Cory Thompson - Mid America Mortgage, Inc.

Cory Thompson August 21, 2023

What Do Appraisers Consider When Valuing a House?

The location of the property is one of the most critical factors in determining its value. Proximity to amenities such as schools, shopping centers, parks, public transportation, and the overall desirability of the neighborhood can significantly influence the value.

Cory Thompson August 18, 2023

Opportunities and Challenges When Buying Foreclosed Properties

Foreclosed properties have long been considered attractive investment opportunities for real estate enthusiasts. These properties, acquired by banks or other lending institutions due to mortgage default, can often be purchased at below-market prices. However, along with the potential rewards come unique challenges that buyers must navigate.

Cory Thompson August 16, 2023

Avoiding Becoming House Poor: A Path to Financial Security and Balance

As the housing market continues to evolve, it becomes increasingly crucial for aspiring homeowners to tread carefully and avoid falling into the trap of being house poor. The dream of owning a home should not come at the expense of financial stability and overall well-being. Here are some essential tips to steer clear of this precarious situation:

Cory Thompson August 14, 2023

What’s Ahead For Mortgage Rates This Week – August 14, 2023

Month-to-month inflation rose at a pace of 0.20 percent in July and met analysts’ expectations. There was no change in the pace of month-to-month inflation from June’s reading of 0.20 percent growth. The Consumer Price Index also reported that year-over-year inflation reached 9.10 percent, which was the highest reading since reaching a 40-year high in mid-2022.

What Do Appraisers Consider When Valuing a House?

Opportunities and Challenges When Buying Foreclosed Properties

Avoiding Becoming House Poor: A Path to Financial Security and Balance

What’s Ahead For Mortgage Rates This Week – August 14, 2023

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