If you're even remotely considering buying a Gulf Shores home, there's no time like the present. The clock is ticking, and soon, getting a mortgage will likely become more difficult and more expensive. Loan limits for popular mortgages are scheduled to drop in January 2014. The Federal Housing Finance Agency is planning to slash the […]
Buying a Gulf Shores Home a Different Way
If you're thinking about buying a Gulf Shores home and you've ever driven by a particular house and wondered if it'll ever go on sale, perhaps what you should do is make an offer, even if the home is not for sale. It's a different way of buying a Gulf Shores home, and it's starting […]
Gulf Shores Lease Option Full of Pitfalls
Before you consider a Gulf Shores lease option, you should be aware of how it works, who benefits and the many things that can go wrong. In a Gulf Shores lease option, you rent a property at a cost slightly above market rate. Prior to moving in, you agree on a potential purchase date and […]
Buying a Gulf Shores Home In This Tight Market
Buying a Gulf Shores home has become increasingly more difficult in this tight market we've suddenly found ourselves in. Given the current low-inventory environment, it may take longer now than it would in a balanced market that has enough homes for sale to satisfy the current buyer demand. To prepare yourself for buying a Gulf […]
7 Reasons To Buy a Gulf Shores Home in 2013
We can’t always predict the future. Okay, we can never predict the future, but one thing we do know is, 2013 is going to be another great year to buy a Gulf Shores home. Reasons You Should Buy a Gulf Shores Home in 2013 1 – Mortgage Rates Remain Near All-Time LowsJust a few short years ago, […]
Buying a Gulf Shores Home Instead of Renting
Buying a Gulf Shores home instead of renting pays off, on average, in about three years. That’s a national average, but seems to hold true in most markets across the nation. This, according to a new analysis from real estate website Zillow.com. The analysis that Zillow calls the “break even horizon” compares what it costs […]
Is Buying a Gulf Shores Home Cheaper Than Renting?
Is buying a Gulf Shores area home cheaper than renting? Since 1973, renting a home has been cheaper than buying according to a Harvard Joint Center for Housing Studies “2012 State of the Nation’s Housing” Report. But since 2008, these statistics have changed drastically. In 2008, buying a Gulf Shores area home fell below renting, […]
Things to Consider When Buying a Gulf Shores Home
There’s never been a better time for buying a Gulf Shores home than right now. Mortgage rates hit a new record low almost on a weekly basis of late, and home prices may have already bottomed and be starting on their way back up. Waiting much longer could mean higher Gulf Shores home prices, and […]
Buying a Gulf Shores Home – New or Resale?
Buying a Gulf Shores home presents a major choice right off the bat. Buy a new home, or one that has been previously owned? You may want to consider the following factors when making a decision on this all-important question. Planning and Design Flexibility Buying a Gulf Shores home that hasn’t been built yet provides […]
Does Renting a Gulf Shores Home Really Make Sense?
Does renting a Gulf Shores home really make sense? Your option of buying a Gulf Shores home versus renting, with home prices being low, plus some of the lowest mortgage rates in 30 years, makes owning a Gulf Shores home more like a savings account… If you’d like to find out if buying a Gulf […]