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.
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.
Nobody likes to be forgotten, especially during the home buying process. Considering features in a home for an animal is parallel to considering features for children. It's important during the search process to be prepared in knowing what everyone in your family is going to need to feel comfortable after the big move; including your animals that you're bringing along with you.
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!
Going green has become a necessity in the real estate industry the passed few years and will only increase. Fortunately, homeowners can do simple improvements to their property that will be cost efficient and generate the highest return on their investment.
Millennials are working hard in their early careers right now and most likely saving up by rooming with friends or family. They are becoming aware that renting on their own is looking more and more less likely of a good idea as rent prices rise.
The first taste of living by your own rules can feel pretty liberating, but can feel burdening if your future plans keep haunting you in your sleep.
Since the devastating floods that occurred throughout Louisiana this month, more than 20,000 people have been rescued from their homes. The state’s housing demand consequently skyrocketed, as displaced residents frantically search for new homes to accommodate their families. While thousands of flood victims seek new housing, however, the supply of homes for sale has remained low—and very competitive. Luckily, Louisiana has just introduced the following three housing options for flood victims:
According to the Red Cross, this month’s flooding in Louisiana is considered as the worst natural disaster since Hurricane Sandy, which hit nearly four years ago. The floods affected over 110,000 families, many of which lost everything and are now forced to look for new homes. This has caused the state’s housing market to reach crazy new levels.