The Difference Between a Pre-Qualification vs. Pre-Approval There are plenty of real estate terms used in transactions. Needless-to-say it can be confusing for both buyers and sellers trying to navigate the process. The home loan process might feel overwhelming and difficult to understand. Both buyers and sellers find terms like “PreQualification” and “Pre-Approval” used interchangeably, … Continue reading The Difference Between a Pre-Qualification vs. Pre-Approval
Down Payment – How Much Do You Need?
Down Payment – How Much Do You Need? Gone are the days when anyone could buy a home with just a promise and signature. No documentation loans allowed virtually anyone to buy a house with no money down with just a simple credit check. After the mortgage meltdown, this all changed. Lenders tightened guidelines and … Continue reading Down Payment – How Much Do You Need?
7 Things Buyers Notice
Buyers notice everything – good and bad. From the moment they walk in the front door, they are trying to determine if this is the right home for them and their family. If you have your home listed for sale, paying attention to what the buyers notice can mean the difference between an offer and … Continue reading 7 Things Buyers Notice
The Internet Isn’t an Agent
The Internet Can’t Replace Your Agent We live in the information age; the Internet offers advice on every topic and real estate is no exception. With more and more home buyers starting their home search online, they are bombarded with advice and information – it can be easy to think that you can learn everything you … Continue reading The Internet Isn’t an Agent
The True Cost of NOT Owning Your Home
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for the entirety of America’s existence. Realtor.com reported that: “Buying remains the more attractive option in the long term – that remains the … Continue reading The True Cost of NOT Owning Your Home
Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]
Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC] Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years! The generations agree! Real estate is the best investment! Generation X leads the way with 37% believing in real … Continue reading Americans Rank Real Estate Best Investment for 5 Years Running! [INFOGRAPHIC]
4 Reasons Why We Are Not Heading Toward Another Housing Bubble
4 Reasons Why We Are Not Heading Toward Another Housing Bubble With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago. Here … Continue reading 4 Reasons Why We Are Not Heading Toward Another Housing Bubble
Selling Your Home? Here’s 2 Ways to Get the Best Price!
Selling Your Home? Here’s 2 Ways to Get the Best Price! Every homeowner wants to make sure that they maximize their financial reward when selling their home, but how do you guarantee that you receive the maximum value for your house? Here are two ways to ensure that you get the highest price possible. 1. … Continue reading Selling Your Home? Here’s 2 Ways to Get the Best Price!
Lack of Listings Slowing Down the Market
Lack of Listings Slowing Down the Market As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no doubt that the housing market will … Continue reading Lack of Listings Slowing Down the Market
First-Time Home Buyers Continue to Put Down Less Than 6%!
First-Time Home Buyers Continue to Put Down Less Than 6%! According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017. Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying, … Continue reading First-Time Home Buyers Continue to Put Down Less Than 6%!