Looking at 2017 – Perspectives on Housing

Looking at 2017 – Perspectives on Housing

Looking at 2017 – Perspectives on Housing Posted on December 21, 2016 by DavidHStevens Much has been written about the impact of rising rates on mortgage volume but, more importantly, housing. To help think about the next year I would suggest we consider some of the facts about the market today. This starts with us focusing […]

Interviewing Your Real Estate Agent

Interviewing Your Real Estate Agent

Choosing the right real estate agent is one of the most important decisions you’ll ever make. That’s why I always recommend interviewing any agents you’re considering. Here is a list of basic but critical questions that you’ll want to know the answer to before you agree to work with someone. Interview Questions: • How many homes […]

The one thing every home buyer needs to know

The one thing every home buyer needs to know

Buying a home, whether you are a first-time buyer or a seasoned vet, is both an exhilarating and exhausting experience. Having a real estate agent to help you, one who listens to you, responds quickly when you have a question, and has a deep knowledge about your local market, makes for a much more successful […]

Boost your credit score with this simple credit trick

Boost your credit score with this simple credit trick

One of the quickest and most efficient ways to increase your credit score is a very simple one. First, obtain all the current balances on all of your credit cards. Now look at the maximum credit line for each. The 30 percent trick: Make sure your outstanding balance for each line of credit is no […]

What is a Jumbo Loan?

What is a Jumbo Loan?

There are two types of loans: Conforming loans and non-conforming loans, also called Jumbo Loans. A conforming loan limit – the maximum amount that can be borrowed – is determined by Fannie Mae and Freddie Mac. These are two government-sponsored enterprises that buy mortgages from lenders. Currently the limit is $417,000 in most parts of […]

Home Buying in 6 Steps

Home Buying in 6 Steps

1) Get Ready for Home Ownership Build a good credit history Get mortgage pre-approval Find out what type of mortgages you quality for Consider hiring an attorney to review all contracts and agreements associated with the home buying process Save up for a down payment (typically 10-20% of property’s value; if FHA-qualified, then possibly less) […]