Monday, November 12, 2018 / by Carlyn Voges
One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later on, became Veterans Day.
But Veterans Day is not for veterans. They don’t serve for thanks or recognition. Veterans Day sets aside a day for those of us who haven’t worn the uniform to acknowledge those who have.
So today, we honor and remember.
If you ask a military family, ANY military family, how you can help them, they will respond without hesitation, “Make sure my service member is taken care of.”
If you ask a service member, ANY service member, how you can best honor them, they will respond without hesitation, “Take care of my family.”
Don’t know anyone who has served or is serving? More than likely, there are veterans in your midst. E ...
Sunday, November 4, 2018 / by Carlyn Voges
A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification.
For many, the mortgage process can be scary, but it doesn’t have to be!
In order to qualify in today’s market, you’ll need a down payment (the average down payment on all loans last year was 5%, with many buyers putting down 3% or less), a stable income, and good credit history.
Throughout the entire home buying process, you will interact with many different professionals who will all perform necessary roles. These professionals are also valuable resources for you.
Once you’re ready to apply, here are 5 easy steps that Freddie Mac suggests to follow:
Find out your current credit history & score – even if you don’t have perfect credit, you may already qualify for a loan. The average FICO Score® of al ...
Wednesday, October 3, 2018 / by Carlyn Voges
When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors. When it comes to today’s real estate market, though, the top two factors to consider are what’s happening with interest rates & inventory.
Mortgage interest rates have been on the rise and are now over three-quarters of a percentage point higher than they were at the beginning of the year. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates climbed to 4.72% for a 30-year fixed rate mortgage last week.
The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.
Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As rates increase, the price ...
Monday, September 10, 2018 / by Carlyn Voges
Here are four great reasons to consider buying a home today instead of waiting.
1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.1% over the next year.
Home values will continue to appreciate for years. Waiting no longer makes sense.
2. Mortgage Interest Rates Are Projected to Increase
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have already increased by half of a percentage point, to around 4.5% in 2018. Most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by half a percentage point to around 5.1% by this time next year.
An increa ...
Wednesday, August 29, 2018 / by Carlyn Voges
A home is arguably the biggest purchase you're ever going to make. It's important to make sure that you don't end up regretting your investment. Unfortunately, a lot of buyers - particularly those who are looking for a home for the first time, are so eager to start their ascent up the property ladder, that they forget to check the things that could act as red-flags for a problematic new house.
While the right realtor can help to steer you towards the property that's best for you, it's also worth approaching your viewings with a list of things to look for, so that you feel totally prepared to go in with your eyes wide open. Here are just some of our best tips for a successful viewing every time.
1. Start by Looking Online
If you want to get a good idea of what's available in your area, then the internet is a great place to start. Browsing the featured listings on a reputable website will allow you to check out some features before you go for a viewing. ...