In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get Buyer Credit Approved for a mortgage […]
There’s More to a Bubble Than Rising Home Prices
January 10, 2018 by ·
What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened. “A bubble requires both overvaluation based on fundamentals and speculation. It is natural to focus on an asset’s fundamental value, but the real key […]
Thinking About Buying? Know Your Credit Score
December 20, 2017 by ·
Knowing your credit score or getting a recent copy of your credit report is one of the first steps that you can take toward knowing how ready you are to start the home buying process. Make sure all the information listed on your report is accurate and work to correct any mistakes. The higher your […]
Why Getting Pre-Approved Should Be Your First Step
October 27, 2016 by ·
In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved […]
In a Seller’s Market: Is it Time to Downsize?
June 24, 2016 by ·
A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a recent blog, Dave Ramsey, the […]
You Can Save for a Down Payment Faster Than You Think
April 11, 2016 by ·
In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home. Depending on where you live, median rents, incomes and home prices all vary. By determining the percentage of income a renter spends on housing […]
TRID- What Consumers Need to Know…..
September 30, 2015 by ·
New Federal Home Loan Disclosures start on October 3, 2015 and consumers do need to know what it is all about. Here are a few videos that touch on the new regulations so you can be informed. TRID (TILA / RESPA Integrated Disclosure Rule) requires lenders to create disclosures that provide a clearer understanding of […]
The Doctor Loan is Now at AmeriFirst Financial, Inc.
September 10, 2015 by ·
This is a great new loan program that AmeriFirst Financial, Inc. is offering!
Do You Need A 20% Down Payment?
August 30, 2015 by ·
Saving for a home? Let’s explore another strategy. While it’s great to save up for a large down payment of 20% or more when buying a home, when home prices are on the rise, you never seem to really get that 20% saved. Why not consider using the increase of home values assist you? Owning […]
