There are literally thousands of real estate agents and mortgage lenders scattered across this great country. Many of them believe in providing solid information to their clients in order to help them make the best decision for their situation. We have gathered some of the best tips and instructions from top Real Estate Agents and presented them in the list below. Feel free to share this with any of your clients that are buying, selling or refinancing a home.
Mortgage overlays are specific rules a lender follows ABOVE the published guidelines set by Fannie Mae, Freddie Mac, FHA, VA and USDA.
The internet is covered in high quality information aimed at helping first time home buyers understand the process of getting a house. However, there is one small problem. There are a LOT of steps involved in buying a home. Most of the articles and videos that are available deal with one, two or may be three parts of the process. While this article could not possibly contain every scenario about getting a mortgage an...
FHA Mortgage quirks all buyers need to be aware. When in doubt, a loan officer can assist with your application. FHA tips via Anita Clark.
A down payment is generally required when buying a home. Many buyers don't know how to save for it. Find out how to save for a down payment here!
Every now and then one of my clients will see an advertisement for a guaranteed home sale program and ask me what they are all about. Guaranteed home sale programs were originally started many years ago by ERA Real Estate. Since that time there have been many other individual agents and companies who have copied various forms of the program.
Do nothing that negatively impacts your ability to qualify for your mortgage loan, or initiates a new round of paperwork.
When you are shopping for a home the conventional wisdom dictates that you talk to a mortgage lender and get pre-qualified for the home loan. This provides you with a price range for shopping and gives you piece of mind that the mortgage should be approved. However, there are some common mistakes people make (especially first time home buyers) that actually lead to their home loan being denied. Here are the top 10 ways to accidentally UNAPPROVE a mortgage.
Unlike fall, winter curb appeal has a different focus. During the months of fall, a home can be decorated with a range of colors and easily look inviting to a casual passerby. However, in order to make a home look appealing in the winter, there are different tactics necessary to attract potential buyers.
When you are pre-approved for a mortgage, take some time to discuss your home preferences with your lender. This could prevent you from making a big mistake in choosing the wrong kind of property.
Summer curb appeal tips broken down by US regions including Northeast, Southeast, Midwest, Southwest and Northwest from 14 top real estate professionals!
The following compilation will provide important VA mortgage facts that are definitely true as well as debunk some commonly believed myths.
How can something be a fact, but not be true? In the internet age, it's very possible to find many so-called facts that don't really hold true in real life...especially regarding real estate. So many people have so much to say, but don't really know what they're talking about. Yep.
Single in 21st century is not a stigma; it's a sign of independence. Women nowadays are their own bosses. They take leading positions and are in control of their own lives. So, why wait for "Mr. Perfect" to come around in order to buy a home?
When it comes to real estate tips and tricks, there are tons of great articles and content available for first time home buyers. The same cannot be said about tips and tricks for first time home sellers. When the decision is made by a first time home seller to list their home for sale, there is often a period of confusion.
A first-time home buyer falls in love with a property: afraid to lose out, any & all helpful advice gets thrown out the window, an offer gets put in and accepted. This first-time home buyer has now spent more than he can afford on less of a house that he wanted.
You are excited about the prospect of owning your own home, have worked hard to ensure your credit score is decent, and believe you are just about ready to discuss loan options with a lender. Before meeting with a lender, or going out house hunting, you need to start gathering the documents needed when applying for a mortgage.
One of the first requirements when buying a home is an "Earnest Money Deposit" or "EMD". The listing agent will suggest an amount in the MLS. In Las Vegas 2-5% is typical for offers involving financing.
Buying your first home is undoubtedly an exhilarating experience. You have been imagining home ownership for years and are so thrilled to be making it a reality. When you view your dream home, you begin to envision how great your life will be in it and you can't wait to sign on the dotted line.
When a buyer decides they are ready to purchase a home one of the most frequently asked questions from home buyers is, "should I buy a foreclosure?" The answer to this common question is that it depends and there is no absolute answer.
Tips for selling your home in the spring. Plus 8 real estate pros give their BEST spring home selling tips! Get your home (or your client’s) in top shape!
Learn how to avoid no down payment mistakes made by people when they buy a home and get a mortgage with little or no money down.
How the uninformed gamble with their home: Protect your belongings with the right homeowners insurance policy. Information for the first time home buyer.
How to avoid home buyer's remorse when purchasing a home!
Buying the best house in the neighborhood is never a good idea. Learn why you should never buy the best home in our latest guest post by Xavier De Buck!
Purchasing a fixer-upper is attractive to many buyers. Purchasing and renovating a fixer-upper isn't easy though. Find out the best tips here!
Posted by Debbie Drummond on Tuesday, January 6th, 2015 at 2:50pm. The good news for luxury home buyers and sellers is the real estate market continues to show signs of recovery. Experts are predicting that First Time Home Buyers will not only return to the market in 2015 but will be a driving force in the market.