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Down Payment Assistance – aka DPA – is funds that are available typically to first-time home buyers to assist in the money needed to qualify and close on a home purchase. The program is available for FHA/VA loans and has a myriad of benefits for the first-time home buyer. Where many programs have low income […]
…and What Sellers Can Do To Prevent It! We’ve talked about surprising home features buyers LOVE, and about why buyers aren’t biting on today’s market, despite it being highly affordable. But we haven’t talked much about the characteristics of sellers, listings and homes that turn buyers all the way off. Well, not until now! Here […]
HUD Announces New FHA Condo Financing Rules! The U.S. Department of Housing and Urban Development is expected to release updated guidance tomorrow on FHA-insured condominium financing. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: […]
The Ultimate Truth About Housing Affordability There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National […]
7 Unwritten Etiquette Rules Every Home Buyer Should Know You like being under a microscope? Whatever your answer to that question may be, you’d better get used to being scrutinized when you’re trying to buy a home. Your behavior can sway sellers to bestow their precious home on you—or pass you up for someone nicer […]
5 Big Reasons to Sell Your Home This Year (Because It Could Get Tougher) Rachel Stults | Feb 20, 2019 | Realtor.com It’s no secret that life’s been pretty good to sellers for the past several years. Even if you had no need—or desire—to move, the housing landscape might have seriously tempted you to put […]
According to a new study from Lending Tree, Americans who have filed for bankruptcy may be able to rebuild enough credit to qualify for a home loan in as little as 2-3 years. This is in stark contrast to the belief that many have that they need to wait 7-10 years for their bankruptcies to clear […]
6 Reasons You Should Never Buy or Sell a Home Without a Local Agent It’s a slow Sunday morning. You’ve just brewed your Nespresso and popped open your laptop to check out the latest home listings before you hit the road for a day of open houses. You’re DIYing this real estate thing, and you […]