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,
Early, alarming predictions for a dramatic surge in mortgage rates in 2018, have so far fallen flat. True, home buyers have seen incremental increases in rates for home loans since January, but in more of a one-step-forward-and-two-steps-back pattern. I’m cautiously optimistic that this might continue for three significant reasons. First, the country’s economy appears to… Read More
House Hunting 101: You’ve found “The One”. Now what? You’ve covered all the obvious items on your wish list, and your Home Inspector has done his thing. You’ve read the home inspection report and considered the time and money that will be required for you to make the home livable and comfortable. But a home… 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
Before You Buy a Home Investigate the Neighborhood… 4 Questions to Ask. I sell homes, I do not sell neighbors. That doesn’t mean you shouldn’t take a closer look at what’s going on around the houses that I’ve shown you to determine the best places for you to live. Actually, one of the first suggestions… Read More
Video: Pet-Friendly is the Word for These Top 10 Cities When we first moved to Arizona I was dumbfounded by the number of retail stores catering to pets and pet owners. Vets and boarding facilities are also wildly popular in the Greater Phoenix Valley area. Scottsdale comes in 5th on WalletHub.com’s list of the top… Read More
Home Buying 101 – 1 Question, 5 Research Tips. As market conditions and mortgage regulations change, and without a doubt they do frequently, it becomes more and more important that you do your research before jumping right into the home buying market. This FAQ page is a good beginning, but I’d really like to elaborate… Read More
Video: Choosing the Right Lender Makes All the Difference I’m not sure how many people realize how critical it is to choose the right mortgage lender when you’re buying a home. Unfortunately, by the time you find out you’ve made the wrong choice it’s usually too late. As a Realtor, I learned very quickly which… Read More
How to Buy a Home in a Seller’s Market. *continuation of yesterday’s blog Why Are Existing Home Sales Tanking? We all know the equation: low inventory plus higher prices equals a tight market. This setting can be a challenge for buyers who are competing for their dream home. According to the National Association of REALTORS® … Read More
Inadequate Financial Knowledge Delays Many Home Buyers, Study Says. I’ve worked with countless mortgage lenders over the years and have come to depend on just a handful, to provide me with timely, accurate information, with no drama. I’ve always believed that the home buying process should not be stressful or confusing. But I’ve seen that… Read More
