Buying a home is an exciting adventure that may also become a stressful life event, especially when delays throw plans off track. Follow these simple tips to avoid unnecessary delays and keep your purchase on schedule to ensure that you get into your dream home – on time!
Read More “Six Tips for a Smooth Closing”
A VA loan is a type of mortgage backed by the U.S. Department of Veterans Affairs and is available to current service members, veterans and eligible surviving spouses. VA loans offer several advantages, including no private mortgage insurance (PMI) and no down payment required. When qualifying for a VA purchase or refinance, you need to meet certain minimum residual income requirements based on your requested loan amount, where you will be buying, and how many people will live in the home. Here’s how it works: Read More “Understanding Residual Income for VA Loans”
As you work through the homebuying and loan application process, be aware that large financial transactions, such as a home purchase, can make you a target for fraud. It’s important to know how to protect yourself against identity theft and other types of fraud. Scammers may pose as third-party companies and attempt to appear as though they are involved with your transaction. Here are some recommendations to keep your information safe when transferring funds for a large real estate purchase: Read More “Important Tips To Avoid Wire Transfer Fraud”
As the U.S. economy continues to show signs of recovery and improvement, it’s no surprise that buyers from outside the country are increasingly eyeing U.S. real estate as a good investment. Real estate is a tangible asset that may increase in value over time and can provide a positive rate of return with less volatility than the stock market. There are potential tax advantages as well. Whether you are a professional relocating for work, an international investor, or a first generation immigrant living in the U.S., there are home purchase and financing options available to resident and non-resident buyers. Here’s some insight into the basics – from the home search to securing financing:
Read More “What International Buyers Need to Know About U.S. Real Estate”
Is a real estate bubble to blame for sudden drops in the stock market? Does stock market volatility indicate that a housing crash and recession are imminent? Probably not. Although there are some correlations between stock market activity and the health of the housing market, there isn’t a direct, consistent cause and effect relationship between the two. There are always other factors at work that help to complete the big picture. Here’s some insight into how rates, the housing market and the stock market are intertwined, but still need to be considered separately. Read More “What Does Stock Market Volatility Mean for the Housing Market?”