Buyers

May 6, 2021

Where Will Home Prices Be a Year From Now?

Submitted by:  Camille Powell

If you average the most recent projections from the major industry forecasters, the expectation is home prices will increase by 7.7%. Let us take a house that is valued today at $325,000 as an example: If the buyer makes a 10% down payment ...

View More
Posted in Buyers
April 29, 2021

How to Build a Gallery Wall

Submitted by:  Camille Powell

A gallery art wall may be just the perfect addition for your home. Blanks walls needing attention. A gallery wall is a perfect way to liven any space. Start by choosing a color theme. Picking cohesive colors that complement each other well is important. Are ...

View More
Posted in Buyers
April 15, 2021

What Credit Score is Required for a Mortgage?

Submitted by:  Camille Powell

 

Curious to know what credit score is required for a mortgage? We will break it down below; it may be easier to get qualified for a home loan than you think. What credit score is required for a mortgage, fico score, home loans, mortgage ...

View More
Posted in Buyers
March 19, 2021

Borrower Education Can Make Housing More Attainable

Submitted by:  Camille Powell

 

Today’s U.S. housing market is leaving many prospective home buyers priced out. Homes, on average, have become less affordable, and the ones that are affordable are in short supply. As a result, 55% of future homebuyers believe that homeownership is out of reach ...

View More
Posted in Buyers
March 8, 2021

How To Negotiate Your Offer

Submitted by:  Camille Powell

 

Buying a home in a seller's market can be a challenge without the right negotiation tactics When you are trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to ...

View More
Posted in Buyers
March 5, 2021

Is It a Bargain to Buy?

Submitted by:  Camille Powell

  Home prices may be rising by double-digit percentages annually but buying a home still may be more affordable than renting in several of the nation’s largest cities, according to a new study from realtor.com®. Record-low mortgage rates are helping to tilt more ...

View More
Posted in Buyers
March 1, 2021

Who Qualifies for a Jumbo Mortgage?

Submitted by:  Camille Powell

A jumbo mortgage is a loan that falls outside of the conforming loan limits set by the FHFA. A jumbo loan allows you to purchase a home with a sale price over conforming loan limit ($548,250- in most areas). Typically, jumbo loans require high ...

View More
Posted in Buyers
Feb. 18, 2021

2021 Housing Crisis - Where Are all the Houses?

Submitted by:  Cheryl Fields

Buyers are ready to take advantage of the record-low interest rates and incentives mortgage brokers have to offer yet, the inventory is lower than before the health crisis hit us making this one of the biggest challenges facing this hot market. Buyers are being forced ...

View More
Posted in Buyers
Feb. 17, 2021

Don't Wait to Invest in Real Estate

Submitted by:  Camille Powell

 

Everyone should follow the idea of “Don’t wait to buy real estate, buy real estate and wait.” While, like the stock market, the waiting game for a real estate payoff can prove to be taxing, the reward is an overly sweet victory. You ...

View More
Posted in Buyers
Feb. 17, 2021

Buying a Home With a Sales Contingency

Submitted by:  Cathy Pennington

 

When you need to sell your home so that you can use the funds to purchase another home, you may need to make an offer with a sale contingency. A sales contingency protects buyers from carrying two mortgages. A qualified realtor can help navigate ...

View More
Posted in Buyers