The Takeaway: Even without perfect credit, you may likely already qualify for a home loan. Establish with your Lender what price range of home for which you are able to qualify , prior to looking at homes. Many Buyers are able to purchase a home with as little as a ...
Continue ReadingThe Takeaway: Interest rates are still at phenomenally low levels. Property Managers and Landlords have substantially raised their rents over the last 12 months and will likely continue to do so! The credit score requirements for mortgage approval continue to loosen. The surest way to protect yourself from rising ...
Continue ReadingAccording to a recent study known as the Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market continues to demonstrate that it is a financially sound plan to become a Homeowner, rather than continue to rent. The BH&J Index report is published quarterly and attempts to answer the frequently ...
Continue ReadingThe Takeaway: The US Census Bureau defines ‘Millennials’ as those currently between the ages of 18-36 year old. The median age of “All” First-Time Home Buyers is currently 31 years old, according to the National Association of REALTORS® most recent Profile of Home Buyers & Sellers report. It seems ...
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