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How Do I Buy A House In many markets across the country, the number of buyers searching for their dream homes 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 that you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are not in an incredibly competitive market, understanding your budget will give you the confidence of knowing whether or not your dream home is within your reach. Freddie Mac lays out the advantages of pre-approval in the ‘My Home’ section of their website: “It’s highly recommended that you work with your lender to get pre-approved before you begin house hunting. Pre-approval will tell you how many homes you can afford and can help you move faster, and with greater confidence, in competitive markets.” Read more... For more info visit here: Best real estate agents in Camero...

First Time Home Buyers The top concern for most first-time home buyers is their ability to save for a down payment. According to a new  survey , 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017. Among millennials with incomes over $100,000 a year, the top ways to come up with the necessary funds were to sell stocks (20%) or to sell cryptocurrency (16%). How Do I Buy A House The most popular method of savings was the most traditional; 60% of those saving for a down payment used a percentage of their paychecks to achieve their goal, while 75% of those with salaries over $100k was able to save this way.  Read more... For more info visit here:   Vantage Realty Follow us on:-   Facebook ,  Instagram Read related blogs: 7 Reasons to List Your House For Sale This Holiday Season Females Are Making It a Priority to Invest in Real Estate! Home Sellers in Q3 Netted $61K at Resale Wage Increases Make ...

Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are seven great reasons not to wait: 1.Relocation buyers are out there. Many companies are still hiring throughout the holidays and need their new employees in their new positions as soon as possible. 2. Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now. 3. You can restrict the showings on your home to the times you want it shown. You will remain in control. 4. There is minimal competition for you as a seller right now. Inventory of homes for sale traditionally slows in the late fall, early winter. Let’s take a look at listing inventory as compared to the same time last year:  Read more... For more info visit here:   Vantage Realty Follow us on:-   Facebook ,...

Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing costs. But what are closing costs anyway? According to Trulia : “ Closing costs are lender and third-party fees paid at the closing of a real estate transaction, and they can be financed as part of the deal or be paid upfront. They range from 2% to 5% of the purchase price of a home. (For those who buy a $150,000 home, for example, that would amount to between $3,000 and $7,500 in closing fees.)” Read more… For more info visit here: Vantage Realty Follow us on: - Facebook , Instagram Read related blogs...

First Time Seller Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition! The #1 Reason to List Your Home in the Winter Months is Less Competition! Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. The chart below was created using the months’ supply of listings from the National Association of Realtors. As you can see, the ‘sweet spot’ to list your home for the most exposure naturally occurs in the late fall and winter months (November — February). View Chart… At this time of year, only those purchasers who are serious about buying a home will be in the marketplace. You and your family will not be bothered and inconvenienced by mere ‘lookers.’ The lookers are at the mall or online...

First Time Home Buyer In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy. According to Bank of America’s annual Home Buyer Insights Report, 41% of renters surveyed agree that spring is the best time to buy a home. The surprising result, however, is that when ranking the seasons, winter comes in second at 24%. In many areas of the country, the spring and summer are the most competitive seasons for buyers. Families with children often want to move over the summer to make sure that their kids are ready for school in the fall. This often leads those families who haven’t found homes to buy to push pause on their search in the fall and winter months. Read more… For more info visit here: Vantage Realty Follow us on:- Facebook , Instagram Read related blogs: VA ...

Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation — wages. How much a family earns obviously impacts how easy or difficult it is for them to afford to own a home. Because of an improving economy, wages are finally beginning to increase — and that dramatically affects home affordability. According to the National Association of Realtors’ (NAR) September 2018 Housing Affordability Index, wages have increased in every region of the country: Read more… For more info visit here: Vantage Realty Follow us on: - Facebook , Instagram Read related blogs: VA Home Loans by the Numbers [INFOGRAPHIC] Home Sellers in Q3 Netted $61K at Resale Are Homeowners Renovating to Sell or to Stay? How to Honor a Veteran Today and Everyday Thanks, Steve Mueller