Nothing talks quite like money in real estate. The ability to put down an all-cash offer on a home immediately puts you ahead of those offers who are relying on financing. Why? Because it cuts out the time and hassle of the mortgage approval process. For those who...
The Wall Street Journal reported in early September that Standard & Poor's Case-Shiller U.S. National Home Price index of real estate values increased this past quarter over the first quarter of 2009. This is the first quarter-on-quarter increase in three years....
National Association of Exclusive Buyer Agents members work solely on behalf of home buyers in real estate transactions, ensuring trust and committed representation. Denver, CO (PRWEB) December 14, 2009—From its headquarters a few miles west of the epicenter of...
Mortgage rates are at historic lows, thanks to the European debt crisis. The average rate for a 30- year fixed loan as of mid-May 2010 is 4.87%, according to Bankrate.com-the lowest rate for the 30 years since Bankrate started keeping track 25 years ago. Jumbo loan...
Mortgage rates are at historic lows, thanks to the European debt crisis. The average rate for a 30- year fixed loan as of mid-May 2010 is 4.87%, according to Bankrate.com-the lowest rate for the 30 years since Bankrate started keeping track 25 years ago. Jumbo loan...
Extension of Homebuyer Tax Credit and Exemption from Tax Credit Recapture Rules Ease the Home Buying Purchase for Members of the Military Military families seeking to buy a home can count on a little tax help. The Homebuyers Tax Credit which provides eligible buyers...
AVONDALE, AZ September 24, 2010—The National Association of Exclusive Buyer Agents supports efforts by the new Consumer Financial Protection Bureau (CFPB) to simplify the mortgage process for consumers. The CFPB is charged with combining and simplifying two disclosure...
In my post last week, I mentioned that while “loans like FHA and VA wouldn’t have the same restrictions, I heard talk in DC about raising the down payment.” Yesterday, I learned just how serious that talk was. According to an article in the Washington Post on May...
When you begin the journey of buying a home, there is a critical step that should not be overlooked. Namely, obtaining a mortgage pre-approval! This may seem counter-intuitive for first-time home buyers. After all, how can you apply for a mortgage without knowing...
Buying a condominium may become easier in the near future, thanks to recent changes in the Federal Housing Administration (FHA) mortgage program. The new FHA mortgage rules, applying specifically to condominiums, became effective August, 2016 with the passage of Bill...
While the Federal Reserve declined to raise its benchmark rate in September, a future rate hike seems likely this December. The last rate hike was in December 2015, when the benchmark moved up by one-quarter of a percentage point. Most home buyers do not breathlessly...
It takes about six weeks to close on a home in most areas of the country. Much of the reason is beyond a home buyer’s control; complex regulations, appraisal backlogs, and last-minute snags. Yet the most common reason for closing delays rests squarely on the home...