Pre-Approved Buyers

This is a big first step. Now that you’re pre-approved, let’s start looking for your dream house.

Clients Think Homebuying is Unaffordable? Here’s Why it May Not Be

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Homes prices make buying unaffordable. Interest rates rising sharply. Demand outpaces availability. 

If you’ve been paying attention – and even if you haven’t – you know these headlines have dominated real estate industry news outlets over the past couple of months.  Continue reading →

Help Your Clients Make Their Own Luck When It Comes to Winning Home Bidding Wars

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Whether it’s St. Patrick’s Day or not, your clients will need a little bit of luck to get the home they really want. That’s especially true if they find themselves in the middle of a bidding war. 

Many market experts had predicted that home prices would decelerate this year, and home inventory would increase, making it at least a little easier for your clients to find and afford a home in 2022.  Continue reading →

Is Now the Time to Buy or Refi?

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When mortgage rates drop to near historic lows like recently, many homeowners start thinking about either refinancing their current homes or buying a new one.  

According to Freddie Mac and the National Association of Homebuilders, mortgage rates are expected to hover around 3 percent this year. The National Association of Realtors projects the rate will reach 3.2 percent in 2021, and Wells Fargo believes rates will be around 2.89 percent. All these numbers are attractive for both new home buyers and those looking to refinance. 

There are benefits and pitfalls to both that a knowledgeable and professional agent can communicate to put you in the best position possible.  

Despite it being a seller’s market where home prices in many regions are skyrocketing, you could still manage to land the home of their dreams without breaking the bank.  

However, if you aren’t up for getting into possible bidding wars, are still content in your current home, or need to squeeze some money out of your monthly budgets, refinancing can provide some benefits. 

To help you clients determine whether they should buy now or refinance instead, here are some essential considerations to share. 

Continue reading →

How to Calculate a Buyer’s Cash to Close

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Brandon explains how a buyer’s cash to close is calculated. Many first-time homebuyers, or even some in the industry, often interchange “cash to close” with “down payment” – these are not synonymous. Down payment is just one of the factors that goes into calculating cash to close.

*Not all borrowers will qualify. Contact us for more information on fees and terms.