Category: Home Buying

2020 Homebuyer Preferences
August 7, 2020

2020 Homebuyer Preferences [INFOGRAPHIC] Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money to put toward a down payment. Let’s connect today if your needs ...
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A Beginner’s Guide to Understanding Homeowners Insurance
July 6, 2020

Source: Buying homeowners insurance for the first time can be intimidating. Gaining a better understanding of what it covers, what it doesn’t, and how much coverage you need can help calm your nerves and build your confidence. While buying your first home is exciting, buying your first homeowners insurance policy isn’t ...
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Home Buyers Wilmington North Carolina Real Estate

Home Buyers: Are You Making a Real Estate Contract Offer, or Do You Really Want to Buy the Home Wilmington, North Carolina? Home buyers are out looking in the Porters Neck area and throughout all Wilmington, in Leland, in Hampstead and all over North Carolina. Are you interested in seeing the Homes For Sale ...
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Down Payments and Buying a Home
January 21, 2020

Do You know What Down Payment Requirements Are in Buying a Home?   62% of Buyers Are Wrong About Down Payment Needs According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans ...
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Mortgage Basics … Understanding Mortgage Loans

Whether looking to buy a home in Wilmington or Leland, in New Hanover or Brunswick Counties or any other area or County in North Carolina, a home buyer needs to understand mortgage loans, mortgage qualifying, mortgage payment affordability, and the mortgage application process. The reason for this is very basic: ...
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Mortgage Pre-Approval versus Mortgage Pre-Qualification
July 10, 2019

Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter? (Originally written and posted in 2009 and updated now in August, 2019, with updates in Italics) Considering taking advantage of the favorable mortgage interest rates? mortgage interest rates below 4%? Considering taking advantage of the drop in real ...
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You Signed a Real Estate Contract Offer to Sell Your Home, Mortgage Approval
May 5, 2013

Signing Real Estate Contract
Home Sellers: Is Your Home Really Sold When You Sign a Real Estate Contract Offer? Mortgage Approval_Part III There is another reality to signing a contract offer and selling a home. The majority of home buyers need to obtain a mortgage loan to purchase a home and need mortgage approval from their lender to ...
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Home Buyers: New Jersey Real Estate Contract Offers, Attorney Review
February 26, 2012

Signing Real Estate Contract
 Home Buyers: Your New Jersey Real Estate Contract Offer Has Been Accepted, Attorney Review? New Jersey Real Estate Contract Offer: In New Jersey, all real estate contracts for the sale of residential real estate containing one to four dwelling units, vacant one-family lots or leases prepared by licensees for a term of one year ...
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How Buyers Can Save Money on Real Estate Closing Costs
August 7, 2011

Real estate closing papers
Yes, There Are Ways a Home Buyer Can Save Money on Real Estate Closing Costs in a Home Purchase! Real estate closing costs are an important financial consideration when purchasing a home and in the home buying process. A home buyer needs to be financially prepared for expenses during the real estate transaction and at ...
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The Home Buying Process
June 13, 2011

Home Buying Process
               The Home Buying Process: Searching For        and Buying a Home! The home buying process involves some very important decisions which need to be made at the beginning of the home search and others that need to made to made during the home search and home purchase. The home buying process is more involved than just looking ...
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The Impact of Mortgage Interest Rates!
May 21, 2011

Mortgage Interest Rates
Should Buyers Pay More Attention to Mortgage Interest Rates or Timing the Home Purchase When Home Market Values Hit Bottom? The Dilemma: Buy Now or Wait? Home buyers are searching for the answer.  Many buyers are looking at homes week after week. They see home prices below price levels of last year, and much below the values ...
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The Impact of Days on Market MLS Statistics
April 25, 2011

Real Estate For Sale Days on Market
Are Days on the Market an important statistic for the owner, for a home buyer or is it something that only real estate agents pay attention to? Answer: The days on market statistic of real estate for sale is important to home sellers, to home buyers and real estate agents, both the ...
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