Archive for EducateHomeBuyer – Page 2

Why The “Good Enough” Home May Be The Right Choice

How about not buying the perfect home but finding one that is “good enough”?  Buying the right home that doesn’t break your budget can help lay a solid financial foundation.  It is better to see buyers purchase a home …

How Does Housing Play a Part in Generational Wealth?

racial diversity in homeownershipDespite gains made after the signing of the Fair Housing Act in 1968, currently 71 percent of Asian Americans, 54 percent of Hispanic Americans, and 63 percent of White Americans can afford to buy the typical home compared to only …

How to Navigate the Bidding Wars When Buying a Home! Part 2

Do your homework

Start looking at listings online, even if you aren’t quite ready to begin the process yet. It will give you an idea of neighborhoods and home types you like that are within your budget.

Get educated!!  Start …

Why Aren’t Buyers Reading Their Paperwork?

The mortgage lending industry does not want to ever hear this statement again, “I don’t know what kind of loan they gave me.”  Since 2008, we have experienced a flood of new regulations and disclosures.  All of them to Read disclosures before signingbenefit …

Two Reasons Why People are Buying a Home in the Middle of a Pandemic!

Someone just sent me a joke and I think it is worthy of sharing since this year is one for the record books (in a bad way).  If 2020 was a math problem, it would go like this…….If a canoe …

What is a Side Sewer Inspection?

Very few home buyers consider sewer inspections before buying a home. They know they should get a home inspection, but side sewer inspectionthe sewer line is almost an afterthought. Yet this is one of the most important inspections a buyer of an …

How Has COVID-19 Impacted Mortgage Underwriting?

Over the last few months, COVID-19 has taken the world by storm, causing individuals and businesses to change their day-to-day processes to ensure everyone remains safe and healthy. While this is not business as usual, it’s still business—simply with different …

5 Tips For Buying A New Home After Divorce

Divorce and real estate

A divorce can be traumatic, stressful, and complicated event.  Once the dust settles and the divorce in final, an ex-spouse, or both spouses, must search and establish a new home.  A new home signifies a new fresh start and security …

Homeownership in Seattle Is Super Expensive, But the City Is Far Better Off Than the Worst-Case Examples

Narrowing the gap between income and home prices matters in making good on the dream of homeownership for more families, study shows

Seattle is without doubt one of the more expensive cities in the nation in which to own a …

Young, Smart and On-the-Go: Top 10 Metros for Millennials Who Want to Relocate

The handwringing over the latest exploits, likes and dislikes of millennials has become somewhat of a national sport. Some of the observations are the result of generational rivalry rather than insights into wide-ranging trends. Still, it’s essential to recognize that—given …