Friday, July 17, 2020 / by Kaitlin Guither
Tuesday, April 21, 2020 / by Kaitlin Guither
But what, exactly, is the difference?
A recent article from realtor.com outlined the key differences between mortgage forbearance and mortgage deferment. According to the article, while both strategies allow homeowners to suspend mortgage payments for a period of time, the main difference is what happens at the end of that suspension period.
With mortgage forbearance, any payments that were missed are due in a lump sum at the end of the forbearance period. With mortgage deferment, lenders allow borrowers to either pay back the owed money over time or add the missed payments to the end of their loan.
If you’re concerned abou ...
Monday, April 20, 2020 / by Kaitlin Guither
But just because you can’t see homes in person doesn’t mean your home search has to suffer! A recent article from realtor.com outlined tips for conducting a virtual house hunt that’s just as good as the real thing, including:
Look for red flags in listing photos. You don’t want to waste your time virtually touring homes that aren’t going to be the right fit. When going through a listing, look for red flags that might indicate that a listing isn’t what it seems—and isn’t worth your time (for example, photos that are stretched in an effort to make the room look bigger, or a complete lack of ...
Monday, April 13, 2020 / by Kaitlin Guither
Wednesday, March 18, 2020 / by Kaitlin Guither
Here’s a useful tip about life: Coronavirus or not, there’s always something people panic over.
Sometimes it’s personal. Sometimes it’s local. Sometimes it’s global.
Greater Savannah residents can still protect what is likely their single largest asset (their home) by making smart, rational decisions.
It’s time to panic!
That’s what the stock markets were told in late February.
Last week’s stock market sell-off was the 12th worst in a 90-year history, and the 4th worst post-World War II.
For many investors, the US stock market sell-off was one of the worst weeks of their investing careers.
The 11.4% drop in the S&P 500 was the worst since October 2008 (-18.1%).
Before that, professionals in their early 40s may have experienced the crash post 9/11 (-11.6%).
Before that, the previous worst week was the October 1987 sell-o ...