A data-driven analysis of 13,000 property managers and 135,529 tenants by Rentec Direct, property management software company, found that scheduled automatic monthly payments is the most effective way to prevent late fees and save renters money.Of the 10,450 renters who have ACH currently enabled, 3,480 renters with ACH enabled and scheduled monthly rent payments were charged a late fee in 2017 (33%), while 4,932 renters with ACH enabled but did
Referred by our salesperson Lucia Anderson.About RashundraPersistence is the key to never giving up. Rashundra is a very persistent professional that will go beyond any distance in providing the best customer service to her clients as a Full-Time Realtor. She has over 12 years of experience in Real Estate and Mortgage. She understands the value of having an honest agent that communicates well. Rashundra is committed to helping you find the perfec
The suburbs dominated this year’s list of top places to live in the country. Money magazine teamed with realtor.com® to identify its top picks of towns with populations of 50,000 or more. They factored in more than 135,000 data points, including economic health, public school performance, local amenities, housing, cost of living, and more."For someone who’s starting from scratch, this is a list of areas with great quality of life, healthy
Home buyers are putting more money down on a home purchase than ever before. The size of down payments during the second quarter climbed to a median of $19,900, a record high, according to ATTOM Data Solutions’ research, which dates back to the first quarter of 2000. What’s more, this marks a 19 percent jump from $16,750 in this year's first quarter.The median down payment was 7.6 percent of the median sales price of homes purchased with fina
Manufactured homes are seeing the same type of appreciation as traditionally built homes, which is counter to conventional wisdom about mobile homes.The findings come from a new report from the Urban Institute, in which researchers analyzed data from the Federal Housing Finance Agency on manufactured homes (also known as mobile homes) that were financed with loans guaranteed by Fannie Mae and Freddie Mac.Researchers found the average annual growt
Mortgage fraud climbed 12.4 percent year over year in the second quarter of 2018, and about one out of every 109 mortgage applications has been found to contain false or misleading information, according to real estate data firm CoreLogic. “Because home prices are rising and demand is strong, most mortgage fraud in this type of market is motivated by bona fide borrowers trying to qualify for a mortgage,” says Bridget Berg, CoreLogic’s prin
Capital cities tend to have the strongest economies in their respective states, as well as a rich history and broader cultural offerings, according to a new study by personal finance website SmartAsset. But many state capitals also tend to have less affordable housing options. SmartAsset sought to pinpoint the most livable capital cities in the U.S., comparing them based on residents’ discretionary income, unemployment rates, dining and enterta
Builders are being forced to raise home prices and are having a more difficult time meeting project deadlines because of the ongoing labor shortage in the construction industry, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index. Eighty-four percent of builders say they have had to pay higher wages to subcontractor bids, 83 percent say they have had to raise home prices, and 73 percent say they can't co
Some home sellers are looking for a good, reliable home stager that can magically transform their listings into the price point their hoping to achieve. The trouble and confusion sometimes come when the real estate professional asks a few home stagers to “bid” or present a proposal on their vacant home.BEFORE AFTERPhoto credit: HSR Certified Helen Bartlett of Refined Interior Staging Solutions in Kansas CityThe vacant staging proposal
A strong job market and consumer credit are driving up mortgage rates for the third consecutive week and now to their highest level in six weeks. Mortgage rates are 0.82 percent higher than a year ago—the largest year-over-year increase since May 2014, Freddie Mac reports.Despite the higher rates, Sam Khater, Freddie Mac’s chief economist, expects buyer demand to remain high. “This spectacular stretch of solid job gains and low unemployment
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