(Photo Credit: Christopher Burns)
In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer on your dream home without paying too much or offending the seller with a low-ball offer.
We are, however, in anything but a “normal market” right now. The media is full of stories about an impending recession, a trade war with China, and constant political upheaval. Each of these potential situations could dramatically impact the real estate market. To successfully navigate the landscape today, you need more than an experienced guide. You need a ‘Real Estate Sherpa!’
A Sherpa is a “member of a Himalayan people living on the borders of Nepal and Tibet, renowned for their skill in mountaineering.”&nbs. ...

Learning the lingo of home buying is an important part of feeling successful when buying a home.  From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them.  
We are here to help you feel informed from start to finish, so here's a quick 'Home Buying Acronyms 101' lesson to increase your home buying confidence!

5 Home Buying Acronyms You Need To Know
APR (Annual Percentage Rate)
Annual cost of borrowing money based on the loan amount, interest rate, and certain other fees.
FRM (Fixed-Rate Mortgage)
Interest rate that doesn't change during the entire term of your loan.
DTI (Debt-to-Income)
Percentage of your monthly income that goes toward your monthly debt payments.
PMI (Private Mortgage Insurance)
Insurance that protects lenders from losses if a homeowner is unable to pay their mortgage. It's required for homebuyers who make down payments less than 20% of the home purchase price.
P&I (Prin! ...

Today, our favorite German, Mandy Jones, is sharing with us this wonderful - AND EASY - recipe from her homeland!  It's a household favorite for the Jones family.
Mandy says "My family loves having this for breakfast!  It's very fast, easy, and you can add cinnamon or nutmeg to it for the fall and winter seasons.  I typically make mine in a 9x13 pan.  Traditionally, Germans don't bake it in the oven, but on the stove top.  It turns out a little thicker than a crepe, but a little thinner than your typical pancake.  I hope you enjoy it!”
Here at Premium Realty Group, we LOVE recipes that include phrases like "5 minutes of prep with ingredients you have on hand, and totally doable even for the busiest families." 
Yep.  Right up our alley.  Thanks for making our lives a little easier, Mandy!

German Pancakes

Ingredients
  1/2 cup all purpose flour
  3 eggs
  1/2 cup milk
  3 tablespoons melted butte) ...

Purchasing a home is most likely the largest financial investment most of us will make in our lifetime, so it's essential to be wise during the process.  Consider these 10 strategies to set yourself up for a successful home-buying process... and a smart long-term investment.  


1. Buy for the long haul
A home is a BIG investment.  Buy a home you'll want to live in for at least five years; a home equipped (or soon to be equipped) with the features and space you need, both now and in the future.

2. Buy to improve your life, not speculate with money
Your home is more than a financial investment; it’s where you eat, sleep, host friends, raise your kids... it’s where your life happens!
The housing market is too unpredictable to buy a primary home purely because you think it will net a large short-term financial return.  You'll most likely be living in this home for several years, regardless of how it appreciates, so your first priority should be f) ...

 
Come home to this cozy one and a half story house built in 1920!  
917 S. Liberty Street is super close to the historic Independence Square.  This 3 bedroom, 2.5 bath house offers main floor laundry, covered porch, and a large, wooded backyard.  
Tap here to see more!

Call us to schedule your own private showing!
(816) 224-5650