Most people assume you need to find a Real Estate agent before anything else in the home buying experience. Actually, you need to speak with a trusted local lender. If you haven’t spoken to a lender, how do you know how much home you can afford? How do you know which loan program is best… [Read More]
Shopping for a mortgage is the responsible thing to do. Why wouldn’t you make sure you’re getting the best deal possible? This may not necessarily mean the lowest rate. Everyone’s situation is different…a person who does not plan on living in the home long term, may be better off focusing on their costs.
Peak home buying season is already under way, but are you ready? As your Real Estate Agents will tell you, the market is extremely competitive and it is certainly a seller’s market. They literally cannot build homes fast enough to meet the demand. So what are you doing to make your offer stand out? Are… [Read More]
Home prices are continuing to rise and so are interest rates. What does this mean for you? Not only is the home you liked a year ago more expensive, but the money financed for your mortgage has also become more expensive. If you have given any serious thought to buying a home in the near… [Read More]
According to housingwire.com over 50% prospective first time home buyers’ main reason for not buying a home is due to down payment. In addition, over 40% of those folks are under the impression 20% down payment is required. Did you know you could put as little as 5%, 3%, or even $0 down payment? You… [Read More]
2017 was a great year, and there are some major changes on the horizon that will make 2018 even better. Just a few of the highlights include Conventional as well as FHA loan limits increasing, which will provide more buying power to consumers. In addition, home appreciation is also anticipated to rise at a steady rate of… [Read More]
Costs involved include but are not limited to discount points, appraisal, attorney fees, and taxes just to name a few. Typically, home buyers will pay between 2 to 5 percent of the purchase price in closing fees. A very popular alternative to paying the closing costs out of pocket, is to have your Real Estate agent negotiate the… [Read More]