Buying New Construction: How Can a REALTOR® Help?
In our current “Sellers Market” we are seeing a serious shortage of inventory for homebuyers to look at. Over the last 5 years, active listings have decreased by 60% in…
How To Save For A Down Payment On A House – There’s an App for That
While homeownership has long been a central part of the American Dream, these days, it’s an ambition that’s becoming increasingly out of reach for many. Saving for a down payment…
What is the Difference Between Prequalification and Preapproval?
Prequalification vs. PreApproval Prequalification and preapproval are two important real estate finance terms. Unfortunately, these terms often get confused. The difference is important as it describes a lender's actual level…
What Do I Need to Get Prequalified for a Loan?
“By failing to prepare, you are preparing to fail.” ― Benjamin Franklin Preparation is an essential element in any successful real estate transaction, especially when the unexpected happens, and it…
The Up-Front Costs of Buying a Home
You might be getting a mortgage for your new home, but did you know? There are fees that you, the buyer, must pay prior to that new mortgage and prior…
Buying a House with Bad Credit: Essential Tips for 2018
Qualifying for a mortgage can be one of the more frustrating aspects of the steps to buying a house, even if you have great credit. On the other hand, if…
Mortgage Prequalification Guide
Don't Bring Me Down Mortgage prequalification is the essential first step buyers should take before even starting to look at houses. Here is a scenario we see all time: A…
Out of Pocket Expenses for Buyers
When purchasing a home, you know the sales price you have negotiated, but when you make it to the closing table your might be surprised at some of the other expenses…
Fears and Worries of Home Buyers
Have you, or someone you know, been considering purchasing a home but the associated worries seem to be too overwhelming? Here are a few thoughts that should hopefully help alleviate…
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Understanding Private Mortgage Insurance (PMI) and Mortgage Insurance Premium (MIP)
The language of mortgage lending can be very confusing. There is a multitude of acronyms that make up a sort of mortgage lending alphabet soup. Terms like APR, ARM, COSI,…
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