Beaufort County Realtors were given CEE credit and learned new financing options for our buyers and sellers of homes. VA loans are easily assumable which appeals to investors but also to individuals who might encounter difficulty qualifying for a new loan.
Ever wonder how your credit is rated and what weight each component carries? Do you hear mixed messages about what will improve your score? Did you realize that each of the 3 credit agencies reference different data and that your score is different with each. When you monitor your rating, you can and should check each and can do so for free. Just know that many differences exist in lender qualification requirements so one denial doesn't mean another won't lend.
There are some very simple steps that a family can take to help their children qualify for a mortgage, thereby saving the expense of rent. In our current market with the lowest prices in the last 10 years, coupled with the first time buyer incentive of $8000, this really is a very smart time to buy and we know many secrets to qualification.
Are you in a starter home but need more space for a growing family but cannot see how you would qualify for a larger loan? There are legal and safe ways for family members to help you without endangering your credit, their credit and taking advantage of the current tax laws and the current market.
Sellers can utilize methods other than price reduction to accomplish the same goal of selling their property by offering buyer incentives that actually make the purchase possible for those needing to buy. Rate buydowns can mean more than price reductions in the long run and are more advantageous to all parties.
Our market today will make us all more creative, smarter and likely more inquisitive with our buyers and sellers about exactly what they need to make the deal work!
Blog posted by Melissa Evans, Exit Realty of Beaufort SC. I love selling homes in Beaufort SC. Call today to find your perfect home 843-597-4191 . Visit my website www.exitbeaufortsc.com to search our entire MLS database. Today is a great day to start to plan your move to the beautiful, sunny water-oriented community named the "#1 small town in the US" by Southern Living Readers Choice Awards