Everything you Should Know About the Down Payment Assistance Programs
Everything you Should Know About the Down Payment AssistanceProgramsYou might think you can’t get a loan if you don’t have a 20% down payment. The good news isthere are options to secure a loan, including programs with lower down payment requirementsand down payment assistance programs. Not everyone will qualify for a down payment assistance program. […]
Does an Impending Recession Hurt the Housing Market?
The word recession is enough to send chills down anyone’s spine, especially homeowners andhomebuyers. What will happen to the housing market? Will we see another housing crisis like 2007?Fortunately, the answer is ‘no, we will not see another housing crisis.’ Here’s why. Home Prices remain High If you’ve monitored the housing industry over the last […]
Can a Seller Back Out after a Low Home Appraisal?
Low appraisals have become the norm for the inflated real estate industry lately and for goodreason. Bidding wars have caused home prices to inflate significantly, but the prices aren’talways warranted. Many buyers covered the difference because they had faith the values would bounce back andthe home would be a good investment, but not all buyers […]
How Long Does It Take to Close on a Home?
Buying a house is exciting and overwhelming all at the same time. Not only must you find yourdream home, but you must secure financing too unless you’re paying cash. The financing part causes a lot of stress for most people because they don’t know what toexpect. One of the largest concerns I hear about is […]
Do you Know What that Interest Rate will Cost You? Mortgage Rates Matter!
If you’re in the market for a house, you might think about the features the house has or the price, but how often do you think about the mortgage rate? Many buyers I work with don’t realize the importance of the mortgage rate, so I’m here to clear the air so you make an informed […]
What is a First Time Buyer Program and How do you Qualify?
First time homebuyers have one major obstacle – the down payment. When you already own ahome and sell it to buy another, usually you have equity to use for the down payment. You don’tneed much money out of your own wallet, making it easier to qualify for financing. If you’ve never owned a home before, […]
The Best Mortgage Loans for First-Time Homebuyers
Buying your first home can be exciting and overwhelming at the same time. You’re fulfilling theAmerican dream but at the same time, taking on the largest debt of your lifetime. Fortunately, there are many great mortgage loans for first-time homebuyers. Here are our topchoices. FHA LoansFHA loans used to be known as a ‘first-time homebuyer’s […]
How to Get a Mortgage with Bad Credit
The first thing lenders look at when you apply for a mortgage is your credit. If you have a bad credit score, it could be harder to secure financing, but not impossible. Many lenders offer loans for borrowers with bad credit. Here’s how to get the financing you need. What do Lenders Consider Bad Credit? […]
Housing Market Predictions for 2022
After a couple of years of short demand and crazy high sales prices, everyone wants to know, what will the 2022 housing market look like? While they are just predictions, here’s what the experts believe we will see as we enter the New Year. Housing Prices will Increase As we’ve seen with prices on just […]
Which Home Renovations Generate the Highest ROI?
Which Home Renovations Generate the Highest ROI?Did you know that not all home renovations affect your home’s value? In other words, your ROI could be next to nothing on some renovations. Even if you do see a return on your investment, it’s sometimes less than half of what you paid. Was it worth it? Fortunately, […]