Archive for February, 2017

It Isn’t Final Until It’s Funded

Friday, February 24th, 2017

Mortgage approval isn’t final until it’s funded.  Things can change prior to the loan being closed that can affect a pre-approval such as changes in the borrowers’ financial situation or possibly, factors beyond their control like interest rate changes. The benefits of buyer’s pre-approval are definitive: it saves time, money and removes the uncertainty of […]

Six Reason to Consider Rental Homes

Monday, February 20th, 2017

Single-family homes offer an investor the ability to borrow large loan-to-value amounts at fixed interest rates for long terms on appreciating assets, tax advantages and reasonable control. Some of these characteristics are not available through other investments. Real estate investors call getting a long-term mortgage putting an investment to bed. The fixed-rate and the 20-30 […]

What Would You Give?

Monday, February 13th, 2017

Yogi Berra said he’d give his right arm to be ambidextrous. While most first-time home buyers are not going to that extreme, it is interesting to see what sacrifices are being made according to the National Association of REALTORS® 2016 Profile of Home Buyers and Sellers. Forty-percent of first-time buyers experienced some difficulty during the mortgage application and […]

Avoid Wasting Time

Friday, February 10th, 2017

“If you waste my time, don’t expect me to hang out with you very long.” This could have been said by a buyer or seller or a real estate agent. Time is valuable and no one wants to waste their time. Your agent is committed to helping you save time while making the experience memorable. […]

This is going to be the year

Monday, February 6th, 2017

Every year, it seems like the same things are on the list but this could be the year you really do invest in a rental home. There are lots of strategies that can be successful but a tried and true formula is to invest in below average price range homes in predominantly owner-occupied neighborhoods. These […]

Facts or Myths

Friday, February 3rd, 2017

“It’s impossible to get low down payment loans.” – FACT! FHA down payments are 3.5% and VA is 0%. In some areas, there may be some 0% down payment USDA loans available. FNMA and Freddie Mac have 3% down payment programs. Buyers and Sellers need solid information to make good decisions. Call us with your […]