by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. More often than not, your agent may have made your offer contingent on a clean home inspection.This contingency allows you to renegotiate the price paid for...
by Brent Knapp | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
Highlights:45 million existing homes were sold in 2016! This is the highest mark set since 2006.Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.The median price of homes sold in December was...
by Brent Knapp | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
According to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed.The report found that “making monthly house payments on a median-priced home — including mortgage, property...
by Brent Knapp | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history!The interest rate you secure when buying a home not only greatly impacts...
by Brent Knapp | First Time Home Buyers, For Buyers, Move-Up Buyers
There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as...
by Brent Knapp | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
Some industry experts are saying that the housing market may be heading for a slowdown in 2017 based on rising home prices and a jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National...
![Sales at Highest Pace in 10 Years! [INFOGRAPHIC]](https://assurancehomeloans.us/wp-content/uploads/2017/01/20170127-Highest-Sales-STM-1080x675.jpg)
