If you are interested in purchasing a home at some point in 2013, why wait on getting things lined up? With housing prices down and mortgage rates at record lows, there are going to be a lot of buyers looking to purchase a home as well. Get a jump on starting the process by following […]
After you find the real estate agent you are comfortable working with, here are the next steps in buying your first home. 1. Select a Lender The point of talking to a lender at this point is to get pre-approved for a loan. While you may think you know what you can afford, talking to […]
You have found your dream home, made an offer, and they accepted. Congratulations! Now it’s time for the real work to begin. Beyond researching the title on the property, you should seriously consider having a survey of the property conducted even if it is not mandatory by the title company. What is a Survey? A […]
Great news to finally hear about how the market ended in 2011. Home sales for the last month of the year reached their highest mark in 12 months. While this certainly led to a great start in January, we are certainly not where we want the real estate market to be. So what still needs […]
In my last blog, I explained why your credit score is so important. After receiving quite a few questions on the subject from readers, this week’s entry is on clearing up some of the most common credit score myths. Myth #1: “I know I have great credit because I pay my bills on time and […]
If you are interested in purchasing a home at some point in 2012, do not wait until the new year to start on the process. With housing prices down and mortgage rates at record lows, there are going to be a lot of buyers looking to purchase a home as well. Get a jump on […]
1. Affordability According to the National Association of Realtors’ housing affordability index, housing affordability will be at its highest in a generation this year. The affordability index is comprised of median home prices, median family income, and the prevailing mortgage rate. An index of 100 implies that a median income family has just enough income […]
The home buying process is usually thought of as a complicated process, but it doesn’t have to be. If you are know what to expect and have a real estate agent who is knowledgeable and committed, the process can be stress free and even exciting. This is a shortened version of my Home Buyer’s Guide. […]
