Author name: Szabi

The Venmo Problem: Why Informal Payments May Be Hurting Your Mortgage Application

The Venmo Problem: Why Informal Payments May Be Hurting Your Mortgage Application

The notification comes through in seconds. A few taps on your phone, and the money is gone—your mom’s electric bill, your kid’s school supplies, groceries for a parent on a fixed income, all paid for. It barely registers as a financial decision. That’s the point of apps like Venmo and Zelle. But when you sitRead …

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Serena Williams’ Tennis Career Helped Her Build $35 Million Property Portfolio-Can She Net More Real Estate Grand Slams With Her Comeback?

Serena Williams’ Tennis Career Helped Her Build $35 Million Property Portfolio-Can She Net More Real Estate Grand Slams With Her Comeback?

Sporting superstar Serena Williams is making her official comeback to professional tennis later this month—nearly four years after she bowed out of the sport with what was thought to be her final appearance at the U.S. Open in New York. Williams, 44, revealed on June 1 that she has accepted a wild-card invitation to playRead …

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Lower Asking Prices Are the Silver Lining in an Otherwise Cloudy Market

Lower Asking Prices Are the Silver Lining in an Otherwise Cloudy Market

Asking prices continued to fall nationally this week, providing good news to homebuyers in a market that is otherwise clouded by rising mortgage rates and economic uncertainty. The national median asking price for active listings was down 2.4% for the week ending May 23, compared to a year earlier, according to the Realtor.com® economic researchRead …

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I Spent $100K to Transform My Outdated Bathroom Into a Spa-Like Paradise

I Spent $100K to Transform My Outdated Bathroom Into a Spa-Like Paradise

Considering a room revamp, but not sure where to begin—or how much to invest? In One-Room Renos, we explore renovation projects big and small, from simple upgrades you can accomplish in a weekend to total overhauls that can cost a small fortune and take months (or longer) to complete. Today, Kara Del Toro, a modelRead …

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Home Prices Are Dropping in Seattle as Buyers Refuse To Overpay

Home Prices Are Dropping in Seattle as Buyers Refuse To Overpay

Home prices are falling faster in Seattle than in any other major U.S. metro, as buyers there gain the upper hand and sellers are forced to accept reality. The Pacific Northwest city—where the median home listing price is $776,232—saw a 2.5% annual decline in single-family sales prices in March, according to the latest data fromRead …

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‘Borderline Desperate’ Buyers Are Winning Bidding Wars but Risking Deals Over Low Appraisals

‘Borderline Desperate’ Buyers Are Winning Bidding Wars but Risking Deals Over Low Appraisals

Desperate to win bidding wars in low-supply, high-demand markets, buyers often offer well over asking price, only to see the deal stall because the appraisal falls short of mortgage requirements. This leaves them with a stark choice—either pay out of pocket to bridge the financing gap or walk away from their dream home. Ted KoczonRead …

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