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”

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.”

If you’ve considered listing your home, now is the time to do so.

The first thing I looked at when I opened up my web browser this morning was an article by The Wall Street Journal writer Ruth Simon and The headline was “Is It Safe To Sell Your House Now?”  Now I have talked to numerous area realtors and I have had transactions on homes that had numerous offersContinue reading “If you’ve considered listing your home, now is the time to do so.”

Foreclosure filings, lowest since April 2007

Welcome to my blog everyone! I want to share some helpful real estate news with everyone, so based on an article by CNN Money it looks like foreclosure filings have been at its lowest level since April of 2007. What does this mean for you? This means that it is a good indication that theContinue reading “Foreclosure filings, lowest since April 2007”