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Tag: #keylargo

Homeowner Net Worth Has Skyrocketed

Written by Key Largo Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Key Largo Mortgage, Key Largo Mortgage Rates, Move-Up Buyers, Rent vs. Buy.

If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF). That report covers the difference in net worth for both homeowners and renters. Spoiler alert: the gap between the two is significant. The average homeowner’s net worth is almost 40X greater than a renter’s. And here’s the data to prove it (see graph below): The Big Reason Homeowner Net Worth Is So High In the...

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Florida Mortgage | Don’t Wait for Home Prices To Fall

Written by Key Largo Mortgage Syndicated User on . Posted in Key Largo Mortgage, Key Largo Mortgage Rates.

Florida Mortgage | Don’t Wait for Home Prices To Fall If you’ve put your plans on hold hoping home prices will fall more, you should know: the worst home price declines are already behind us. Let’s connect if you’re ready to move to get the process started. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

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Thinking About Using Your 401(k) To Buy a Home?

Written by Key Largo Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates, Move-Up Buyers.

Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You’re not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement to buy a home, be sure to consider all possible alternatives and talk with a financial expert. Here’s why. The Numbers May Make It Tempting The data shows many Americans have saved a considerable amount for retirement (see chart below):   It can be really tempting when you have a lot of money saved up in your 401(k) and you see your dream home on...

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Florida Mortgage | Homeowners Have a Surprising Amount of Equity Right Now

Written by Key Largo Mortgage Syndicated User on . Posted in Key Largo Mortgage, Key Largo Mortgage Rates.

Homeowners Have a Surprising Amount of Equity Right Now Homeowners have a surprising amount of equity right now. Let’s connect to figure out how much equity you have and how you can use it to fuel your next move. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

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Florida Mortgage | Foreclosure Numbers Today Are Nothing Like 2008

Written by Key Largo Mortgage Syndicated User on . Posted in Key Largo Mortgage, Key Largo Mortgage Rates.

Florida Mortgage | Foreclosure Numbers Today Are Nothing Like 2008 Today, foreclosure numbers are nothing like they were in 2008. Let’s connect if you have questions about what you see in the news about today’s housing market. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

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Florida Mortgage | What Does It Mean To Be in a Sellers’ Market?

Written by Key Largo Mortgage Syndicated User on . Posted in Key Largo Mortgage, Key Largo Mortgage Rates.

Florida Mortgage | What Does It Mean To Be in a Sellers’ Market? To explain what a sellers’ market is and why it presents great opportunities for homeowners ready to make a move. NMLS ID 1834853 #floridarealestate #floridasellersmarket #floridamortgage #floridamortgagerates #floridamortgagecompany

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