Don’t Let Fear Stop You from Applying for a Mortgage

By |2020-05-15T13:37:00-07:00October 31st, 2017|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll [...]

Renting or Buying…Either Way, You’re Paying Someone’s Mortgage

By |2020-05-15T13:37:00-07:00October 30th, 2017|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Real Estate, Rent vs. Buy|

There are some people who have not purchased homes yet because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their article, “12 Practical [...]

Buying a Home Can Be Scary… Unless You Know the Facts [INFOGRAPHIC]

By |2017-10-27T10:00:22-07:00October 27th, 2017|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Millennials, Real Estate|

Some Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts: 40% of millennials who purchased homes this year have put down less than 10%. 76.4% of loan applications were [...]

How to Save on a Mortgage Payment Whether Buying or Selling

By |2020-05-15T13:37:00-07:00October 26th, 2017|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate, Rent vs. Buy|

In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and [...]

The #1 Reason to List Your House, NOW!

By |2017-10-25T10:00:42-07:00October 25th, 2017|Categories: For Buyers, For Sellers, Move-Up Buyers, Pricing, Real Estate|

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact, [...]

Millennials Flock Towards Low Down Payment Programs

By |2017-10-24T10:00:51-07:00October 24th, 2017|Categories: Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Millennials, Move-Up Buyers, Real Estate|

A report released by Down Payment Resource shows that 61% of first-time homebuyers purchased their homes with a down payment of 6% or less. The trend continued among all buyers with a mortgage, as 73% made a down payment of less than 20%. An article by Chase points to a new wave of millennial homebuyers: “We teamed up with Google to [...]

The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

By |2017-10-20T10:00:19-07:00October 20th, 2017|Categories: Buying Myths, For Buyers, Infographics, Real Estate, Rent vs. Buy|

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), the choice becomes obvious. Every market is different. Before you renew your lease again, find [...]

Hiring an Agent to Sell Your House May Cost You NOTHING!

By |2017-10-19T10:00:56-07:00October 19th, 2017|Categories: For Sellers, FSBO's, Move-Up Buyers, Real Estate, Selling Myths|

There is no doubt that it is easier to sell your house when using the services of a local real estate professional. The agent will provide: Greater exposure to more buyers The skills of a professional negotiator A layer of protection from possible legal liabilities Professional guidance in navigating any pitfalls that may arise A [...]

Moving-Up to a Luxury Home? Now’s the Time!

By |2017-10-18T10:00:53-07:00October 18th, 2017|Categories: For Sellers, Luxury Market, Millennials, Move-Up Buyers, Real Estate|

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control.  The inventory of homes for sale in the luxury [...]

Buying Remains Cheaper Than Renting in 39 States!

By |2020-05-15T13:37:01-07:00October 17th, 2017|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Real Estate, Rent vs. Buy|

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up [...]