“so the client has 3 percent equity immediately…” Quicken Loans has been fairly hush about its latest offering of a super low down payment mortgage, even as rival bank giants like Bank of America, Wells Fargo, and JPMorgan Chase all tout their new 3 percent down mortgage products. But late last year, Quicken Loans quietly […]
“a down payment is often the largest single payment a consumer makes in their lifetime…” Saving for a down payment can pose one of the biggest challenges for potential home buyers. Indeed, “a down payment is often the largest single payment a consumer makes in their lifetime and saving for it isn’t easy,” says Corey […]
Many Renters Can Afford To Buy A Home, They Just Don’t Realize It Yet … Do I need a lot of cash to buy a home? No, there are low cash required options available. Won’t my monthly payment be more than I can afford? There are loan choices that offer lower payments and qualifying for […]
Welcome to this months market report, Lake Orion Community Homes – Real Estate Update – September / October 2015. Sales figures for the last 52 days are mixed. The good news for sellers: average sale prices are up 5% over this time last year, $223,212 vs $212,992. The good news for buyers: total homes sold […]
So you want to buy a house! But first you need a car. And you want to get married in a big wedding, and then have some babies. Don’t forget their college education, and your master’s degree, and the looming specter of retirement. Life often feels like a series of savings goals. Once you’ve paid off your […]
Rising home prices, demand from home buyers, and less competition is making 2015 a stellar year to sell for many U.S. home owners across the country. These three factors are behind why this year is shaping up more favorably for sellers: 1. Stronger demand coming from buyers: Sellers in many markets are seeing stronger demand […]
Lapeer Michigan, Real Estate Market Report, 07/22/2015 …This report covers the last 45 days. 1) 6 months of available inventory 2) 18 homes sold, up 6% 3) average sales price, $144,000.00 4) average days on market, 32 days 5) 106 homes on the market Search below to compare current homes for sale to yours. 6) […]
Buying vs renting, build your own equity not your landlords … If you are renting, buying a home could very well be a financial move that benefits you in the long run, as you pay your own mortgage and build equity instead of paying your landlords mortgage. What is your monthly rental payment? $450, $500, […]
Fear Is Holding Many Buyers Back, according to Wells Fargo, their newly released survey is covered in this article dated 09/15/2014 from RealtorMag… Nearly two-thirds of Americans recently surveyed say they believed a stellar credit score was necessary to purchase a home, and more than 40 percent said they needed a down payment equal to or […]