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FHA Home Loans: How to Pre-apply and Get Approved Before Making a Home Purchase Commitment

by John Evans | Sep 10, 2014 | Home Mortgage Tips

If you’re in the market for your first mortgage, the Federal Housing Administration may be able to help you. Thanks to the FHA home loan program, you can apply for loan approval before you’ve found a home that you want to buy – which means you know...

Buying Land to Build a New Home On? Don’t Forget These Three Important Considerations

by John Evans | Sep 9, 2014 | Home Buyer Tips

When most people talk about real estate, they envision buying an already-built house on already-landscaped property. However, buying vacant land and building a new home is a great way to ensure that you get the home that you want in the location that you want....

What’s Ahead For Mortgage Rates This Week – Sept 8, 2014

by John Evans | Sep 8, 2014 | Market Outlook

Last week’s housing-related economic news was slim, likely due to the Labor Day holiday Monday. On Tuesday, the U.S. Commerce Department reported that construction spending for July increased by 1.80 percent as compared to June’s revised reading of 1.0...

You Ask, We Answer: Understanding the Real Estate ‘Short Sale’ and How This Process Works

by John Evans | Sep 5, 2014 | Home Selling Tips

A short sale is something that occurs when a homeowner is not able to make the mortgage payments on time due to a financial hardship. Instead of foreclosing on the property after one or more missed payments, the bank may agree to allow the homeowner to turn the home...

Children Leaving the Nest? 3 Pieces of Sage Advice You Can Share About How to Manage a Mortgage

by John Evans | Sep 4, 2014 | Home Mortgage Tips

When your children are about to step out into the world on their own, you want to help them on their way. This especially holds true when it comes to buying a house. As your sons or daughters prepare to take the plunge into home ownership, make sure they follow three...

Applying for a Mortgage? Three Questions Your Lender Will Ask You – and How to Prepare Your Answers

by John Evans | Sep 3, 2014 | Home Mortgage Tips

Before approving a mortgage, your lender is going to have to do his due diligence to ensure that you can afford a loan large enough to pay for a house. That means your lender will be asking you several questions about whether or not you can afford a mortgage....

What’s Ahead For Mortgage Rates This Week – Sept 2, 2014

by John Evans | Sep 2, 2014 | Market Outlook

Last week’s economic news included several reports related to housing. The Case-Shiller and FHFA reports for June showed a further slowing in home price growth. New home sales for July fell short of the expected reading, but pending home sales exceeded...

Six Key Questions to Ask when Hiring a Real Estate Agent to Market and Sell Your Home

by John Evans | Aug 29, 2014 | Home Seller Tips

The work of a real estate agent can make or break how a prospective buyer feels about the property. Now that it’s time to sell your home, you want to find the right agent to market it. How do you find someone you can trust who will make you feel confident they...

Case-Shiller, FHFA Report Slowing Growth in Home Prices

by John Evans | Aug 28, 2014 | Market Outlook

The Case-Shiller 10 and 20-City Home Price Indices for June reported year-over-year gains of 8.10 percent while the Case-Shiller National Home Price Index covers all nine census regions and reported a year-over-year gain of 6.20 percent. Readings for all three indices...

Refi or Wait? How to Choose Between Refinancing Your Mortgage Now or Waiting Until You Need the Money

by John Evans | Aug 27, 2014 | Home Mortgage Tips

Refinancing your existing mortgage may provide you with the opportunity to lower your interest rate, reduce your mortgage payment and adjust your loan term. For those homeowners who have lived in their home for more than a few years, pulling equity out of the property...
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