Purchasing your first home will be one of the most exciting times of your life. It will most likely be the largest investment that you ever make. It is where you will entertain friends and family, and it is where you will go to rest and relax each evening. With so much at stake, it […]
Category: Buying a Home
What Is An Escrow Account?
Often you will hear the term “escrow account” when applying for a mortgage. Often the criteria for whether or not an account is required is tied to the percentage of down payment made for the mortgage. What is an escrow account? Your lender will add on an amount to your monthly mortgage payment which flows […]
Top 10 Reasons to Hire a Real Estate Agent
Today we feautre an infographic on the top 10 reasons to hire a real estate agent: Courtesy of: Park City Real Estate – JensenandCompany.com
What is a Mortgage Payment?
One of the best long-term decisions that a person can make is purchasing a new home. While the value of a home may go up and down over a short period of time, home values have always increased over the long-term and have proven to be a great way to build personal equity. To purchase […]
Survey Shows Homeownership Is Still The American Dream
It seems that Americans are continuing to dream of homeownership, at least according to JPMorgan Chase’s recent survey. A total of 87% of those surveyed said owning a home is something they dream about. “Owning a home is at the heart of most Americans’ dreams,” said Kevin Watters, CEO of mortgage banking at JPMorgan Chase. […]
More Americans Confident They Can Get Mortgages
The housing slowdown may have been accompanied by an inability for potential homeowners to obtain mortgages, but the latest Fannie Mae National Housing Survey shows movement on the mortgage consumption-front. For the month of November, 51% of survey respondents said it would now be easier to obtain a mortgage. This larger vote of confidence suggests [...]
Is Now the “Perfect Storm” for Home Buyers?
Barry Habib with Mortgage Market Guide was a guest on the CNBC show Squawk Box yesterday and shared some great insight on why now is the “perfect storm” for homebuyers. He points to three big reasons all renters should jump into homeownership: 1. Rent rates are increasing in some markets. It is becoming increasingly more [...]
Don’t Miss This “I Wish I Had” Moment
When I was a kid every once and a while I would hear a grown up say “I wish I had….” It might have been buy that Microsoft stock when my friend told me about it or that piece of land that looked like a dump and was dirt cheap but now has a booming ...