Michael R Balog

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So far Michael R Balog has created 451 blog entries.

What’s the Difference between an Appraisal and a Home Inspection?

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer [...]

By |2021-01-26T08:58:41-05:00January 26th, 2021|News, Trending Real Estate Topics|0 Comments

Financial Fundamentals for Homebuyers

Some Highlights When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track from the beginning. Let’s connect today [...]

By |2021-01-22T09:25:50-05:00January 22nd, 2021|News, Trending Real Estate Topics|0 Comments

What Experts Are Saying about the 2021 Job Market

Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at [...]

By |2021-01-21T10:21:46-05:00January 21st, 2021|News, Trending Real Estate Topics|0 Comments

Owning a Home Is Still More Affordable Than Renting One

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, [...]

By |2021-01-20T09:50:09-05:00January 20th, 2021|News, Trending Real Estate Topics|0 Comments

Should I Wait for Lower Mortgage Interest Rates?

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the [...]

By |2021-01-19T09:53:35-05:00January 19th, 2021|News, Trending Real Estate Topics|0 Comments
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