CME LENDING GROUP LLC NMLS ID 1248883 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 their […]
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 and […]
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 destroy […]
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, […]
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 seem […]
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 OF […]
Having the opportunity to purchase a home is a true experience, there are a ton of emotions that you will go through during the process, and when you get the keys to your new home it is like you’ve reached the finish line. Congratulations you have become a new homeowner, but now let’s move on […]
So if you haven’t noticed on the news, in the newspaper, or on the internet, mortgage rates are on an upward trend. Rates over the past few weeks have gone up from the historic lows that we have been accustomed to, 3 out of the past 4 weeks they’ve gone up to be exact. Don’t […]
After talking to many local real estate agents, reading news stories, and experiencing it first hand, I wanted to talk about multiple offers and what this means for you as a buyer. A multiple offer is when a listed property gets numerous offers from different potential buyers, this means that when you decide to make […]
