Homebuyer

Sept. 9, 2020

Mortgage Options

Are you confused over all the mortgage options and lender lingo?  Here's a quick "cheat sheet" to get you started.  Once you're ready to take the mortgage plunge and find your dream home, let us know!  Not only will we happily guide you through your ...

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Posted in Homebuyer
Sept. 1, 2020

Is It Really a Bedroom?

I was showing a lovely older home the other day when the prospective buyers asked a common question.  “How can this be called a bedroom, it’s so tiny!”  It turns out the space was large enough to be called a bedroom, along with some other requirements that ...

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Posted in Homebuyer
Aug. 18, 2020

Thinking About Buying A Retirement Property?

Are you nearing retirement age?  Or are you thinking about purchasing a second home with the ultimate aim of it becoming your full-time home when you retire?  Here are some tips to keep in mind when searching for that home.

 

Look for a Single-Story Property

Having everything ...

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Posted in Homebuyer
July 29, 2020

To Rent or to Own. That is the Question!

Are you trying to decide if buying a home is right for you? Are you agonizing over whether this is the time or not to buy?  The answers are a resounding Yes, and Yes!

In some cases renting may be the right choice, but in the long run, there’s ...

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Posted in Homebuyer
July 14, 2020

What Affects Your Credit Score?

A high credit score can help you qualify for lower mortgage interest rates, so it is important to know what affects your score. Credit scores are calculated based on information from one or more of the three major credit bureaus: Experian, Equifax, and TransUnion. Lenders also often use scores from ...

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Posted in Homebuyer
July 8, 2020

How Much Mortgage Can I Afford?

One of the biggest questions when buying a home is “how much can I afford?”  Once this question is answered, it’s much easier to narrow down your home shopping wish list to fit your budget.  There are several factors that go into determining how much mortgage you can afford ...

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Posted in Homebuyer
July 1, 2020

Has COVID-19 Got You Thinking About Buying a Vacation Home?

Are you thinking about buying a vacation home rather than spending money on annual vacations in other parts of the country or the world?  Are you worrying that vacation plans may continue to be interrupted for the foreseeable future? While it may sound like a great idea, purchasing a ...

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Posted in General Info, Homebuyer
June 23, 2020

Offers, Offers and More Offers!

What the heck is going on in this current real estate market?  I’m fielding multiple offers on every listing.  Properties generally have an accepted offer within 3 days of putting a property into MLS.  Excellent, well-structured, appealing offers are being submitted with all the required paperwork.  ...

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Posted in Home Seller, Homebuyer
June 11, 2020

Pre-Qualification v. Pre-Approval

Why is a mortgage Pre-approval so important?  And just what is the difference between a mortgage Pre-Qualification and a mortgage Pre-Approval?

Pre-Qualification

To get pre-qualified, a lender evaluates your debt, income and assets to give you a loan estimate for how much you’re likely to be approved. This quick ...

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Posted in Homebuyer
May 26, 2020

Which Mortgage is Right for You?

 

Which Mortgage is Right for You?

 

There are a number of different types of home loans available.  Here’s a look at them.

 

30-Year Fixed Rate Mortgage

This is the most common type of loan, as the steady interest rate means you can plan on a consistent ...

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Posted in Homebuyer