buying

Pre-Approval vs. Pre-Qualification: How Are They Different?

If you’ve done even the smallest amount of research on buying a home, then you’ve likely seen the words “pre-qualified” or “pre-approved” thrown around — especially if you’ve started vetting lenders. Though the two terms might sound quite similar, pre-qualification and pre-approval are not, in fact, one and the same. Is buying a home on [...]

By |2018-12-18T12:07:58+00:00December 18th, 2018|Categories: Financial, Purchase|Tags: , , , |

Best Kept House Hunting Secret: 9 Reasons to Buy in the Off-Season

You hear a lot about buying a home in the spring and summer — the so-called “hot” times to buy. But what few home buyers know? Buying in those times actually might work against you. With more competitive, higher prices and less available agents, lenders, and other vendors, buying in prime time might not be [...]

By |2018-12-17T10:46:19+00:00December 17th, 2018|Categories: Purchase|Tags: , , |

5 Creative Ways to Save for a Down Payment

The need to save for a down payment has become one of the biggest hurdles for today’s home buyers. Faced with rising home prices (meaning a larger down payment is required), plus surging student loan debt, many buyers can barely save at all — let alone enough to buy their dream house. So what do they do? [...]

By |2018-09-25T16:31:19+00:00September 26th, 2018|Categories: Budget, Financial, Purchase|Tags: , , |

Fast Facts About the Housing Market: June 2018

In June, the National Association of Realtors saw the median existing-home price for all housing types hit a new all-time high. Sales, however, continued to decline — they're down 2.2% from a year ago. This discrepancy between prices and sales is a clear reminder that we're in the midst of an inventory shortage and affordability [...]

By |2018-08-08T15:20:08+00:00August 10th, 2018|Categories: Advice, Loan Officers, Mortgage, Real Estate Agents|Tags: , , , , , |

Help Your Buyers Write a Winning “Dear Seller” Letter

We’re in a particularly hot market at the moment, where inventory is low and demand is high. Throw in that it’s summertime — the busiest season of the year for home buying — and the stakes are even higher. Inevitably, this means more competition (and probably more bidding wars) for your buyers. How can you [...]

By |2018-11-18T23:29:02+00:00July 31st, 2018|Categories: Real Estate Agents|Tags: , , , , |

What to Expect at an Open House

Open houses can be a great way to tour potential properties in a laid-back, low-pressure way. Often held on weekends, they’re easy to attend and won’t interfere with work or family obligations. You can also typically come and go as you please — no appointments necessary — and you can bring friends, spouses, or kids [...]

By |2018-11-19T04:35:06+00:00May 23rd, 2018|Categories: Purchase|Tags: , |

2018 Housing Market Do’s and Don’ts

The 2018 housing market will not differ significantly from what we saw in 2017. Interest rates remain on the rise, but more concerning are rising home prices and a continued shortage of properties for homebuyers to choose from. This doesn’t mean you can’t find a home in this selling season, though. It simply means you [...]

By |2018-11-13T06:18:46+00:00May 1st, 2018|Categories: Purchase|Tags: , , |

Saving for Your Down Payment

You've decided to buy a home! Now it's time to save up. Buying a home is the single most expensive purchase most people will ever make. As you're dreaming about your new home, you're likely saving for the down payment. It actually may not be as difficult as you think. There are many programs and [...]

By |2018-11-19T03:44:06+00:00April 21st, 2018|Categories: Purchase|Tags: , |

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