You’ve decided – you’re ready to find a home, make a home purchase offer, and become a homeowner. The homework has been done, you’ve figured out where you want to live, and have been searching for a home. But there’s one problem – there is a shortage of homes available in your price range and it is an extremely competitive seller’s market.
A seller’s market means that there are more buyers than there are homes available for sale. This is … Continue reading
If you are wanting to buy a home, you need a down payment. The down payment is the one-time, upfront amount needed by a homebuyer which is paid at closing and represents a percentage of the purchase price. Sometimes, saving up enough dough can seem a bit overwhelming.
The good news is you might not need to sock away as much money for a down payment as you think! Today there are a couple of home loan purchase options available … Continue reading
The winter can be a fantastic time to buy a home, despite the dreary look of bare trees and lawns. Here’s why:
1. Less Competition
In winter months there are fewer buyers. One main reason you are competing with fewer buyers is because many buyers have school aged children and typically wait until the spring or summer to buy a home because they don’t want to move their children to a new school district in the middle of the school year. … Continue reading
If you are ready to move out of your apartment, and thinking you might be ready to buy your first home, there is no time better than now. Owning a first home is an important step to building better finances as well as give you more space for starting a family. If you are considering purchasing your first home, … Continue reading
Does the home buying process have you mystified? Here are the 16 steps, from start to finish, that you need to know about the home buying process.
Search – Homebuyers should seek the advice of an experienced mortgage professional, someone who will help determine which financing options best suit their needs…today and in the future.
Loan Application – It’s crucial that homebuyers supply the lender with as much information as possible, … Continue reading
Bidding for a new home can get pretty fierce in today’s market, especially in the Dallas-Fort Worth metroplex. Homes are selling faster than the speed of light. So fast that most sellers have the luxury of entertaining multiple offers with no seller concessions and leaving many homebuyers disappointed as their offer was not accepted.
This is a sellers market. The days a finding a steal are long gone. Home prices have appreciated and are close to 2006 levels. And inventory … Continue reading