Do you have potential clients who seem a bit too content with renting? Maybe they’re afraid they won’t quality or can’t come up with a down payment? Whatever the reason, it’s always a good idea to share with them the current state of the rental market and the low/no-down payment programs available to first-time homebuyers.
Did you know that 1 out of every 5 home purchases are made by a single female? It’s actually 1 out of 4 between the ages of 54-63! Single women now make up the 2nd largest group of buyers behind married couples & they’re buying property at twice the rate of single men. NAR Data
It happened AGAIN this month. My phone rang – it was a buyer in meltdown mode. Let’s call them the Smiths. They were totally freaking out. The Smiths were pre-approved with one of the big national lenders from out of town (you’d recognize the name). But that was weeks ago. The Smiths had just days
If you want to make a big impact on your finances in 2019, you won’t find a more powerful tool than refinancing your home mortgage loan before the holidays. Rates are still hovering in the upper 4s or low 5s on a fixed rate loan with good credit even though the “all time low” media
The phrase “think outside the box” certainly is relevant in the real estate industry these days. For the last 10+ years, mortgage lending has essentially lived “in the box” from a guidelines standpoint and overall approach to risk. The risk tolerance pendulum is now swinging back the other way. It won’t be long before YOUR