Posts Tagged ‘home buying’
Is it a good time to buy a house?
Is It a Good Time to Buy a House? This question is one of the most common questions we see from consumers, investors, real estate agents, and many others with interest in the real estate market. The answer is ‘yes’. But it also depends on your specific situation, what’s important to you, and where…
Read MoreWill Inflation Go Down?
Will Inflation Go Down? There’s tons of economic jargon being tossed around headlines these days, and one of the hot topics out there is inflation. To start, it’s important to understand what inflation is. When the value of a currency diminishes, the result is inflation – basically, you get less for the same or more. …
Read MoreWhy Would You Put 20% Down? Avoid PMI with Less!
Why Would You Put 20% Down? Avoid PMI with Less! In today’s world, PMI is considered a bad word in mortgage financing and home buying, and for good reason. After all, PMI doesn’t protect a borrower, it protects a lender, and in markets like we’ve recently seen, most of which are appreciating at a…
Read MoreShould I Pay Points?
Should I Pay Points? When getting a mortgage, one of the most important things to pay attention to is the cost of the loan being applied for. There are certain loan fees customers can shop for that may be drastically different from one lender to another (for example, origination/discount points, and lender fees) and some fees…
Read MoreHousing Affordability – the Market Looks Good!
Housing Affordability In today’s world of competitive markets, short inventory, and rising purchase prices, things are tough for home buyers (and believe it or not, sellers too!). With steeply rising prices and bidding wars becoming the norm, it seems the market is unaffordable, and many people are having their hopes dashed by competition and…
Read MoreHow to Win a Bidding War in Today’s Competitive Market
Winning a Bidding War in Today’s Tough Buyer’s Market From a production and lead generation standpoint, the majority of 2021 has been attempting to navigate the housing market to find creative, outside-the-box ways for buyer’s to compete in today’s marketplace. With demand competition far exceeding available housing supply, it’s not uncommon for homes to…
Read MoreThe Biden First Time Buyer Tax Credit – A Terrible Idea
The Biden Tax Credit – A Terrible Idea Note: This is a non-partisan opinion on a proposal by the current President. It is intended to be a 100% apolitical take on policy based on market analysis and data. The President of the United States has proposed a tax credit for first time homebuyers up…
Read MoreHow Down Payment Assistance Mortgage Programs Help Buyers In Expensive Markets
With home prices on the rise since the market crash of 2010, many markets have put home ownership seemingly out of reach for would be home buyers. While home prices in many markets have risen 5-10% in recent years, income increases have, in general, not kept up. In fact, most incomes have only climbed 2-3%…
Read MoreWhy Home Buyers Need an Experienced Lender
An Experienced Mortgage Lender Can Make a Big Difference Rate is the most important thing in the world when buying a home, right? For many, the answer is yes, but they couldn’t be more off target when it comes to where focus should be on buying a home. Rate IS important, but probably not…
Read MoreRecently Closed – Job Offer Letter Mortgage in Raleigh, NC
Did you know you can get a mortgage loan based on future income from a job offer? Even if you plan on moving before you start your new job, you don’t have to worry about the hassle of short term rentals or temporary living situations – you can BUY a home based on your future income! …
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