Don’t get overwhelmed with one of the most important buying decisions in your life. We discuss new home financial topics including marketing information and the new home building, buying and selling processes.
Unless you’re a financial whiz, or someone in your immediate family or circle of friends is, the intricacies of buying a new home can be overwhelming, especially for first-time buyers. Add an uncertain economy and Wall Street doings, and the overwhelm can lead to frustration. But fear not — buying a …
Whether you are shopping for your home or are currently under contract it’s important to maintain your credit score and manage debt responsibly. This can be hard to do especially around the holidays. While shopping this holiday season, keep these tips in mind to help keep your credit score as …
Sounds straightforward, right? The lower the current interest rates, the better deal you can get on a mortgage for a new custom Florida home. Lower interest rates mean less interest over the life of a loan and — perhaps more importantly — lower monthly payments. Even those of us who …
If you’ve ever sold a home, be it townhome, condominium or single-family home, you know it’s all about setting yourself up for seller’s success. Regardless of the circumstances surrounding your decision — perhaps a job transfer necessitates a quick sell — you want to give your real estate professional the …
A recent report from the National Association of Realtors — the “2018 Profile of Home Buyers and Sellers,” to be exact — yielded some interesting statistics and trends about who buys homes these days in the United States. Among those info nuggets: 2018 marked the second consecutive year that single …
Need to sell your current home? Buy a new custom Florida home? But whoops — it’s deep January outside. Not the greatest time to sell or purchase a new home, according to traditional real-estate marketing advice. Banish that restrictive thinking! Especially if a family, job or personal reason compels you …
Wanting to build a new home but worried about rising interest rates? An extended rate lock may be the answer for you. Extended rate locks provide an option to lock in your loan at a set interest rate for up to 270 days. This provides protection against future interest rate …
NEWS FLASH: there’s no perfect time of the year to put your current home on the market. There are seasons when going to market can be easier, depending on your geographical region, but the truth is there are no blanket absolutes. It all depends on the home you’re selling, where …
These words sound so similar, but in the mortgage business, they mean two very different things. A prequalification letter and a preapproval letter are similar. Both are free and provide you with the maximum amount of money the bank is willing to lend you, based on certain financial assumptions you provided …
There are a few circumstances where you can and may prefer to purchase a new home before selling your previous home. If you are in a hot seller’s market where homes are selling quickly, for example. If you are buying new construction, you have extra time to sell your current …