First Time Home Buyers

Rents Are on the Rise: Don’t Get Caught in the Rental Trap!

First Time Home Buyers, For Buyers, Rent vs. Buy /

\"RentsThere are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage. Don’t Become Trapped  A recent article by Apartment List addressed rising rents by stating: “Rents are up 2.7% year-over-year at the national level. Year-over-year growth continues […]

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What is the Cost of Waiting Until Next Year to Buy?

First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing /

\"WhatWe recently shared that over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market. As a seller, you will likely be most concerned about ‘short-term price’ – where home values […]

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Before You Make an Offer, Here Are 4 Tips for Success!

First Time Home Buyers, For Buyers, Move-Up Buyers /

\"BeforeSo, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 […]

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Why Getting Pre-Approved Should Be Your First Step

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"WhyIn many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for […]

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Home Prices Up 7% from Last Year

Down Payments, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Pricing /

\"HomeAccording to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase. A lack of supply of homes for sale has led to upward pressure on home prices across the country, especially in areas […]

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Why Is There So Much Paperwork Required to Get a Mortgage?

First Time Home Buyers, For Buyers, Move-Up Buyers /

\"WhyWhy is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was […]

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The Real Reason Home Prices are Increasing

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing /

\"TheThere are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are […]

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