FHA and VA loans are essential to first-time buyers, who account for about four out of every five FHA purchase loans. However, in today’s market, sellers are quick to dismiss offers that come with this type of financing. Here’s why. Continue reading
Self-employment has advantages, notably the home office deduction and eliminating commute time. Getting a mortgage, however, is not one of them. Here are a few tips that address the newly stiffened requirements for approval. Continue reading
From where we stand now, the future of the real estate market looks challenging. If you’re grappling with the rapid change, here are a few things you can do to prepare for future market shifts. Continue reading
There’s a wealth of low down payment options for millennials and first-time homebuyers if you know your clients and where to look. Here’s how to guide them through the plethora of options available to them. Continue reading
If you have clients who are struggling to get their finances in line while preparing to buy a home, here is some advice you can give them to help get their credit scores in good shape and keep them healthy moving forward. Continue reading
Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading
Higher down payments, coupled with poor savings habits, are making it very hard for millions of first-time buyers to save enough to buy a home. But new research shows that lenders and others might want to rethink the parameters around down payments mad… Continue reading
Here’s a decade-long overview of how the single-family rental business has evolved and the role of institutional investors within the market. Continue reading
A new Apartment List study provides the first hard evidence that large numbers of millennials who would like to become homeowners are so frustrated with soaring home prices and meager supplies that they have changed their minds, at least for now. Continue reading
Even when looking at hard data, you’ll realize there are a million different rationales you can use to convince clients on timing, but it really depends on their circumstances. Continue reading