The new school year has snuck up on us again! As much as we prepare, we can probably agree that we’re never fully ready. As summer begins to wind down, it may be helpful to ready your home for the upcoming school year.
You heard correct. You now have more options for rehabilitation financing. Freddie Mac just launched the CHOICERenovation loan. You can now combine your home and renovation loan together when you choose Freddie Mac during your home purchase. This loan is the perfect loan to purchase that less than perfect home.
The rush of buying your first home is one of the most exciting experiences one can endure in their life. It's a huge accomplishment and you should feel extremely proud of yourself. One thing to remember is to not let the overwhelming feeling of excitement allow you to fall into the traps that can occur during the process.
Communication is key to capturing the millennial homebuyer. Millennials are not like your buyers from before. Millennials know what they want, and they know how to get it. With a wide network, it is likely they are associated with a real estate agent somehow. A referral isn't enough for millennials. They will do their research to make sure who they are working with is someone they'd like to be associated with. This calls for agents and lenders to be on top of their marketing game and responsive. Don't let lack of communication and dragging of the home buying process let you lose out on this buyer. Capturing a millennial can up your business drastically because of their loyalty to people and products they like and trust, and their network. A millennial will refer you in a heartbeat if you make a memorable impression.
Home buying has become a wiser decision than renting, with rent prices so high. There are many factors that come into play while purchasing a home. It isn’t something that you would want to make an impulse decision. With your home purchase, you should plan on occupying the home for 5-10 years to make a profit. Home buyers should always research, plan and make smart decisions.
We've decided to make you a list of important do's and don'ts during the process!
With rent and home prices increasing while the amount of houses for sale decreases, it is smart to make the move now and transition from renting to homeowner. There are many reasons why purchasing a home can help you invest in your future. Here are just a few: