Archive for the ‘Home Buying Tips’ Category

How To Apply For A Mortgage Loan

Wednesday, September 5th, 2012

Your chances of obtaining a mortgage really depend on all the information that will be contained in the credit report. So, it’s a good idea to get your credit report, before you apply for a mortgage, and correct errors. If there are any inaccuracies you don’t know about, this could cost you thousands of dollars in…Read More »

Mortgage Minute | Turn Times for mortgage lending

Sunday, August 5th, 2012

As the interest rates continue to go down, be cautious of turn time for your new mortgage loan. Be sure to ask your lender what their current turn times are for the appraisal and general processing of your new loan. Not all lenders are the same when it comes to their processing times, staff on…Read More »

Mortgage Tips

Friday, August 3rd, 2012

As experienced agents, We can help you maximize your time by only considering homes that meet your budget requirements. To be in a strong position to negotiate with a seller, it’s best to be pre-approved for a mortgage. That means you have a written commitment from a lender for a specific mortgage amount. To a…Read More »

PMI | Private Mortgage Insurance

Wednesday, August 1st, 2012

Private mortgage insurance, or PMI, insures the lender against a default. It is required when the borrower is making a cash down payment of less than 20 percent of the purchase price. PMI costs vary from one mortgage insurance firm to another, but premiums usually run about 0.50 percent of the loan amount for the…Read More »

Timing Is Everything

Friday, July 27th, 2012

Increased Buying Power Due to recent aggressive action by the Federal Reserve, mortgage interest rates have dropped to near 40-year historic lows. Recent rate reductions could help you afford a home worth $30,000 more in today’s market, without a meaningful increase in your monthly payment.* Greater Selection With more houses on the market, the opportunity…Read More »

Home Buyers Tips | Negotiating

Thursday, July 26th, 2012

Check out our list of home buying negotiating tips at https://www.c21prolink.com/Buying/Negotiating/

Home Buying Advice

Wednesday, July 25th, 2012

Despite slowdowns in some markets, housing remains a good long-term investment. Homeownership offers immediate benefits and long-term value.  Homeowners accumulate wealth for the future while enjoying the benefits of a shelter that they can use, improve and sell. No two buying experiences are the same, but some people find the process of buying a home…Read More »

Mortgage Minute | Be Careful With Your Spending Habits

Sunday, July 22nd, 2012

Be careful with your spending habits while in process of a mortgage loan. Once a lender has pulled your initial credit report for the loan approval, a new credit report can be pulled at the lender’s discretion. The lender also requires the buyer to sign a liability statement, which certifies no additional debts have been…Read More »

Home Buyers Tip | Veterans

Thursday, July 19th, 2012

U.S. military veterans that are buying a home can usually qualify for some very favorable programs through the VA.  No down payment mortgages are available to those that qualify as are those that do not require private mortgage insurance (PMI).  Buyers that are veterans should contact their local VA office for more details and qualification…Read More »

Home Buyers Tip | Finding A Realtor

Thursday, July 12th, 2012

When you decide to buy a home, choose one Realtor to work with.  There are benefits to this. To choose a Realtor, check out websites and read about Realtor’s you may be interested in using before you call them. Tip provided by