If you’re a first time homebuyer, you’ll be pleased to know that there are a number of major tax deductions for homeowners. Here are a few of the deductions that can save you thousands: 1. The top tax deduction is, undoubtedly, your mortgage interest. This is almost always the biggest home-related deduction for new borrowers,…
If you’re obtaining a loan and putting less than 20% down, you’ll likely be paying private mortgage insurance (PMI). This pesky fee can range considerably in price, but it typically ranges between 0.3 and 1.5 percent of the original loan amount per year, according to Bankrate.com. While this insurance is paid by the consumer (that…
A husband, a father of four little ones, the owner/operator of a salon in South Philadelphia and a successful EveryHome agent and the leader of EveryHome’s Gatta Group…. whew! Mark Gatta is a busy guy with a lot on his plate (and no, we don’t just mean his wife’s delicious cooking!). It’s no secret that…
If you’re planning on selling your home soon, you may have already met with a couple of different listing agents to discuss the approximately value of your home. A real estate agent can provide you with a comparative market analysis (or CMA) that compares the features of your home to similar homes on the market…
Rates are holding steady! According to the most recent report by Freddie Mac, rates are finally stabilizing after nearly a month and a half of declines. Experts attribute the continued low rates to ongoing global financial volatility. The government mortgage giant is currently tracking the average 30-year fixed rate mortgage (the most popular option for homebuyers)…
What should you expect when buying a foreclosed (bank-owned) home? Real estate investing and home flipping guru Jen Kuznits was kind enough to sit down with EveryHome and share a few helpful tips. First and foremost, bank-owned properties are a great opportunity to buy a house at a discount. These homes have gone through the foreclosure…
Philly isn’t just a pretty face! It’s no secret that Philadelphia is a great place to live, work and play — and now the City of Brotherly Love is getting the accolades it deserves as a top destination spot, too. Lonely Planet recently named Philadelphia the No. 1 place to visit in the United States…
Purchasing a second home or vacation home can be a lot easier than one might expect! EveryHome had the opportunity to speak with Rob LaPierre, the Branch Manager of Fairway Independent Mortgage Corporation. With the tightening of lending guidelines over the past few years and since the beginning of the recession, many buyers are under…
On behalf of the owners and agents, we are pleased to announce that EveryHome Realtors is now officially licensed in Maryland! Whether you’re interested in purchasing a peaceful getaway along the Chesapeake, a family vacation spot in Ocean City, or a classic Colonial in the suburbs of Baltimore or DC, it would be our pleasure…
If you purchase a home this spring, you’ll likely obtain a home inspection from a certified inspector. Arranging an inspection prior to settlement is a responsible way to ensure that there are no major structural or systems defects with your new home. In recent years, the use of infrared camera technology for thermal imaging has…
If you’re an American active-duty military member, veteran, or surviving spouse of a veteran, you may be eligible for a VA Loan (Veterans Affairs). These types of loans are backed by the U.S. Department of Veterans Affairs and provide cost-effective and accessible financing, in an age where buying a home isn’t always cheap & easy!…
“It’s hard for me to pick just one thing that I love about Everyhome. If I had to choose just one it would absolutely be the ownership. I have never met more generous, genuine and loving people and the fact that I was able to find them as an employer is miraculous” –Mark Gatta “EveryHome…
As you’re shopping for a new home, you might come across some that are marked FSBO, or For Sale By Owner. This simply means that the sellers aren’t using a real estate agent to list their home. If you find a FSBO that you really like, and you’re already working with a buyer’s agent to…
There’s a lot to think about when you purchase your first home (mortgage insurance! floorpans! interest rates! HOA fees!), and one of the most important elements is your readiness. And, even as real estate agents, we acknowledge that it’s not in everyone’s best interest to buy a home just yet. Here are three signs that…
A sheriff sale is a type of foreclosure where the properties are sold at public auction (typically at the courthouse). EveryHome’s residential investment guru, Jen Kuznits, was kind enough to share the most important information about sheriff sales. As Jen explains, homes that are sold at a sheriff sale tend to be the most risky. While…