home buying: Hey Home Buyers.. New Home Construction Prices May Be RISING!
- 02/17/14 04:04 AM
Hey Home Buyers.. New Home Construction Prices May Be RISING! Excerpts from an article written for Real estate Daily News and was published by Realtor Magazine on January 29,2014 says that D.R. Horton, the largest U.S. home builder by homes sold, announced that strong sales will allow the company to raise prices for an early start of the spring home-selling season. Hey this is huge news for home buyers. More contracts are being written on new home construction The article further stated "In January, and especially in this last week, our sales have been better than expected," says Donald Tomnitz, D.R. Horton's chief executive. … (5 comments)
home buying: Are Homes You Are Seeing To Buy Looking A Little Shabby? Think Renovation Loan
- 03/06/13 12:56 AM
Are Homes You Are Seeing To Buy Looking A Little Shabby? Think Renovation Loan When inventory gets low, like it is now, it seems the only homes that buyers see in their price range are not move in ready and those that are have multiple contracts. The solution may be for buyers to take a look at a renovation loan program. So what is a renovation loan program? The short of it all is that it allows you to wrap the renovation costs into your mortgage. For example: you find a home that is priced at $200,000 that needs … (2 comments)
Whether you are a first time home buyer or a seasoned home buyer being organized with your thoughts, steps to take and paperwork, a home buying plan of action per se, will greatly reduce the stress level that inherently by nature of being human seems to come with making a home buying decision. Yes it is always stressful when making one of the biggest personal investments one makes in their lifetime. So lets get started. Step One Every home buying decision starts with ones comfort level in what their monthly mortgage expenses are going to … (4 comments)
home buying: Home Buying..Attention Maryland First Time Home Buyers
- 01/02/12 11:05 AM
Attention Maryland First Time Home Buyers...Maryland has a Down Payment and Settlement Assistance Program Maryland offers up to $5000 to use towards your down payment and/or settlement costs. Called DSELP for short, this 0% loan is available to buyers who use a CDA first mortgage to purchase their home. DSELP is a deferred loan that is repayable when you 1) pay off your mortgage, 2) refinance or, 3) sell or transfer your home that was financed with CDA.With a CDA mortgage loan you can buy a single family home, a townhouse, a condominium or a semi-detached home as long as the home … (5 comments)
home buying: Buying A Home..Are You A New Doctor Looking To Buy A Home
- 12/05/11 05:03 AM
Are You A New Doctor Looking To Buy A Home? You've been working hard. Long hours, little sleep and finally.... you have made it. Congratulations!! You have finished up your residency and chosen where to hang your shingle. Now it's time to choose where to hang your hat. In a home you can call your own of course.
One of the great benefits of being a Long & Foster agent is the access to some of the best Prestige Partners available of which one is Prosperity Mortgage. As a new Doctor looking to buy a home Prosperity Mortgage had you in mind with their … (3 comments)
home buying: Buying A Home??....How About A Foreclosure?
- 04/09/11 02:12 AM
How About A Foreclosure? Earlier this year I received a phone call from a Mom who was helping her daughter with the process of purchasing her first home. Within days we met for our initial buyer consultation. I always feel it is important to get to know who you are planning on working with, to learn what is important to them, how to best proceed and to let them know how I work. All went well and we were off on our home search within days of that meeting.We went out 3 separate times and looked at 5-6 homes each time. … (4 comments)
home buying: Buying A Home...Is Right Now Really a Good Time to Buy?
- 02/10/11 10:14 AM
Martha let me ask...Is right now really a good time to buy a home? Oh I'm sooooo glad you asked this question. Buying a home is a huge step whether it is your first home or your umpteenth home. But wait....what did you ask??? Is right now a good time to buy a home. The short answer is yes!! Right now is a great time to buy a home.
Keep in mind I said nothing about buying a house or even buying an investment. I said 'buying a home' A place to laugh, share, cry and love. A … (5 comments)
home buying: Ahhh....I love Selling Memories
- 01/04/11 05:49 AM
The year is 1954. A young newly married couple took the plunge and purchased a home. The price of the home $5350. The interest rate 4.5%. Now the home was pricey and the monthly payment was going to be a whole weeks worth of income but they were determined to make a life for themselves. A family was started in this home, as first a son and then a daughter were born. Additions to the home were added as the family grew. Memories were made with family and holiday get togethers, and friends shared in the memory making as well. Children were sent to … (5 comments)
home buying: Buying A Home? Like Your Realtor Choose Your Loan Officer Wisely
- 06/22/10 03:58 PM
Buying A Home? Like Your Realtor® Choose Your Loan Officer Wisely So you have decided to purchase a home. Great!! It's a smart move in any market but especially now with inventory abundant, prices competitive and interest rates....well interest rates are beyond outstanding.And you have done your homework. Like 92% of Buyers out there you started your search on the Internet, checking out homes and locations. You know the importance of working with a Realtor® and have chosen one that is both knowledgeable and professional, who has come highly recommended or who may have even been found by you on the Internet through reading their blog. You just knew … (25 comments)
home buying: Sometimes Sage in Real Estate Means More Than Good Advice
- 05/14/10 05:08 PM
A few years back I was working with a couple who were getting ready to adopt some children from China and needed a bigger home. As most buyers they were very specific about where the home was to be located and the style they wanted it to be. By chance a listing was getting ready to hit the market that was absolutely the perfect home for them. The location and style could not be beat and though it needed a bit of updating it was, should we say, perfect. There was one problem though. The owners were going through a nasty divorce and … (7 comments)
home buying: Phew!! If I'm A Full Time Agent and Going Crazy...How Does A Part Timer Do It???
- 04/12/10 03:47 PM
Phew!! If I'm A Full Time Agent and Going Crazy...How DOES A Part Timer Do It?? From the moment the bell tolled that it was 2010 I have been busy. Very busy. Most days are chocked full from morning well into the night (hmmm 11:30pm and I'm finally finding time to write this). Now I am not complaining, thats for sure, but it made me think.... If I'm a full time agent and going crazy...how does a part timer do it?? Just keeping up with the changes in the mortgage rules, appraisal rules, the extended time frames for this paperwork, that paperwork … (20 comments)
home buying: Add A Little Bit Of 'Sparkly' To Your Real Estate Closings
- 10/23/09 02:37 PM
Today I was at a closing with one of my favorite agents on the other end. We had a few minutes to chat while waiting for the checks to be cut (yes we get checks to take back to our Brokers at closing!!) and the subject turned to interesting closings we have had in the past. I mentioned one I had where I was working with a really cute first time home buyer. I had also just heard of a sweet new closing gift to give so I thought I would give it a try. The gift consisted of bringing a … (53 comments)
For months now the word has been that if you are a first time homebuyer or have not owned a home for at least three (3) years that Uncle Sam will give you a tax credit of up to $8,000 when you buy a home. Hmmmm... sounds like a promising proposition for sure. You betcha, as many have jumped at the chance. Not only did they jump at the chance of receiving up to $8,000 back in their pockets from Uncle Sam but they jumped at the chance to buy … (7 comments)
Hey Home Buyers.. New Home Construction Prices May Be RISING! 
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