There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years.
It’s not, however,
Buying a home can be SCARY…Until you know the FACTS
Some Highlights:
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership!
Here are some facts to help take the fear out of
What You Need to Know About the Mortgage Process
Some Highlights:
*Many buyers are purchasing homes with down payments as little as 3%.
*You may already qualify for a loan, even if you don’t have perfect credit.
*Your local professional, like myself, are here to help you determine how much you
62% of Buyers Are Wrong About Down Payment Needs
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market:
“More than 6 in 10 (62%) Americans believe you must put at least 20% down
A Latte a Day Keeps Homeownership Away
Some Highlights:
*The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
*Saving for a down payment takes a little discipline,
Buying a Home: Do You Know the Lingo?
Some Highlights:
*Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
*To point you in the right direction, here’s a list of some of the most common language you’ll hear when buying a home.
*The
10 Steps to Buying a Home This Summer
Some Highlights:
*If you are thinking of buying a home, you may not know where to start.
*Here is a simple list of 10 steps that you will go through to purchase a home.
*Make sure to ask me, as your agent, for details about each step and what else
What You Need to Know About Private Mortgage Insurance (PMI)
Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you
2 Myths Holding Back Home Buyers
Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that,
“For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.
How Quickly Can You Save Your Down Payment?
Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment