Tag: homebuyer
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
Thinking about an Adjustable-Rate Mortgage?
READ THIS FIRST!!! If you have been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity is an adjustable-rate mortgage.…
-
What Buyers Need to Know About Homeowners Association Fees
When buying a home, you are probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these, you should know it’s a possibility, depending on where you decide to live. A homeowners association…
-
Paused Your Moving Plans?
Here’s Why It’s Time to Hit Play Again!! It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgement. Conditions just weren’t great. Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made…