home buying: THREE WAYS TO IMPROVE HOME BUYING POWER
- 05/04/17 11:10 AM
Three Ways to Improve Home Buying Power If you or anyone you know is buying a house this summer, chances are you’ll be dealing with competing offers and low inventory issues. Here are three ways to avoid getting priced out of the house you want:
1 – Consider Your Overall Debt Strategy For example, what would it look like if you used some of your down payment funds to pay off other debts instead of using those funds for a down payment? This may open the door to getting you qualified for a larger mortgage so you can bid higher … (0 comments)
home buying: TWO WAYS TO WIN A BIDDING A WAR
- 04/06/17 12:49 PM
According to a recent industry survey, less than 2% of real estate agents have not yet been involved in a bidding war this year. This means that you will most likely compete with multiple offers if you’re in the market to buy a house this spring or summer. Here are two strategies you may want to consider if you’re serious about winning a bidding war: 1 – Offer More Than the List Price Money talks. Imagine if someone offered you an extra $5,000 or $10,000 for something you’re trying to sell. It would certainly catch your attention. The question becomes, how likely is … (1 comments)
home buying: THREE REASONS WHY PMI COULD BE YOUR FRIEND
- 02/10/17 05:54 AM
THREE REASONS WHY PMI COULD BE YOUR FRIEND Many mortgage loan programs today allow homebuyers to use less than a 20% down payment when buying a house. When you do this, you are often required to pay Private Mortgage Insurance (PMI). This increases your mortgage payment slightly. Here are three reasons why PMI is actually a huge benefit to you: 1 – PMI Allows You to Buy Now Instead of Waiting For example, assume houses in your market are going up in value by 3% per year. If you buy a $200,000 house now, you save $6,000 vs. waiting a year. Plus, that $6,000 … (2 comments)
Three Ways to Improve Home Buying Power 
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