Sign in
Tag Archives: Mortgage
How Equity Helps Homeowners
What is equity and how does it affect you as a homeowner? Equity is defined as the difference of the home’s fair market value and the outstanding balance of all other debt on the property. Many homeowners are unaware of …
Read More
How Does Owning a Home Give You Wealth?
You have heard repeatedly that putting money down on a home will repay you with equity. But that’s hard to remember after a large down payment and closing costs! However it is an important piece of information to remember when …
Read More
Where Are All of the First Time Buyers?
Many first-time home buyers are Millennials, but we are seeing a large part of this generation hesitating to make the leap into homeownership. Which begs the question, why the hesitation? Recent surveys have uncovered that potential buyers believe that you …
Read More
State of the Market – January 2017
A letter from Joseph A. Horning, President of Shorewest, REALTORS® The beginning of the year is a time to pause and reflect on the success of the 2016 market and look forward to the continued growth of 2017. According to …
Read More
Resource Video: Buyer Edition
What is a Mortgage Gift Letter? Saving enough money to use as a down payment to purchase a home is no easy task, especially if you are buying for the first time. Most lenders allow gifted funds to be used …
Read More
Serious About Buying a Home? Get Pre-Approved!
Right now we are in the midst of a serious sellers market. What this entails is that there are more buyers in the market than homes available to buy.Freddie Mac explains the advantages of pre-approval on their website, “It’s highly …
Read More
Time to Go House Hunting!
Winter can be a great time to buy a home! Some of the perks include a less competitive market, sellers who are serious and more! Winter is often over looked as a great time to buy a home, but real …
Read More
Why Now is the Best Time to Buy a Home!
Many times, the holidays are seen as a slow time in real estate. However if you are thinking about buying a home, now is actually the best time! Mortgage rates have been hovering around 3.5% since June, and in November …
Read More
The Facts about Down Payment Options
Much like the current state of politics, it is sometimes difficult to get to the facts through all the noise and misinformation. I am finding this is true as we continue to see misinformation regarding homebuyers and the issue of …
Read More
Home Buyers Want One-Stop Shopping
A recent National Association of REALTORS® (NAR) study revealed that a vast majority of home buyers want to work with a company that offers a full-range of real estate services for one-stop shopping. 78% of home buyers said that one-stop …
Read More