What Homebuyers Need to Know About Closing Scams

I love to talk about mortgage loan programs, and how PurchaseOurNewHome.com can direct you to great mortgage professionals who can put you into those mortgage loan programs.  Unfortunately, today I think we should cover a recent scam targeting homebuyers just days before closing on their new home. How do homebuyers get tricked?  Scammers are using…

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January is the New Home Buying Season Opener

Spring starts Home Shopping season, right?  Wrong!  Realtor.com reports January is the new April of  home buying.  Since 2015 people are beginning the home search earlier, with the highest number of 2019 listing views in 1 out of 5 markets. With rising home prices and lower inventories, shoppers are beginning their searches earlier, often using…

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HomeBuying in Winter

If you have held off on buying a home in the hopes that prices will drop, you might consider searching for your next home now.  Realtors remind us that there can be benefits to buying a home in the winter. No one loves sloshing through ice and snow, sleet and slush to check out houses…

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Paying it Forward: Shared Equity Home Purchase Programs

As you consider paying it forward in the season of giving, FannieMae has created a home buying program that does just that.  It is called the Shared Equity Program and it allows borrowers to purchase homes at below market prices.  In exchange, those borrowers must agree to sell the property ONLY to other income-qualified (buyer’s…

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5 Reasons to Buy a Home in November

Motivated sellers = more price reductions.  Statistics show more price reductions on home bought in November and December.  If you are looking for your new home now, you can negotiate with confidence, knowing the statistics will bear you up.  If someone offered a higher price, it would have already sold, unless there was a problem…

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Millennials Are Changing First Time Home Buying

The face of majority home buyers in 2019 is millennial.  Their home buying approach is different than previous generations. Tech and connectivity influences Millennial homebuying decisions.  According to a report by the National Association of Realtors, or NAR,  millennial home buyers are looking for smart home devices, starting with locks, lights, thermostats and more.  The…

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