Qualifying For A Loan – What Do I Need To Qualify

Before you start searching for your new home, the first step is to speak with a lender and determine your budget. This is being pre-qualified for a loan. Once you find the right home, then your lender will order an appraisal of the property and complete your financing. If this is your first home purchase, … Continue reading Qualifying For A Loan – What Do I Need To Qualify

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5 Warning Signs That You Will Have Remorse

Buying a home is a huge deal and usually the largest purchase you will make in your life. The last thing you want is to have buyer's remorse after you've signed the papers. Here are a few warning signs that you might be setting yourself up for buyer's remorse with your home purchase. You didn't … Continue reading 5 Warning Signs That You Will Have Remorse

Things You Should Know About Your Down Payment and Interest Rate

Whenever you buy a new home, you will need to put money down. Whether it's coming from the sale of your current home, your savings or another source, most lenders will require some sort of down payment. Along with the down payment, your mortgage will include an interest rate. Even just 0.5% can make a … Continue reading Things You Should Know About Your Down Payment and Interest Rate

Financing A Home in Need of Renovation

Finding the perfect home isn't always easy. Sometimes, the home you prefer has the character of a historic home, but needs some renovations. You might have the perfect home in mind, but you know it has to be renovated before you can settle in with your family. If this sounds like your situation, it's important … Continue reading Financing A Home in Need of Renovation

NEW LISTING ALERT! 1226 Market Street Jacksonville FL 32206

Beautiful home in the heart of Historic Springfield! Formal dining room with built-in bar. Open floor plan with kitchen overlooking entertaining space w/gas fireplace & separate family room. The kitchen features granite counter tops, ss appliances, a prep island, a breakfast bar & built-in desk. Opens to a screened porch and patio. The second floor … Continue reading NEW LISTING ALERT! 1226 Market Street Jacksonville FL 32206

What the New Mortgage Rules for 2014 Mean for You

Buying a home can be stressful. It's the largest purchase most of us will ever make and loaded with terms and rules we may not be familiar with. How about CFPB? Heard of it? it's been getting a lot of news lately. It's the Consumer Financial Protection Bureau. It's significant because its new rules regulate … Continue reading What the New Mortgage Rules for 2014 Mean for You

Summer Temperatures and Mortgage Rates on the Rise

It’s officially summertime and the temperatures are not the only thing on the rise. The week of June 24 saw the biggest increase in mortgage rates in 26 years.  “In the short run, [the week of June 24] half a percentage point increase could push some home shoppers out of the market while spurring others … Continue reading Summer Temperatures and Mortgage Rates on the Rise

HUD Homes: Have You Explored this Opportunity?

Let me start by saying that HUD homes for sale have nothing to do with HUD rentals.  FHA mortgages are insured by HUD.  When an FHA mortgaged property goes through foreclosure, the lender will take out its insurance policy with HUD.  HUD will then pay the lender and the property will become HUD's to resell, … Continue reading HUD Homes: Have You Explored this Opportunity?