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Should You Buy a Fixer-Upper?
 Home prices continue to rise, which is keeping many a renter out of the market. But, fixer-uppers present a potential opportunity. For starters, the lower prices create the affordability that is lacking in other segments of the market. So should you be looking for one? We’re breaking down the pros and cons.
The ability to buy a house:
Median home prices are at a record high, while affordability is at one of its lowest points. The reality for many people is that there seems like there is no end in sight to renting. A fixer-upper may present an opportunity simply because of the lower price point that gets you in the door.
Pride of
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Mortgage Rates
U.S. averages as of January 2020:
30 yr. fixed: 3.74%
15 yr. fixed: 3.19%
5/1 yr. adj: 3.45%
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of ownership:
Pride of ownership is a real thing for homebuyers. And that pride grows even stronger when you’ve had a hand in making
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Real Estate Market Predictions for 2020
 If it’s the end of the year, it must be time for the soothsayers to come out. When it comes to predictions for the real estate market, well, there are a lot of them. We’ve taken the temperature of the experts to get a feel for what we can expect in 2020.
Grain of salt warning: There was widespread agreement in 2018 about rising mortgage rates in 2019, that, initially proved true. But, ultimately rates went down—and stayed there. Experts can make educated guesses based on a wide range of economic factors, but with an impeachment hearing in the Senate pending and what is likely going to be a bonkers presidential election, anything could happen. That being said, there are some predictions we feel pretty good about—and some you’ll
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8 Tips for New Homeowners Moving to a New State
 No matter why you’re moving, whether you got a brand new job in a different city or simply want a change of life, it can be tough to relocate. And all of that doesn’t even take into account the process of moving all of your belongings from one state to another. In this guide, we will be going over some tips to help you pack up your life and move to a whole new state.
1. Do plenty of research.
Before you actually start the moving process, you should start by researching the city to which you plan to relocate. From local shops to schools and food chains, you should know exactly what your new city has to offer. We highly suggest doing a thorough internet search or, if possible, even driving through the city to get a better understanding of the area.
2. Search for your new home.
Before you take the plunge and move to a new city, you should spend at least a couple months beforehand finding a new home.
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The Law Offices of Fred Peet
55 Patchen Road
South Burlington, VT 05403
802-860-4767
800-683-3903 (toll free)
802-860-2822 (fax)
fpeet@peetlaw.com
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