Category Archives: Home Buyers

Waiting on your dream home…Why?

Some buyers are under the impression that they need to wait until they have saved a 20% down payment so when they buy their dream home they can avoid mortgage insurance (PMI) which lenders required when the loan-to-value ratio of larger than 80 percent. The only exception to this rule is VA loans. Here is […]

Negotiations times two

For some home sales there can be two periods of negotiation. Your primary negotiation happens when the contract is agreed to including price, closing date and possession. Both parties feel relief once this primary negotiation period is finished. But if there are any contingencies for financing, inspections or anything else, more negotiations will ensue. Getting […]

Don’t Waste My Time

In today’s world we are all caught up in the instant gratification era. We all walk around with our lives in our hands, literally in your phone. So expect people to react with “don’t waste my time.” Buyers, sellers or Real Estate agents can all feel this way. It has been ingrained in us that […]

How will you feel? Will it change?

As we live our lives it seems that change is the only constant in them. There was a lot of speculation last January that interest rates would increase right beside home prices. And while it is true that home prices have increased in most U.S. markets over the last five years, mortgage rates today are […]

Make a better offer – Get accepted!

All real estate contracts have their required elements, considerations, mutual assent, capacity and legality but there are some things that you can do to increase your offer being accepted. The homeseller would like to get the highest possible price in the shortest time period with the least inconveniences. Conversely, a buyer wants to get the […]

If you’re going to play, GET IN THE GAME

Redfin recently conducted a survey of almost a 1000 home buyers where they stated that with inventory low, affordability is their number one concern. Competition from other buyers is getting stronger. But if you’re not in the game, then your chance of buying is even lower. Redfin’s survey showed that 26 percent choose affordability, 19 […]

How Earnest Are You?

“If I tell you it’s going to rain, you can put the buckets on the porch.” Sayings such as these are often used in the south as a testimony of a person’s veracity of their word. If you personally know someone or know their reputation, you can make a decision on whether to trust them […]