Resources
For home buyers and sellers in Tucson, Arizona and surrounding areas.
Curb Appeal: What’s Essential?
The front of a house is the first hint of its personality - much like the cover of a book. If curb appeal was unimportant, each home would be the exact same. Imagine rows of the same tan house, but there is a reason why mid-century moderns, colonials, victorians, cottages, casitas, villas, ranch-style and mediterranean homes exist.
You wouldn’t spray paint over a Van Gogh - Monet, so why would you let the outside of your house go?
Is it time to sell?
Though the market has cooled considerably in recent months following a sizzling hot streak, home prices remain relatively high. However, there has been talk of a possible recession in 2023, which is making some homeowners nervous about the future of their investment.
While the market has a significant impact on the sale of your home, it’s not the only factor to consider. It’s also important to evaluate your own personal situation and reasons for selling. Read on to hear what top real estate experts say are the best ways to determine if now is a good time for you to sell your home, or if you might benefit from waiting.
What is PMI?
Private mortgage insurance, also called PMI, is a type of mortgage insurance you might be required to pay for if you have a conventional loan. Like other kinds of mortgage insurance, PMI protects the lender—not you—if you stop making payments on your loan.
PMI is arranged by the lender and provided by private insurance companies. PMI is usually required when you have a conventional loan and make a down payment of less than 20 percent of the home’s purchase price. If you’re refinancing with a conventional loan and your equity is less than 20 percent of the value of your home, PMI is also usually required.
