Category : First time home buyer

We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and […]

by Hilton Head Real Estate Partners August 31, 2016 0 comments

Summer is here! The temperature isn’t the only thing heating up right now, so too is the housing market in many areas of the country! Here are four great reasons to consider buying a home today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have […]

by Hilton Head Real Estate Partners July 07, 2016 0 comments

This is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as they presented their answer to this question at the 50th Annual Real Estate Journalism Conference for the National Association of Real Estate Editors. Here are […]

by Hilton Head Real Estate Partners June 22, 2016 0 comments

  In many markets across the country, the amount of buyers searching for their dream home greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or […]

by Hilton Head Real Estate Partners June 14, 2016 0 comments

Every three years the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400). In a Forbes article the National Association of Realtors’ (NAR) Chief Economist Lawrence Yun […]

by Hilton Head Real Estate Partners February 23, 2016 0 comments

   Ever Wondered What do You Actually Need to Get a Mortgage? Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways to help you figure […]

by Hilton Head Real Estate Partners January 24, 2016 0 comments

Six New Year’s Resolutions for Prospective Homebuyers FreddieMac had some great suggestions on a few resolutions to make if you want to be a homebuyer in 2016. It is important to remember: it isn’t too late for a few resolutions! Get your financial house in order: And that starts with credit. Good credit is key […]

by Hilton Head Real Estate Partners January 12, 2016 0 comments

Consider Cost v. Price As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As a buyer, you must consider cost not just price. That means you need to be concerned not about price but instead about the ‘long term cost’ of […]

by Hilton Head Real Estate Partners December 15, 2015 0 comments

Don’t Wait – Buy Now Buy now to keep costs down on the house of your dreams. As you can see each state is appreciating at different rates. South Carolina is appreciating at one of the highest rates in the States year-over-year. Waiting for that right moment may wind up costing you more than you […]

by Hilton Head Real Estate Partners December 01, 2015 0 comments

The days of having to put 20% down are gone! There are a variety of borrowing options, some begin with as little as 3% down. If you want to own your own home, now is as good a time as any to jump into the market! In September: 70% of first-time buyer loans had down […]

by Hilton Head Real Estate Partners November 20, 2015 0 comments
Translate »