With interest rates hitting all-time lows over the past few weeks, many homeowners are opting to refinance. To decide if refinancing your home is the best option for you and your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of […]

In today’s market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren’t prepared. Here are five tips from a realtor.com article titled, “How to Find Your Dream Home—Without Losing Your Mind.” 1. Get Pre-Approved for a Mortgage Before You Start […]

In real estate today, there are essentially three different price points in the market: the starter-home market, the middle -home market, and the premium or luxury market. Each one is unique, and depending on the city, the price point in these categories will vary. For example, a starter or lower-end home in San Francisco, California […]

  If you’re searching for a home online, you’re not alone; lots of people are doing it. The question is, are you using all of your available resources, and are you using them wisely? Here’s why the Internet is a great place to start the homebuying process, and the truth on why it should never […]

In many markets across the country, the number of buyers searching for their dream homes greatly exceeds the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you’re serious about buying your dream home is to get pre -qualified or pre-approved […]

There are great advantages to owning a home, yet many people continue to rent. The financial benefits are just some of the reasons why homeownership has been a part of the long-standing American dream. realtor.com reported that: “Buying remains the more attractive option in the long term – that remains the American dream, and it’s […]

    Mortgage rates have fallen by over a full percentage point since Q4 of 2018, hovering at near historic lows. This is big news for buyers looking to get more for their money in the current housing market. According to Freddie Mac’s Primary Mortgage Market Survey, “We expect rates to remain low, falling to […]

Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.5% over the last 12 months. The same report forecasts prices will continue to increase at a rate of 5.6% over the […]

By now, you’re probably pretty pumped and really want to find your dream home. So how do you select the members of your team that are going to help you make that dream a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most […]

Realtor.com shared ‘5 Habits to Start Now if you Hope to Buy a Home.’ Below are the top three from their list with a brief description. #1 – Automate Your Down Payment Savings One way to jump start your down payment savings is to automate your checking account to automatically save a small amount of […]

According to NerdWallet’s Millennials & Homebuying Study, the top 5 reasons young renters choose to own are: 1. To Have Control over Their Living Space – 93% Many millennials who rent a home or apartment prior to buying their own homes, dream of the day that they will be able to paint the walls whatever […]

According to CoreLogic’s Equity Report, the average American household gained over $15,000 in equity over the course of the last year, largely due to home value increases. The map below was created using the same report from CoreLogic and shows the average equity gain per mortgaged home over the last 12 months. As we mentioned […]

According to a report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.4%.” That may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective? In the report, Ralph McLaughlin, Trulia’s Chief […]

There are many potential homebuyers, and even sellers, who believe they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that there are many loan programs that allow you to put down as little […]

You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents oftentimes recommend you make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or in some […]

Congratulations! You’ve found a home to buy and have applied for a mortgage! You are undoubtedly excited about the opportunity to decorate your new home! But before you make any big purchases, move any money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you […]

  Regardless of your experience with homeownership, you probably have plenty of questions surrounding your down payment. What is truly required for a down payment? How can you best source down payment assistance? Let’s answer those questions here. 1. How Much Do You Really Need for a Down Payment? There is a long-standing misconception about […]

Finding your dream house is much similar to finding your perfect partner. Searching for your dream home may take a while, but it’ll be worth it. You will have the perfect, comfortable place to unwind and make memories. For first-time homebuyers, looking for your dream house can be frustrating, but with planning and the helpful […]