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Tag Search Results For 'first time home buyers' (71)
Chicago Area Real Estate - How do We Know When We’ve Reached th…
Illinois Mortgage Rates and News | May 14th 2008 by Peter Thompson
If you are in the market to buy a home or condo here in the Chicago area, you are probably a little bit nervous. On one hand, the property values are down and you are able to buy a home at a bargain price compared to where homes were selling just a y read more
Will First Time Borrowers Save the Housing Market?
The Loan Blog | May 6th 2008 by LoanBiz
Economist say we are seeing some action with first time home buyers. For the economy to rebound it has to start with the housing market, so can first time buyers boost the market or are there too few options available for this to happen? Also with lo read more
Aligning Yourself with Professionals
Living in Portland Oregon | May 6th 2008
As a consumer about to enter the home-buying arena or selling and “buying up”, you surely will have a lot of questions. Where do I start? How much home can I afford? Is my credit good enough? Should I wait until after I buy a home to buy read more
Buying Philosophy
Living in Portland Oregon | May 6th 2008
As of this writing, you as a prospective buyer are very squarely in a buyer’s market. What this means is that there is an abundance of inventory on the market, some of which is composed of sellers who WANT to sell, some is composed of se read more
San Diego First Time Home Buyers are Winners
Carlsbad, Encinitas and San Diego Luxury Real Estate | April 29th 2008 by Roberta Murphy
by Roberta Murphy We have rediscovered the joy of working with San Diego’s first time home buyers. It’s not that we avoided them in the past, it was just the pricey nature of San Diego’s real estate that kept most first time buyers read more
Mirror, mirror on the wall, where is the nicer REO of them all? B…
Greater Phoenix Metropolitan Area Real Estate | April 28th 2008 by Christoph Schweiger
Bank Owned Homes from El Mirage to Queen Creek: Recently, I have been home shopping a lot with first time buyers. Just before my trip to Austria I got a foreclosure under contract in Queen Creek where I represent my clients as their buyers agent. My read more
First Time Homebuyers
HomeZill Blog | April 26th 2008 by homezill
Owning a home has been part of the American Dream. However, nowadays it’s becoming harder to live that dream. With the mortgage crisis, higher credit scores, larger down payments, and PMI are becoming more common. Fewer people are qualifying read more
How Much of a Mortgage Can You Afford? Down Payment and Asset Qua…
Illinois Mortgage Rates and News | April 22nd 2008 by Peter Thompson
In a recent post, I talked about how an underwriter looks at a borrower’s credit history, income and job history to determine how much of a mortgage they can qualify for. The other big part of qualifying for a mortgage is showing how much skin read more
Exisiting home sales bottom still elusive
Greater Tampa Bay Real Estate - BLOG | April 22nd 2008 by Tom Townsend
NAR released their March 2008 report and the picture is still not very pretty. Resale homes continued to drop and now stand at 19.3 percent off of March 2007 numbers. In addition, the media resale home price continued it’s spiral and fell another 7 read more
What Is Bridging Finance?
Property in South Africa | April 22nd 2008 by WizardMan
Today I officially starting feeling really bad. It's been over a week since I've blogged anything and not because I haven't had anything to write about but purely because I've been too lazy! So I'm off my fat a$ and I'm BACK! We're also going to mak read more
Realtor’s Sales Dream #2: Top 10 Cities To Find A Job
deansguide | April 21st 2008 by dean
Are you ready to prosper after a long preparation period called your “whole life”? Did college prepare you for our current economic situation? If you are a recent college graduate then you will benefit from a list of the best economic areas t read more
How Much of a Mortgage Can You Afford - Qualifying for a Mortgage…
Illinois Mortgage Rates and News | April 16th 2008 by Peter Thompson
Are you just starting to look for a home in the Chicago area, and wondering how much of a home you can afford? There are all types of rules of thumb for how much of a home you can qualify for, but rules of thumb are simply estimates, not guidelines. read more
MLS! - What Does Soccer Have to Do with Buying a Home?
Columbia South Carolina Real Estate | April 11th 2008 by David Patterson
While doing some spring cleaning in my office for an upcoming event (that will prompt me to post a press release in the future…….stay tuned), I received an unexpected “walk-in” buyer.“Mr. Patterson…I drove here from Boston and saw your ad read more
Back to the Future – How the Mortgage Industry is Taking a Trip…
Illinois Mortgage Rates and News | April 10th 2008 by Peter Thompson
In the mortgage industry, the present is looking more and more like the past. Back in 1992 when I first got into the mortgage market, George Bush was finishing his last year in office (though he didn’t know it at the time), a Clinton was runnin read more
What is a Short Sale?
