Posted On: November 16, 2018
Most people believe their first home should be bought when they are young and new to the adult world. In reality, it is very common for people to purchase their first home later in life when they are more financially stable, or ready to make the move from renting to owning. Whatever the reason may be, SETCO’s Title Professionals are more than prepared to help our clients of all ages navigate their first closing. An important thing to consider when buying your first home is whether you plan to stay in that home as you get older or whether you… 
The Mortgage Bankers Association estimates a 4.2 percent increase in mortgage originations from 2018 to 2019. In addition to that, the refinance originations are expected to decrease by 12.4 percent to $395 billion. Overall, in 2019 there is predicted to be a significant decrease in mortgage originations from $1.64 trillion to $1.63 trillion. Setco is prepared to handle these changes with stride. These estimates allow us to be sure that we properly handle our client's closings to make it the best and easiest process of their lives. The unemployment rate is at the lowest it has been in 50 years,… 
Recently in the U.S., there was an outsize jump in apartment building, which caused there to be a moderate rise in U.S. housing starts. These housing starts increased by 9.2% in the month of August. With housing starts being on the rise, it is essential to find a trusted company that makes closing easy for you. At SETCO we train our team to know how to make closings easy and stress-free for our clients. Building permits have been down for multifamily building, signaling that demand is falling for apartments and condominiums. However, permits are still low for the single-family sector… 
As the top Title and Escrow Company in Northwest Florida, SETCO Services is dedicated to helping clients have the best experience possible when closing on a house. Our staff knows the ins and outs of title and escrow so that you do not have to. Many clients do not realize that just because an item is listed in the Multiple Listing Service (MLS) when closing, that item does not have to be included with the house. If the washer and dryer are listed in the MLS, but the buyer does not include that in the offer on the house, the… 
The U.S. Census Bureau and the Department of Housing and Urban Development released summary tables and microdata this week from the 2017 American Housing Survey. Commonly referred to as the AHS, this survey is a biennial look at in-depth information across many aspects of housing in the United States. The available data provide a deep dive into a range of topics from costs to neighborhood quality, and home improvement activities. For example, about 35% of households did some home improvement project over the past two years, something above and beyond basic home maintenance, with an average cost of $1,350 per…