Tag: homebuyer
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What if I Wait a Year to Be a Home-buyer?
National home-values have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many home buyer to enter into the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home-values are headed over the next six months.…
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Buyers: Don’t Be Surprised by Closing Costs!
Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days…