Quick answer: No, not yet. In the U.S. today, mortgages are tied to the specific property, not to you as a borrower, so selling your home and buying a smaller one means paying off your current loan and getting a new one at today's rate. But there's real movement on this: federal regulators are ... Continue Reading » about Can You Take Your Low Mortgage Rate With You When You Downsize?
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Best Tuscaloosa Neighborhoods and Communities for Downsizing
Quick answer: Tuscaloosa offers several paths for downsizers: new single-story neighborhoods like Summerfield Preserve and Sandy Ridge, low-maintenance garden homes and condos near campus like Regency Oaks and Midtown Village, and independent or assisted living communities like Capstone Village and ... Continue Reading » about Best Tuscaloosa Neighborhoods and Communities for Downsizing
Can I Sell an Inherited House With Multiple Heirs in Central Alabama?
Quick answer: Yes, a house with multiple heirs can be sold in Central Alabama — but every owner (or the court-appointed personal representative, if probate is required) generally must agree and sign. The process usually takes longer than a standard sale because ownership, occupancy, and ... Continue Reading » about Can I Sell an Inherited House With Multiple Heirs in Central Alabama?
5 of The Biggest Credit Mistakes
AND HOW THEY CAN AFFECT YOUR CREDIT SCORE Did you know that the higher your credit score, the more it is impacted when you make one of these 5 biggest credit mistakes? Sounds crazy, but you don't have to take my word for it--though I wouldn't advise trying it out for yourself. 1. MAXED OUT ... Continue Reading » about 5 of The Biggest Credit Mistakes
Can I just See the Last home inspection?
With all the talk about reuse, reduce, and recycle, it is a great idea to reuse whatever, whenever, right? Like reusing a home inspection? Maybe and maybe not. Tangible items are usually reused to keep them out of the local landfill, but when we consider reusing opinions and reports we actually risk ... Continue Reading » about Can I just See the Last home inspection?
My Big Move
Or maybe it wasn't really THAT big. As you may have noticed, I recently changed brokerages. Before, I was associated with Homestead Properties, and now I am Julie Holdsambeck with eXp Realty. What does this mean for my buyer and seller clients? Not very much, since I have been covering a pretty ... Continue Reading » about My Big Move
