Tag: First Time Homebuyers

Posted on 02/01/2022
Owning Is More Affordable than Renting in the Majority of the Country
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report...
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Posted on 02/01/2022
Always Get A Home Inspection
Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. We always tell our buyers that you should always get a home inspection. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so...
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Posted on 01/22/2022
With Mortgage Rates Climbing, Now’s the Time To Act
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates...
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Posted on 12/29/2021
Key Things To Avoid After Applying for a Mortgage
Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close. It’s exciting to start thinking about moving in and decorating your new place, but before you make any large purchases, move your money around, or make any major life changes, be sure to consult your...
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Posted on 11/29/2021
It's a Great Time To Sell Your House
As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list...
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Posted on 10/31/2021
The Mortgage Process Doesn’t Have To Be Scary
Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, contact us and we can get you in touch with a lender so you can get pre-approved and...
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Posted on 10/22/2021
Homes Are Less Affordable, Not Unaffordable
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable...
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Posted on 10/17/2021
Homebuyer Tips For Finding Your Next Home
The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace comprises during your search. Then, once you’ve fallen in love, commit by putting your best offer forward. If you’re looking to buy a...
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Posted on 10/05/2021
Should You Rent or Should You Buy?
When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to take advantage of the perks of homeownership, let’s connect to explore your options. Call or email...
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Posted on 09/25/2021
Good News for Buyers and Sellers
Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If this sounds like good news to you, let’s connect today so...
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Posted on 09/22/2021
Do You Need 20% for a Down Payment to Buy a Home?
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle....
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Posted on 06/24/2021
A Pre-Approval is a must have when buying a home
A Pre-Approval Makes All the Difference When Buying a Home You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear...
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