A Simple Guide to Buying Your First Home in Today’s Market
Buying your first home is an exciting milestone in life. However, navigating the real estate market can be challenging, especially in today’s dynamic landscape. With higher home prices, limited inventory, and higher interest rates, it’s essential to be well-informed and prepared before embarking on your home-buying journey. This blog aims to provide you with a…
Understanding Your Mortgage Quote
Buying a home is a significant financial commitment, and understanding your mortgage quote is crucial to avoid surprises down the line. Your lender will provide a mortgage quote based on various factors, and being aware of these elements can help you make informed decisions. Let’s delve into the key components of a mortgage quote and…
Your Quick ’n Dirty Guide to Landing Real Estate Leads On LinkedIn
In today’s hyper-competitive market, LinkedIn is an incredibly powerful tool for generating leads and growing your business. Even with plenty of lead generation strategies out there, few are as powerful and scalable as LinkedIn. This social network has 930 million+ users, offering opportunities to connect with clients, showcase expertise, and build your brand. But with…
Best Loan Options for Experienced Home Buyers
As an experienced home buyer, you have likely gained valuable insights and a deeper understanding of the mortgage landscape. With your previous experience, you may be ready to explore advanced loan options that cater to specific needs and situations. In this blog, we will discuss three top loan options for experienced home buyers that offer…
Rates Rise Again and Applications Fall
On Thursday, May 25, 2023, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.57 percent, up from last week when it averaged 6.39 percent. A year ago at this time, the 30-year FRM averaged 5.10 percent. The 15-year fixed-rate mortgage averaged 5.97 percent, up from last week when it averaged…
4 Options if Your Home Appraisal Comes in Low
Low appraisals are not uncommon in the current real estate market. With rising home prices, it is possible for the appraised value to come in lower than the amount offered by the buyer. This situation can pose challenges and financial implications. When there is a significant difference between the purchase price and the appraised value…
2023 REALTOR® Commission Structure
Real estate is a complex industry that requires dedication, expertise, and a deep understanding of buying and selling. For those who make a career in real estate, the rewards can be significant. However, one of the most critical factors that determine a real estate agents earnings is the commission structure. REALTORS® this is for you While…
Why Did My Home Mortgage Fall Through?
If you’ve ever had a home mortgage fall through, you know how frustrating it can be. You’ve spent weeks – or even months – going through the application and approval process, only to have it all come crashing down at the last minute. So, what went wrong? In most cases, it boils down to the…
How to Know If You Are a Good Candidate for a Mortgage Loan
For a first-time buyer, the thought of applying for a mortgage loan can be daunting. Will you qualify? What sort of rate will you get? What type of mortgage should you apply for? Are you even a good candidate in the first place? The questions are endless. But the truth is there are no perfect…
7 Tips For Realtors Juggling Peak Season Demand
The real estate market is cyclical, with peak seasons typically occurring during the spring and summer months. Research shows that properties that are sold from mid-March to July typically sell faster and for a higher price compared to the average listing throughout the year. While this time can be lucrative for realtors, it can also…