Noemi Mendez's Blog

Posted on 08/23/2020
Extending Your Offers: Sell While You Buy
Photo by DraganCFM via Shutterstock It’s always a quandary: can I buy my new home and sell my old house so that the timing of both matches? Well, yes! There are several ways to do this. Here’s a breakdown of how it can work. Buy a Home on a Contingency. Just what is a contingency? It’s an agreement...
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Posted on 08/16/2020
Is Your Home Underpriced?
As a home seller, you likely want to set a "fair" initial asking price for your residence. Because if you fail to do so, you risk pricing your home outside of your target buyer's price range. Perhaps even worse, you risk pricing your house too low – something that may cause you to miss out on the opportunity to...
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Posted on 08/09/2020
FAQ for First-Time Luxury Home Buyer
Photo by Jonathan Borba from Pexels Many home buyers have lots of questions as they go through the buying process, especially first-time buyers. Whether you’re looking for a $50,000 house or a multi-million dollar luxury home, the questions are often the same. How Much House Can I Afford? Lenders use several factors in determining whether to loan you...
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Posted on 08/02/2020
PMI and Down Payments
Image by Charles 🇵🇭 from Unsplash Part of buying a home is researching the market and your finances. Most lenders require you to put at least 20 percent down or pay private mortgage insurance (PMI). Since PMI is a cost that does not lower your interest rate or principal, it’s almost always better to save up that hefty...
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Posted on 07/26/2020
Common Loan Terms of the Jumbo Mortgage
Photo by Peggy und Marco Lachmann-Anke via Pixabay A jumbo mortgage refers to a high-priced loan, usually meant for a luxury property. And while this loan may have once been reserved for the millionaire investors of the world, it may not be as exclusive as you think. If you're interested in what it takes to apply, it helps...
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Posted on 07/19/2020
Buying "Subject-to" Real Estate - What You Should Know
Image by Ricarda Mölck from Pixabay If you've heard people talk about "subject-to" real estate, you might be curious what that means and if it would be a good investment for you. Briefly, "subject-to" real estate means you're buying the property but the loan on that property stays in the name of the existing seller. You're making your...
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Posted on 07/18/2020
7138 Jackson Street, Philadelphia, PA 19135 is now new to the market!
This Lovely Mayfair Home is NEW to the Market, just in Time for you to make it your very own. As you approach the Home, you'll notice the Front Patio, a space Great to fire up your Grill & relax outdoors with Family & Friends. Next, enter into the Foyer, followed by the SPACIOUS Living Room, that Boast Hardwood Flooring, Sconce Lighting & a Modern Decor. Next enter into the Great Dining Room Space, LARGE enough to host guest or a space to enjoy on your own. The UPDATED Kitchen is a Chef's Delight with all the Bells & Whistles to put your culinary skills to use and Stainless Steele Appliances. The UPPER Level...
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