Retired and Purchasing a Home in the Desert? Did you know that there are several solutions for borrowing money for a mortgage, even if you are retired? Our preferred lender, Dean Rathbun with United American Mortgage, works in this arena often so I checked with him how he does it:
What does it mean to be in a “Seller’s Market”? Let’s review what the difference is between a Buyers’ Market and Sellers’ Market: Buyers’ Market: There are more houses on the market than Buyers. (Favors the Buyers) Sellers’ Market: There are more Buyers than Houses in the Market. (Favors the Sellers)
Real Estate News in Brief – Existing home sales jumped in February, the first increase in 13 months, as buyers took advantage of 30-yr rates that were briefly near 6% in January. An inflation-focused Fed raised rates for the 9th-straight time, but suggested a pause from here is possible.
Palm Springs Top Destination Spot! Don’t you just love being here in the Desert? Whether you live here all year, some of the time, or just visit, this IS the best place to rest, relax, enjoy fine dining, and of course, play golf and/or tennis all year round. Who doesn’t love the Palm Springs area?
where a retired teacher and her daughter in Colorado who were getting ready to close on their new home were scammed out of $200,000? They were sitting at the closing table only to find out the title company DID NOT receive their funds for closing.
ARM’s are NOW a MUST. Team Member, Dean Rathbun, sent an email on February 17th on the current market of home mortgages.
What to Know About Financing Your Home in the Desert. My team member, Dean Rathbun, United American Mortgage Corporation, sent out an email with details of what he’s watching in today’s market.
Fun Facts about La Quinta Resort – All 41 of the pools at La Quinta Resort are climate controlled,
heated in winter, and chilled in summer months!