supply of...

How to Spend Independence Day in St. Augustine

Written by St. Augustine Mortgage Syndicated User on June 25, 2024. Posted in Art, Culture & Music, Beaches, Community, Family Friendly, Holiday Events, St. Augustine, St. Augustine Mortgage.

St. Augustine offers many fun and exciting activities to enjoy while you wait for the grand fireworks display on the 4th of July. Here are some of the best ways to spend your day! Hit the Beach Spend your day soaking up the sun and enjoying the beautiful beaches of St. Augustine. With miles of pristine coastline, you can find the perfect spot to relax with a good book, build sandcastles, hunt for shells, or play beach games. The warm Atlantic waters are ideal for swimming, surfing, or paddleboarding. Anastasia State Park and St. Augustine Beach are popular choices for families and solo...

Flood Warning System

Written by St. Augustine Mortgage Syndicated User on June 25, 2024. Posted in St. Augustine, St. Augustine Mortgage.

Flood warnings are forecasts of impending storms and are broadcast to the public by the National Oceanic and Atmospheric Administration (NOAA) Weather Radio, commercial radio, TV stations, and local emergency agencies.

Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

Written by St. Augustine Mortgage Syndicated User on June 24, 2024. Posted in For Buyers, For Sellers, Forecasts, Home Prices, Inventory, St. Augustine, St. Augustine Mortgage.

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.Home Prices Are Expected To Climb ModeratelyHome prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry:The reason for continued appreciation? The supply of homes for sale. Jessica Lautz, Deputy Chief Economist at the National Association of Realtors (NAR), explains:“One thing that seems to be pretty solid is that home prices are going to continue to go up, and the...

St. Augustine Lions Seafood Festival

Written by St. Augustine Mortgage Syndicated User on June 22, 2024. Posted in Family Friendly, Food, Kid Friendly, St. Augustine, St. Augustine Festivals, St. Augustine Mortgage, Things to Do.

Mark Your Calendar Date: March 29 & 30, 2025 Time: Saturday, March 29, 2025 — 10:00am-9:00pm Sunday, March 30, 2025 — 11:00am-6:00pm Location: Francis Field Visit The Wesbite Get Directions About St. Augustine Lions Seafood Festival Celebrating their 42nd year in 2025, this festival offers something for EVERYONE! There will be seafood, of course, with the lots of other cuisines and county fair dishes. You certainly won’t go hungry! Fun activities include the Arts & Crafts Village with all sorts of ‘goodies’ to buy. Then there’s the Live Music with a diverse line-up of local...

The Downsides of Selling Your House Without an Agent

Written by St. Augustine Mortgage Syndicated User on June 21, 2024. Posted in For Sale by Owner, For Sellers, Infographics, Selling Tips, St. Augustine, St. Augustine Mortgage.

Some HighlightsConsidering selling your house without an agent? You should know there are some serious downsides to handling it on your own.You’ll be missing out on marketing tools that draw in more buyers, pricing and market expertise, essential negotiation skills, in-depth knowledge of the fine print in contracts, and so much more.Don’t take all of this responsibility on. Instead, connect with an agent so you have someone with the knowledge and experience you’ll need on your side.

Why a Vacation Home Is the Ultimate Summer Upgrade

Written by St. Augustine Mortgage Syndicated User on June 20, 2024. Posted in Buying Tips, For Buyers, Luxury / Vacation, St. Augustine, St. Augustine Mortgage.

Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you.An Ameriprise Financial survey sheds light on why people buy a second, or vacation, home (see below): Vacation destination or a place to get away from the stresses of everyday life (81%) – Having a second home to use as a vacation spot can be a special place where you go to relax and take a break from your daily...

What You Need To Know About Today’s Down Payment Programs

Written by St. Augustine Mortgage Syndicated User on June 19, 2024. Posted in Buying Tips, First-Time Buyers, For Buyers, St. Augustine, St. Augustine Mortgage.

There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like they don’t know where to start. A recent Bank of America Institute study asked prospective buyers where they lack confidence in the process and need more information. And this is what topped the list:53% said they need help understanding homebuying...

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