So you are looking around for a home. We are sure you are well aware of the challenges and obstacles that spring up at every corner in the real estate market. As of now, the biggest problem for buyers is the low inventory levels. What is the best way to deal with it? You need an edge which will help …
Fewer first-time homebuyers are finding a way to buy a house with a relatively low down payment as their options shrink and lenders’ down payment requirements rise. From April through June 2014, about 67 percent of first-time buyers made a down payment of 6 percent or less, down from 74 percent in 2009, according to the latest Realtor Confidence Index …
Even when a move goes off without a hitch, it still can be one of life’s most stressful events. The last thing you want is to be caught off guard by a case of identity theft just as you’re settling into your new home. Unfortunately, moving can put a big target on your back for identity thieves.
For the potential home buyer and for all of those involved with them in the process, this flowchart may be extremely helpful in determining real estate readiness!
Are you searching for a new home? Which style do you like best? Are you looking for one that features huge dining rooms, an elaborate outdoor space, a highly advanced entertainment room? All of us love features like these, but do not forget that they are also adding to your budget. In many cases, as attractive as all the features …
When it comes to buying or selling a home, there are a lot of moving parts that need to come together to ensure the transaction is a success. One key piece of the puzzle that can’t be ignored? Contingencies. Part of any standard home purchase contract, contingencies deal with items such as inspections, financing, insurance and agreed-upon repairs that must …
Mortgage rates are low; home prices are increasing at a slower pace, the job market is strengthening. So many positive indicators, but still there not enough buyers around. The monthly sales figures are much less than last year. Why? Because homes are still unaffordable, especially for an average buyer. The chief economist of a reputed real estate website told the …
Many people consider buying a house together for many different reasons. Whether it is your first-time home or an investment property, buying a house together does have its perks. If done with care, this arrangement can be very beneficial in getting you a house that you may not have otherwise been able to afford. Be sure to figure out the …
With the summer real estate in full swing, many Americans are considering purchasing a home over the next few months. The total mortgage originations market is estimated to be around $1 trillion in 2014. With that in mind, the Independent Community Bankers of America® (ICBA) and the nation’s more than 6,500 community banks are on hand to help homebuyers navigate …
