Home Sellers may be reluctant to put their property on the market right now, and that’s understandable maybe, but is it a smart financial move? The current lack of inventory in the Real Estate market, coupled with low mortgage interest rates, and the very simple fact that ‘everyone has to live somewhere’, have created the… Read More
First-time home buyers often have an issue with their credit score, not because it’s bad but because it’s non-existent. No worries you’re not alone, somewhere close to 50 million adults do not have a credit score. Nevertheless, an acceptable credit score is crucial if you plan on applying for a mortgage. Before you begin the… Read More
*Click for mortgage interest rate information for April 2019 I received a fact-packed email recently from a local mortgage lender. This is someone I’ve worked with enough to know that their information is solid, skewed neither positive or negative but true and unbiased. Andrew McCrossen, a Loan Officer at V.I.P Mortgage did a little digging… Read More
Home Buyers scouring the market for deals are having a much more difficult time finding one. Due to a shortage of foreclosures and the virtual non-existance of short sales, it’s been necessary for Home Buyers and property investors to adjust their definition of a bargain. Bargains nowadays might include
Home Buyers utilizing the Conventional Mortgage are seeing an increase in conforming home loan limits. Loan limits generally keep pace with housing prices in various regions and have been adjusted upward for the 2019 housing market. The conforming limit does not refer to the price of the home,
So why is May to August prime-time for Real Estate sales? It mostly comes down to families with kids. For obvious reasons, parents would prefer moving during the Summertime, Real Estate’s infamous ‘busy season’. “Before the kids start school” is most often the #1 item on a parent’s home buying wish list. But of course… Read More
Real Estate fraud is real. You need to be aware of the vulnerabilities of your transaction, and how to safeguard your information and your investment. Beginning with internet home searches and mortgage applications, technology plays a major role in Real Estate. Most of the paperwork for a residential Real Estate transaction can be completed on… Read More
When buying a home the power of price is undeniable. I think we can all agree that a home buyer most often chooses the neighborhood in which they will live and the features a home will include, by the mortgage that they qualify for. Accordingly, what the home buyer can afford becomes the qualifier against… Read More
Video: Dodging Common Home Buying Pitfalls. There’s an advisable procedure for buying a home and no matter how many times you’ve been a home buyer, no matter where you’re buying or in what price range, there are certain steps that it just isn’t smart to skip. I agree with the advice in the video below… Read More
Can you improve your own credit score? The video below offers some advice if you choose to work with a credit counselor and some warnings, but you can actually repair your credit yourself in a few straightforward steps. Check your credit report on annualcreditreport.com. This is the only site authorized by federal law to provide… Read More
