selling a home
The PennyMac Mortgage Blog is where you'll find unbiased, useful info to help save you money, time and peace of mind during the mortgage process. If you have a mortgage or are about to get one, we think you'll find info here you can't always get elsewhere.
The United States economy has flourished in recent years, and the housing market continues to gain strength. But with confusing factors like rising mortgage rates, a competitive buyer’s market, and home prices that are higher than any previous peak, many people are unsure about what will happen in 2019.
Everyone wants to get the best house possible for the best possible price. But even at a great price, it’s probably the most expensive purchase you will ever make, so searching for easy ways to save is a good idea. Add in a competitive market, and would-be home buyers will be looking for any advantage possible.
Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. Here are 12 questions that will help you avoid the bad apples in your search for a great real estate agent.
The good news is that you have found (and been offered) your dream job. The bad news is that it’s located way beyond commuting distance. The decision to relocate for your job is a tough choice that many of us will face during our career. Here are tips on how to evaluate your options, and how to make your potential move as painless as possible.
There are many specific tasks to complete as you prepare to sell your home, but a successful transaction starts with looking at the big picture. Before you take a single interior photo or begin painting your trim, it’s imperative to take a moment and assess your situation properly. Are you emotionally ready to sell your home? Will you use a real estate agent? Is it a good time for you to sell? Let’s examine the factors that go into answering these questions.
When you decide to put your home on the market, you must make a laundry list of choices, not the least of which is when to list. Believe it or not, there is a right time. Knowing that time can get your house sold faster and at a higher asking price
If you’re having trouble meeting your monthly loan payments and are now facing foreclosure, a short sale may be a better option. Let’s look at the basics of the short sale process, including how to determine whether you qualify, the pros and cons of short sales and the procedures involved in completing a short sale.
Home appraisals are a vital component of mortgage lending. See how the appraisal process works and learn how it protects you as a homebuyer.
Home stagers are typically hired when a house is prepared for sale, to create a warm, attractive house that buyers yearn to call home. However, stagers are also excellent at providing advice on “staging to dwell,” or everyday living in our homes.