The MSIM

07/15/2024

These trying times, I'm so much anger and hate. It's time to take time out, and watch "The Birdcage" with Robin Williams, Nathan Lane, Gene Hackman. Everyone needs a little laughter!

06/20/2024

Pros and Cons of Reverse Mortgages

Are they considering a reverse mortgage? This type of loan enables owners of a certain age to borrow against their home equity without repayment until they move out or pass away.

But before you sign on the dotted line, here are some benefits and risks to consider:

➕ You can tap into your equity now when you need it

➕ You’ll eliminate any existing mortgage payments so that you can lower your monthly expenses

➕ Funds aren’t taxed since they are considered a loan rather than income

➖ Your heirs may need to sell the home after you pass to repay the lender

➖ Interest rates and fees are often higher than those for other types of loans

➖ Associated costs can eat away at the value of your estate

Reverse mortgages aren’t right for everyone, and downsizing can be a better choice for some homeowners. It's crucial to seek professional advice to ensure you make the best decision for your financial situation. Schedule a free consultation to discuss your options and feel supported in your financial journey.

443-569-2376
[email protected]
www.PatOgleRealEstate.com

06/20/2024

"Van-Go Mouse" By Mike Ogle 1949 - 2020

06/18/2024

"Tulips" By Mike Ogle 1949 - 2020

06/18/2024

After years of record-low housing inventory, active listings are rising—which is excellent news if you’re hoping to buy a home. Here’s what you should know:

Home inventory is now the highest it’s been since 2020.

The market share of more minor, more affordable homes is increasing.

Even with a bump in listings, inventory remains well below pre-pandemic levels.

What does it mean for you? Read our mid-year market update to find out!

https://patoglerealestate.co/midyearmarket24

        

06/17/2024

"The Stand" By Mike Ogle 1949 - 2020

06/14/2024

"Surf Fishing" By Mike Ogle 1949 - 2020

06/13/2024

I'll never wear cargo pants again.

In this intense, underground training dojo, new dads are taught the ways of the dad: dad jokes, dad fashion, and more!Grab your Top-Rated All-Star Cigar Samp...

06/11/2024

When will mortgage borrowers get some rate relief?

In May, the Federal Reserve stated it has no immediate plans to lower benchmark interest rates, which means mortgage rates are also likely to remain elevated.

According to experts, a rate cut is now unlikely before September.

Wondering how current rate trends could affect your plans to buy or sell a home? Check out our latest blog post to learn more.

🔗 https://patoglerealestate.co/midyearmarket24

06/07/2024

"Stripes" By Mike Ogle 1949 - 2020

06/05/2024

"Spring Field" By Mike Ogle 1949 - 2020

06/04/2024

Are you up-to-date on the real estate market? Nearly halfway through 2024, here’s what buyers and sellers need to know:

📉 Mortgage rate cuts are taking longer than expected

🧑 More sellers are returning to the market

💰 Home price appreciation is slowing

🏘️ Desire to buy a home remains strong, despite affordability concerns

Check out our latest blog post to learn what these trends could mean for you!

🔗 https://patoglerealestate.co/midyearmarket24