Mindblown: a blog about philosophy.
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Buying a Home This Spring? Must-Know Insights
Affordable homes are out there, but in many markets you may face stiff competition. New construction homes offer attractive incentives and are increasingly appealing due to growing builder confidence.
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Buy Your Shelter & Earn Income: Try House Hacking!
House hacking is a strategy worth considering for aspiring homeowners struggling with affordability. House hacking involves purchasing a multi-unit property, living in one unit, and renting out the others to generate income.
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First-Time Homebuyer Guide: Stepping Onto the Property Ladder
Homeownership Advantages: Appreciation potential, forced savings, tax benefits make buying preferable to renting.First-Time Homebuyer Qualifications: No prior primary residence ownership in the past 3-yr defines eligibility.
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What Should You Do if a Home Seller Backs out of a Sale?
The buyer has a few options if the seller backs out of a home sale after accepting the buyer's offer: 1. Sue for specific performance 2. Sue for damages 3. Or walk away from the deal
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Can You Transfer a Mortgage?
In most cases, only government-insured and adjustable-rate conventional loans can be transferred. The buyer assumes the seller's interest rate, remaining loan term, and principal balance. This option can save money on interest costs, but buyers need to buy out the seller's equity. Continue to full article
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Oklahoma: States With the Cheapest Rent Prices
In Oklahoma, the cost of living is 12% < the national avg, and housing is 28% lowerA 1-bed apartment in Broken Arrow spanning 681 sq ft is listed at $1,005/mo.
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Oklahoma Housing Market: Stable, Affordable, and Seller-Friendly
Oklahoma's housing market boasts stability and growth, offering significant affordability compared to national trends.With a median home price of ~ $241K, Oklahoma remains much more affordable than the national average.
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Honoring Our Nation’s Heroes on Memorial Day.
This day honors the brave men and women who have sacrificed their lives to defend America's freedom.It became an official federal holiday in 1971. Americans observe Memorial Day by visiting cemeteries and memorials.
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First-Time Buyers Beware: NAR’s $418M Settlement
The settlement aims to shift commission responsibility to buyers, potentially reducing costs for sellers in the process. Legal experts anticipate negotiations over commissions, which may pose challenges for both agents and first-time buyers.
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Oklahoma’s Rent: The Salary You Need
Median monthly rent: $989 Monthly income needed: $3,297
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