Tag Archive: home buying

May 30

Don’t be a stalker-talker-seller!

That wagon-wheel light fixture Sellers may be well-intentioned when they walk a potential buyer though their home, pointing out the wagon-wheel light fixture they made with their own two hands, or the custom mural of a stingray they paid top dollar to have hand painted in their son’s room, or the delightful sound of happy …

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Nov 29

5 reasons to buy your home now… not next Spring

Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying: Supply Is Shrinking With inventory declining in many regions, finding a home of your dreams may become more difficult going forward. …

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Mar 26

42% cheaper to buy in Seattle area than to rent

Wow! Did you realize that today’s mortgage rates and home prices combine to make it 42% cheaper to buy a home in the Seattle area than to rent? Big difference, eh? Nationwide it’s 44% cheaper to buy than to rent… but this picture will be changing according to Trulia.  Check Trulia’s infographics to see where …

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Nov 16

The new reality of houses NOT For Sale

… as the world turns: first it was too many houses for sale, now it is too few. Almost every offer I write the past few months becomes part of a ‘bidding pool’ on desirable properties. Investor groups (many out of state/country) are literally throwing offers onto available properties, and then moving ahead with those …

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Sep 17

5 Reasons to Buy a Home Now

Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying: Supply Is Shrinking With inventory declining in many regions, finding a home of your dreams may become more difficult …

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Aug 22

How the Serenity Prayer Applies to Real Estate

You may be wary of either buying or selling a home in today’s market… You may feel powerless to the process. How could YOU possibly know whether the current good news about housing will continue? While there is no doubt that today’s real estate market is difficult to navigate, remember that thousands of homes sold yesterday, …

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May 29

Guide to Buying Your Home

From Trulia… Guide-Trulia-Preparing-to-Buy

Apr 01

FHA to reject borrowers in minor credit disputes

NEW YORK (CNNMoney) — The Federal Housing Administration is about to make it even tougher to borrow money from Uncle Sam to buy a home. Starting April 1, borrowers in ongoing disputes with creditors over debts of $1,000 or more may no longer qualify for FHA-insured loans. Even borrowers with perfect credit scores can be …

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Mar 26

HUD-owned homes for 50% discount

Buy a home through HUD’s Good Neighbor Next Door initiative designed to encourage renewal of revitalization areas. Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD’s Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a …

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Mar 02

FHA loans getting more expensive

In a move to increase their financial standing (and to get the FHA back into required capital requirements), on Monday, HUD announced their anticipated increases in the premiums they charge borrowers. Simply stated, the cost of borrowing is going up. FHA loans, by design, are more liberal in their underwriting guidelines than most conventional loan …

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