Posts Tagged ‘mortgage’
Buyer Tip – Do not max out your budget!
Maxing out your home buying budget can be tempting especially after pre-approval, but it can also cause plenty of financial risk down the road. Making sure you leave yourself enough room for other financial goals is sure to help you in the long term. A rule of thumb to keep in mind when purchasing your…
Read MoreCLOSING PROCESS – THING TO AVOID WHEN BUYING A HOME
When closing on a house, it is SO important to keep your financial situation as steady and normal as possible.
Read More4 Tips For Buying Your First Home
If “Buy my first home” is at the top of your list of life goals, here are 4 tips to getting those papers signed and having the keys in your hand. 1. Clean Up Your Credit Your credit score is one of the main factors that determines whether you get a loan to purchase your…
Read More7 Budgeting Tips To Help You Buy Your First Home
So you’ve decided to purchase your first home. Congratulations! Purchasing a home is a huge decision, and it can be one of the most exciting and rewarding experiences of your life. But purchasing a home requires capital, and if your savings account is looking a little trim, it means that you will have to do…
Read MoreWhat Or Who Are Fannie And Freddie, Anyway?
If you are a home buyer or seller, or pay any attention whatsoever to the housing market, you have probably heard about “Fannie” and “Freddie.” Fannie stands for Fannie Mae but is really the acronym – FNMA – For Federal National Mortgage Association. Freddie is for Freddie Mac, or FHLMC, the Federal Home Loan Mortgage…
Read MoreTriangle Renters: How To Buy A House (Even If You Have a Less-Than-Perfect Credit Score)
Buying a home is, for many people, an essential part of the American dream. But for people with a checkered financial history – and a less-than-perfect credit score – it can feel like a dream that’s out of their reach. But just because you don’t have a perfect credit store or a pristine financial background…
Read MoreMoving Up to Your Cary Dream Home? Don’t Wait!
Across the Raleigh Triangle buyer confidence remains extremely strong. Inventory and time on market varies with location and price point but two facts hold true: homes are selling fast and prices continue to rise. Homes are selling particularly fast in and around the 27519 zip code and with the revelation that Apple may be coming…
Read MoreWhat is the Cost of Waiting Until Next Year to Buy?
Over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six…
Read MoreThe Mortgage Process: What You Need to Know
Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.
Read MoreWhat to Look for in Your Real Estate Team
How do you select the members of your team who are going to help you make your dream of owning a home a reality? What should you be looking for? How do you know if you’ve found the right agent or lender? The most important characteristic that you should be looking for in your agent…
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