It’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need. While a recent announcement from CNBC … [Read more...]
62% of Buyers Begin Process With Incorrect Assumption About Minimum Down Payments
Contrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy … [Read more...]
5 Acronyms Homebuyers Should Know [INFOGRAPHIC]
Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear … [Read more...]
Housing Market Is Rebounding According to These 3 Indicators
The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound. The residential real estate market has been plodding along for most of the … [Read more...]
Save on Energy and Improve Your Home with these 4 Tips
By making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers. As … [Read more...]
Your Home Inspection And What To Expect
You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection. This contingency allows you to renegotiate the price … [Read more...]
How is Buyer Demand Affected by the Supply of Homes for Sale?
The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer … [Read more...]
Should I Buy a Home Now or Wait Until Next Year? [INFOGRAPHIC]
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac forecasts interest rates will rise to … [Read more...]
Financial and Non-Financial Benefits to Owning a Home
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more … [Read more...]
This Week is the ‘Black Friday’ of Real Estate!
According to a new study from realtor.com, the week of September 22 is the best time of year to buy a home, making it ‘Black Friday’ for homebuyers. Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people … [Read more...]
Is it Better to Sell Now or Fix Up Your House First?
If you’re thinking about remodeling your house before you list it, take a look at these three tips to help you decide if you really need to fix it up before you sell. The answer may surprise you. With the fall season upon us, change is … [Read more...]
The Benefit of a “Priced to Sell Immediately” Listing
In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do. According to … [Read more...]
4 Reasons to Sell Your Home This Fall [INFOGRAPHIC]
Some Highlights: Buyers are active in the market and often competing with one another for available listings. Housing inventory is still under the 6-month supply found in a normal housing market. Homes are still selling … [Read more...]
Here’s a One Big Way Homeowners Benefit Over Renters
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on … [Read more...]
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