Homeownership

Suburban or Urban? Where should my family live and why?

Suburban or Urban - Paramount Equity®

Suburban versus urban living? That is the million dollar question, and really depends on a number of criteria, such as family dynamics, i.e., how many kids, how old they are, personal preference, and, of course, location, location, location. So, what are the differences between living in a suburban vs. urban area?

Living in Suburbia

Since the invention of the suburbs, (residential area or community living on the outskirts of a city) families have flocked to areas that include family-friendly neighborhoods, near-by shopping, spacious parks, and close-to-home schools. Away from the hustle and bustle of the city, suburban living rose in popularity during the 50s, in the U.S., and now it’s estimated that nearly (more…)

Read More »

Five Non-Financial Benefits to Owning a Home

Paramount Equity® - buying a house

Five Non-Financial -Paramunt EquityWhenever you talk to someone or read an article about buying a home, all you ever hear about is the financial benefits of owning a home over renting a house. While the benefits of owning vs. renting are mostly financial, there are still many other benefits that people seem to overlook. Here are five non-financial benefits that will help you in the age-old debate, “To own or rent.”

Sense of Pride

This is probably the #1 reason that most homeowners will cite when asked what they think the benefits to owning a home is. One of the biggest achievements in life is home ownership, and a nice beautiful home that you can call your own is about the biggest purchase you can make in your life. In fact, most people consider owning a home the American Dream. When you purchase your first home, you will enjoy a deep sense of pride and accomplishment. (more…)

Read More »

Buying a Home Again After a Deed-In-Lieu

Buying a Home Again after a Deed-In-Lieu

When you get into trouble with your mortgage, one of the options that you have in front of you is to do a deed-in-lieu of foreclosure. With this approach, you simply freely offer the deed to your house back to the mortgage lender. If you have gone through this process in the past, you may be unsure of whether you will ever be able to buy another house again in the future. The good news is that it’s possible to buy again, but you will have to jump through a few hoops first. Here are the basics of how to buy a home after a deed-in-lieu(more…)

Read More »

What’s the Very Latest in Home Refinancing?

The White House in Washington D.C., the South Gate

What is the very latest in home refinancing? The answer to this question will be very good news for a lot of people in this country. A lot of you have experienced a loss in your net worth because housing prices have fallen so much around the country. With negative equity, you were unable to refinance your homes to obtain a lower interest rate. You are just about to receive a little help in this area.

The latest news in home refinancing comes from a speech President Obama gave imploring congress to begin working on this issue specifically. (more…)

Read More »
Copyright © 2003-2017 Paramount Equity® Blog. All rights reserved.
"Paramount Equity®", "Paramount Equity Mortgage®" and "Savings Made Simple" are trademarks of Paramount Equity Mortgage®, LLC.
   

Paramount Equity Mortgage®, LLC is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License #4170047; Arizona Mortgage Banker License #0922160, NMLS# 30336; regulated by the Colorado Division of Real Estate NMLS# 30336; Connecticut - Connecticut Mortgage Lender License # ML-30336; D.C. - Mortgage Lender License #MLB30336; Florida Mortgage Lender Servicer License # MLD 898; Kansas - Kansas licensed mortgage company License # MC.0025206; Maryland - Mortgage Lender License # 21172; Nevada Mortgage Banker License #3919; Licensed by the N.J department of Banking and Insurance NMLS#30336; Oregon Mortgage Lender License #ML-3256; Texas – Paramount Equity Mortgage®, LLC NMLS #30336; Utah DRE Mortgage Entity License #6967176; Washington Consumer Loan Company License #CL-30336; and Wisconsin – Wisconsin Mortgage Banker License #30336BA; NMLS ID #30336.