Tag: homebuyer
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Condos Could Be a Win for Today’s Buyers
Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in. For first-time buyers, they can be a smart way to get into homeownership without stretching your budget. For downsizers, they offer less…
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Are These Myths About Buying a Newly Built Home Holding You Back?
If you’ve been skipping over newly built homes in your search, you might be doing so based on outdated assumptions. Let’s clear up a few of the most common myths, so you don’t miss out on a solid opportunity. Myth 1: New Homes Are More Expensive It’s easy to assume a new build will cost…
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Is It Better to Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Mortgage Rates Mortgage rates are still a hot topic – and for good reason. After the most recent jobs report came out weaker than expected, the bond market reacted almost instantly. And, as a result, in early August mortgage rates dropped to their lowest point so far this year (6.55%). While that may not sound…
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What Credit Score Do You Really Need to Buy a Home?
According to Fannie Mae, 90% of buyers don’t actually know what credit score lenders are looking for, or they overestimate the minimum needed. That means most homebuyers think they need better credit than they actually do. That could make you think buying a home is out of reach for you right now, even if that’s…
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Advice First-Time Homebuyers Need to Hear
Buying your first home is a big milestone – and the right support is going to make it a whole lot easier. Because while this process might be brand new to you, its not new to me. I have helped plenty of first-time buyers through it. I know what works, what actually matters, and how…
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Three Ways to Pay for a Home If a Traditional Mortgage Isn’t on the Table
Cash isn’t the only option if you don’t want or can’t qualify for a regular home loan. If you are shopping for a luxury home, what can you do if you are self-employed or highly leveraged and won’t qualify for, or don’t want, a traditional mortgage? Many buyers simply pay cash for their homes. According…
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The Truth About Where Home Prices Are Heading
There are plenty of headlines these days calling for a housing market crash. But the truth is, they are not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. It’s not a crash! Yes, in some local markets, prices are flattening or even…
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What You Should Know About Getting a Mortgage Today
If you’ve been putting off buying a home because you thought getting approved wouldbe too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standardss are still strong. Lenders are makingit slightly easier for well-qualified buyers to access financing, which is opening more doors for people ready…
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Why Buying Real Estate is Still the Best Long-Term Investment
Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering does it really make sense to buy a home right now? But here’s…