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The Road to Wealth

The net worth of home owners’ is significantly higher than renters. A typical home owner’s net worth is $195,400 compared to a renter’s $5,400, according to the Federal Reserve’s last data from 2013. The Fed’s next survey of household finances, which is conducted every three years, is due out in […]


Buyers Taking The Upper Hand

The residential real estate market has “clearly shifted in favor of buyers,” says Jonathan Smoke, realtor.com®’s chief economist, in his latest analysis of housing data from the first three weeks of September. “Would-be buyers have struggled to find a home all year, but now inventory is nearly as high as […]


Get Ready For Big Changes

On the first of August, real estate industry professionals and consumers should be prepared that last-minute changes occurring three days before closing will become much more challenging to make. The Consumer Financial Protection Bureau is combining mortgage forms and disclosure documents that will be required to be given to clients […]


Home Staging – Does It Help?

Home staging can influence buyers’ perceptions of a home and even motivate them to pay more, according to the National Association of Realtors®’ 2015 Profile of Home Staging, a survey of more than 2,300 Realtors® representing buyers and sellers. Eighty-one percent who represent buyers say that staged homes make it easier […]


Fixer Upper Finance Options

http://simplyhomelending.com/episode-4-financing-your-fixer-upper/ Whether someone is looking to purchase a home that needs renovations or is looking to renovate a home they currently own, there are two financing options available. Deciding which type of financing is best for a certain situation will depend on several factors. Understanding the different options will help […]


Purchase Money Mistletoe

This holiday season here’s a great gift for you or any first time home buyer that you know in the market to buy a new home. As little as three percent down payment conventional loans are available beginning December 14th for buyers that haven’t owned a home in the last […]


FHA to end anti flipping waiver

Can you still do a short-term house flip using federally insured, low-down payment home finance money? That’s an important question for buyers, sellers, investors and realty agents who’ve taken part in a nationwide wave of renovations and quick resales using Federal Housing Administration-backed loans during the last four years. The […]


The Importance of a Pre-Approval

The Importance of a Pre-Approval If you’ve ever shopped for a house, or are thinking about doing that in the future, then chances are you have thought about mortgage pre-approval at one time or another. What is pre-approval? Why should you get pre-approved? Is it just something lenders cooked up […]