The Real Problem With the Wrong Price — Dream Blue Blog

They say that buying a house may be the largest investment you will ever make. Therefore selling your house can also be the biggest reward. The key is making sure the house isn’t priced wrong. The National Association of Realtors stated that median home prices are expected to increase 4.1% from 2015 levels. What thisContinue reading “The Real Problem With the Wrong Price — Dream Blue Blog”

I can afford the home, but I can’t afford the entire down payment. What should I do?

  AFMSI d/b/a Region Mortgage NMLS ID 179785 Little down payment does not mean they are an unqualified buyer Welcome back everyone! This week I want to discuss something that comes up quite frequently in my line of work. I hear it constantly from 1st time home buyers. They have a good job, they pay theirContinue reading “I can afford the home, but I can’t afford the entire down payment. What should I do?”

Why should I refinance? Is it really worth it?

Welcome back to my blog. This week we’re going to talk about refinancing. This has been a HUGE topic here lately, especially with the current rate drops caused by Brexit. Surprisingly, there are millions of homeowners that still have not taken advantage of lower interest rates and are still paying too much on their home.Continue reading “Why should I refinance? Is it really worth it?”

Closing Costs? Why Pay Them? Who Pays Them? I Don’t Like It

Some of the most common phrases that I hear when talking with buyers are, “What are closing costs? Who pays them? Why are there closing costs?” A very common misconception is that closing costs are the fees that lenders make on the purchase or refinance of a property. Many clients believe this as fact, that is until I enlighten them andContinue reading “Closing Costs? Why Pay Them? Who Pays Them? I Don’t Like It”

What does Brexit mean for the U.S. Housing Market?

Welcome again to my blog and thanks for visiting. I want to inform everyone on what the whole “Brexit” vote means for the U.S. housing market. Below is a blog from Keeping Current Matters that I wanted to share with all of you so that you know exactly how this will impact rates. “Now that much ofContinue reading “What does Brexit mean for the U.S. Housing Market?”

Do NOT do this when applying for a home loan…seriously.

Looks like I am going to give you a two for one in blog posts this week. I know I did one yesterday, but since I have fallen behind, I have to make up the difference. So with that said welcome to my blog. I want to inform you about something that can absolutely destroyContinue reading “Do NOT do this when applying for a home loan…seriously.”

Housing Shortage Causing Bidding Wars and Spike in New Construction.

If there is one downside to a booming housing market, it’s that there are not enough homes on the market to satisfy the amount of buyers. You can refer to this as a seller’s market. Not enough homes on the market can mean buyers paying more for a home. This is not a bad thing,Continue reading “Housing Shortage Causing Bidding Wars and Spike in New Construction.”

Why trusting a smart phone to close your mortgage is anything but smart.

So if you weren’t living under a rock, I assume that you watched at least a portion of Super Bowl 50. The game itself might not have been that impressive, but I did see some funny commercials. One in particular comes to mind, it was Rocket Mortgage from Quicken Loans. The commercial made it seemContinue reading “Why trusting a smart phone to close your mortgage is anything but smart.”

Why it’s smart to get qualified BEFORE you start looking at homes.

So you have been looking online at homes. You end up seeing one that is everything that you have been wanting. You call a Realtor to show you the home. You go and see the home and you fall in love. You want to submit an offer, then it hits you…THIS HOME IS OUT OFContinue reading “Why it’s smart to get qualified BEFORE you start looking at homes.”