Last week, the Federal Reserve raised its target federal funds interest rate by a quarter percentage point (.25) from near zero. This was the first increase in the benchmark rate in three years. And all indications are that it’s just the beginning. Continue reading
If your prospects have been putting off buying a new home and considering a refinance instead, their window of opportunity seems to be closing quickly. That means it’s time for you to nudge them about exploring all their options – like buying a home from you. Continue reading
2021 was a banner year to say the least. Home prices soared, and demand was at an all-time high. Hopefully, you rode that wave to a new career high as well. So, how can you possibly plan to have an even bigger year in 2022?
This blog will highlight a few key things you should think about or develop plans for now (right now) so that when the new year begins, you’ll hit the ground running toward a higher income than ever. Continue reading
It seems like there is a fee for everything. And no one likes them – except the businesses or organizations who get to collect them! Continue reading
But it might signal the green light for your clients who were waiting to buy until demand decreased, prices became a little more reasonable, or their credit score improved. Bidding wars and the frustration and roller coaster of emotions that come with them aren’t for every house hunter. Continue reading
Whenever our team works with a client, maybe one of the most frequently asked questions is, “How much will this house cost me every month?” It’s an understandable and necessary question. Continue reading
As of Sept. 18, Fannie Mae is adding a new feature in its automated underwriting system that considers mortgage loan applicants’ rent payment history – with their permission – during the credit review process. That means that paying rent on time will officially count for something as your buyers look to transition from renter to homeowner. Continue reading
But even though your sellers may not need this trick up their sleeve right now, it never hurts to educate them in case it’s a move they need to make in the future. An excellent place to start is identifying what seller’s concessions are and when or if necessary. Continue reading
Some interesting trends are happening in the real estate industry right now. As an agent out there helping your clients buy and sell homes, it’s your job to stay connected to what’s going on. Doing so allows you to help many families find the homes of their dreams. And gives you a few nice paychecks in the process. Continue reading
As a real estate agent, you already understand that credit plays a significant role in the mortgage loan process and can ultimately go a long way in determining if your client is approved for a mortgage loan. Continue reading