Living in Portland Oregon | April 9th 2008
In simple terms, a short sale occurs when the seller of a property owes more than the property is worth. The property may or may not be in the process of foreclosure. Agents often list ’short sale’ properties on the MLS but they do ha read more
Portland Oregon Sewer Repair
Living in Portland Oregon | April 4th 2008
In Portland Oregon new standards are being set when it comes to selling or buying a home, most informed buyers are requiring that you first have a sewer scope, this process is complete after a small camera is fed through the existing line exposing a read more
Updated information on Mortgage Insurance
Living in Portland Oregon | April 4th 2008
If you have mortgage insurance on your home loan, there are two very important things you should know: First, the reason you were required to have mortgage insurance in the first place was because the ‘Loan to Value’ was greater than 80%. read more
Spring Market in Portland Oregon
Living in Portland Oregon | April 4th 2008
Coming off a somewhat slow 2007, I see 2008 shaping up just like any other year. We usually start getting busy by the end of February and are in full swing by March. As a Buyer Agent my business this year is right on track if not a bit ahead. read more
How to Buy a Chicago Area Home with No Down Payment and No Money…
Illinois Mortgage Rates and News | April 3rd 2008 by Peter Thompson
In my last post, I talked about how it is still possible to buy a home here in the Chicago area with no money down with FHA financing combined with a Down Payment Assistance program like AmeriDream or Nehemiah. But even if you are able to buy with no read more
Can You Still Buy a Home in the Chicago Area with No Money Down?
Illinois Mortgage Rates and News | April 2nd 2008 by Peter Thompson
Now that it’s April, I think it is finally safe to say winter is over here in the Chicago area. It’s been a long hard winter, and spring couldn’t come a moment to soon. But the baseball season has officially started, the sun is out read more
Is Now the Time for First-Time Home Buyers to Purchase?
HomeZill Blog | March 30th 2008 by homezill
Not everyone can resist a great deal when they see it. However, when one is put right in front of our face, we have a tendency to not believe it. It’s out of human instinct that something inside of us needs reassurance. It’s those of us who read more
Why Mortgage Pre-Approval is a Must for First Time Home Buyers in…
Illinois Mortgage Rates and News | March 25th 2008 by Peter Thompson
Here in the Chicago area we are starting to see the first signs of Spring. The days are getting longer, the air is warmer (for today, anyways), and people seem to be smiling more. For those of us in the real estate and mortgage fields, one of the maj read more
Why FHA May be the Best Option for Chicago Area Home Buyers – E…
Illinois Mortgage Rates and News | March 19th 2008 by Peter Thompson
Not so long ago, FHA loans were the red-headed step child in the housing market. They didn’t get any respect. That wasn’t always the case. Back in the old days FHA loans were the only option for most first time home buyers or others who h read more
First Time Home Buyers Share Their Home Buying Experience
Columbia South Carolina Real Estate | March 13th 2008 by David Patterson
Rebecca Levinson is a Corporate Blogger and Community Leader with Connect2Agent in Lake Geneva, Wisconsin. She has been nice enough to honor me with being a Guest Contributor of The Patterson Files. Earlier this week, Rebecca sent me an email to anno read more
When Does it Make Sense to Take Out an ARM? – Four Good Reasons…
Illinois Mortgage Rates and News | February 28th 2008 by Peter Thompson
With the rates on fixed rate mortgages moving higher over the last few weeks, adjustable rate mortgages (ARMs) are suddenly popular again. Right now there is a huge spread between the rate on a 30 year fixed rate mortgage, and a 5-1 ARM, which is fix read more
Here's A Great Television Show for First Time Home Buyers
Columbia South Carolina Real Estate | February 22nd 2008 by David Patterson
First time home buyers are always looking for help in understanding the home buying process. Wouldn't be nice to have a television show that represents the real estate transaction in a realistic light? Well....TLC could have another hit show on their read more
Great Expectations from a Short Sale
Metrowest Blotter | February 20th 2008 by Ed Daniels
A friend of mine called today to tell me about an upcoming offer they were going to make on a Short Sale property. I wished them great success, but there was a lot to prep them for! They are a young family who are First Time Home Buyers. This m read more
Tax Benefits Make Real Estate a Smart Investment for Chicago Area…
Illinois Mortgage Rates and News | February 20th 2008 by Peter Thompson
Have you filed your taxes yet? Are you writing out a check to the IRS, or getting less of a refund than you expected? If you are still renting, you are probably paying more in taxes than you should. In previous posts I’ve gone over other financ read more
First Time Home Buyers Should Know About Agency Agreements
Columbia South Carolina Real Estate | February 19th 2008 by David Patterson
This is the final installment in my series on Columbia SC real estate agency laws.Here's a summary of the past articles.......Part One - Discussing agency relationships with real estate licensees (agents) and defining your business relationship with read more
For First Time Home Buyers - Renting is Dating, Buying a Home is…
Illinois Mortgage Rates and News | February 13th 2008 by Peter Thompson
It’s all about commitment. If you are a first time home buyer - that is, if you are thinking about becoming a first time home buyer but you are renting now - this is a big step. You probably have some serious commitment issues. Renting is a ca read more
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