The short answer is Yes. But read on for a few considerations, suggestions and a caveat or two to prepare your finances before you apply. A large percentage of recent college graduates have student loan debt, often totaling tens of thousands of dollars. While having significant balances might make it harder to become a homeowner,… Read More
During the entire home buying transaction, from application to closing, your motto should be “Caution is Critical”.
Shopping for a home before you’ve nailed down your price range is not only unwise but can be truly disappointing. You may have a vague idea of what you can afford, but before you’ve talked with a lender, it’s hardly possible to grasp all the costs involved or the options available to you including those… 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
Mortgage companies and loan officers will tell you that it is not uncommon for a credit report to contain errors, and those mistakes can cost you! The interest rate you receive on a mortgage depends in part on your credit score, and mistakes in your credit report can have a negative affect on your score…. Read More
In many ways, today’s shifting housing market resembles the real estate climate of the 1980’s, according to Freddie Mac. The company’s November Insight & Outlook report examines the changes in mortgage servicing, discusses some of the factors that produced them since the housing crisis, and looks at the highly influential role the 55+ age cohort… Read More
There’s lots of great advice in the video below. Your credit matters, and not just when you’re buying a home. Your credit score can also affect Insurance rates, job opportunities, and major purchases like a car or furniture. If you are thinking of buying a home there are a couple other points relating to your… Read More
From: A heads-up for Home Buyers on www.yourValleyProperty.com Even before the actual application process begins, there are things that you can do, and personal, financial details that you’ll want to discuss with your lender. These will include assessing your credit score, work history, verifying cash available and reviewing tax returns. When you do finally formally… Read More
