Why do I Need a Home Appraisal?

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July 2, 2018

Let’s take a closer look at appraisals. When you find the home of your dreams and are ready to make an offer, your mortgage lender needs assurance that the place you are interested in is worth the money you wish to offer for it. This is where an Appraiser, usually a qualified 3rd party contractor, comes in. Style and Selling Points: The appraiser looks at the general design and architectural…


Rates May Be Rising, But Homes Are More Affordable Today Than You Think

May 9, 2018

If you’ve been following the housing market, you may be seeing that rates are rising and home inventory is low. This means that fewer homeowners are putting their homes up for sale, making the market more competitive while mortgage rates go up. However, American’s may not realize that while rates are rising they are still at historic lows. This Spring, Trulia released a blog, Not Your Father’s Housing Market, that…


5 Ways to Save for a Down Payment

Friends dinner 1 400x200 - 5 Ways to Save for a Down Payment
January 5, 2018

One of the biggest challenges for first-time home buyers is saving for a down payment. Often, new home buyers mistakenly believe they must save 20% of their home price as a down payment.  However, depending on your credit and loan terms, you may be able to put down much less. Another misnomer for first-time home buyers is believing they will never be able to save enough for a down payment….


Buying a Home with a Low Credit Score

Buying a Home with a Low Credit Score
June 29, 2016

If you’re considering purchasing a home now or in the near future, but have less than stellar credit – take heart. While it may be more difficult to buy a home, it’s not impossible. There are many programs that offer flexibility for those who do not have a high credit score but may qualify for home financing in other ways. Such programs include Federal Housing Administration (FHA) and Veterans Administration…