FHA Loan Requirements
October 02, 2020
Important FHA Guidelines for BorrowersThe FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories. It is the largest insurer of residential mortgages in the world, insuring tens of millions of properties since 1934 when it was created....
Can you get down payment assistance during COVID-19?
October 02, 2020
Buying your first house during COVID-19 is still possibleMortgage rates may have hit an all-time low, but that doesn’t mean the purchase process has gotten any easier for first time home buyers.The pandemic has forced interest rates down in recent months, but it also drove millions of layoffs and reduced hours. This makes it more difficult for ...
Where Are Home Values Headed Over the Next 12 Months?
September 29, 2020
Where Are Home Values Headed Over the Next 12 Months?As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, ...
HUD FHA 203b with repair escrow
September 26, 2020
The HUD REO FHA203B escrow repair financing availability is for all HUD foreclosures for owner occupants with repairs $10,000 or below. This loan is designed to be able to obtain a HUD foreclosure with minimal down payment. The minimum down payment in most states required for the HUD FHA 203B escrow repair loan is only $100 and you ...
4 Easy Staging Tips You Haven’t Thought About
September 24, 2020
by Liz DominguezSelling can be overwhelming. You're packing everything up, trying to make the house look pristine when all around you is what feels like chaos. Since buyers want that great first impression, you know it's important to declutter—often that means cleaning until your home looks like it's never been lived in. And while ...
Where Home Flippers’ Profits Are Rising the Most
September 18, 2020
September 18, 2020SOURCE: ATTOM Data Solutionshttps://magazine.realtor/daily-news/2020/09/18/where-home-flippers-profits-are-rising-the-mostFewer investors are flipping homes, but those still active in the market are earning higher profits. Typical investment returns rose to the highest level since late 2018 for housing flips, according to ATTOM Data Solutions’ latest 2020 U.S. Home Flipping Report.The gross profit on the typical home flip nationwide—which is ...
Low Inventory Impacts Housing Market this Fall
September 17, 2020
Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but there ...
Buying A Home The Most Affordable Since 2016: Low Mortgage Rates Give You Purchasing Power
September 17, 2020
Natalie Campisi On March 19, the average rate for the benchmark 30-year fixed rate mortgage spiked to 3.65%, nearly the highest level in a year. Since then, rates have steadily fallen—breaking records on their way down and making home loans cheaper. The drop in rates has been a boon to buyers who are facing rising home prices ...
4 easy things to do to prepare your home for fall weather!
September 17, 2020
Clean out your gutters, the leaves on trees will be falling soon and filling up those gutters fast, get them cleaned out so water can run properly away from the home. Now is a good time to clean out your dryer vent. As less humid weather moves in the likelihood for home fires rises. Cleaning out your dryer ...
Realtors!! CHANGES in your 2020 Tax Deductions Cut Your Taxes and Give Yourself a Raise in 2020!
September 16, 2020
* Why your accountant can™t "just take" the new deductions for you.* HOW to navigate the NEW 20% 199A DEDUCTION designed for Self-Employed Professionals and worth up to $63,000!* WHY you may want to buy a new or pre-owned car sooner than you think…the great 2020 “makeover” of the CAR DEDUCTION rules you will want ...
How to Motivate Your Children During Remote Learning
September 15, 2020
As many schools have closed due to COVID-19, the majority of children are learning remotely. Motivating your children during remote learning is central to their success. Motivation means ensuring they are interested, involved and confident in their learning. As a parent, you have an important role to play by providing your children with encouragement and feedback. ...
Knowledge Of Loan Processing
September 15, 2020
Knowing your buyer's loan process is an important key role in guiding your buyer through their home buying journey. It can help keep them on tract and prepared to have a smooth and wonderful buying experience. Real Estate Agents should keep a good relationship with local lenders to stay on top of any changes with advantages/disadvantages, ...
Why isn't my home selling!
September 15, 2020
2020 has been a tough year. Even though we've had many struggles, we hear on the news and read in the paper that the real estate market is hot! You may ask, “If we’re currently in a strong real estate market, why has my home not sold?” Here are a few ...
Fees to Consider When Purchasing a Home
September 15, 2020
Purchasing a home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will likely be other costs associated with your purchase than the price of the home. Here are 5 fees to keep in mind as you begin to budget.Home inspection. This is a ...
What Does Contingent Mean in Home Sales
September 15, 2020
Understand What Contingent Means in Real EstateHave you heard the term "contingent" when buying or selling a home and wondered what it meant? When you sell your home, you will find the word contingent cropping up time and time again. It can be used when talking about financing, offers, appraisals, and more. But what does contingent mean, and ...
Real Estate Acronyms: Cheat Sheet for Home Buyers
September 15, 2020
Acronyms are tossed around like crazy in the real estate world, which can be confusing to even the most veteran home buyers. But don’t worry — it doesn’t take long to learn the language.Here’s a quick list of the most widely used home buying acronyms and what they actually mean. Of course, if you’d ...
Fall Grass Tips
September 14, 2020
Treat your turfgrass properly now and it will come up greener and brighter next spring After tending to your lawn all summer, you’re ready for a break. But before the grass goes dormant, tackle these essential autumn tasks so that it will come back green and lush in the spring.From the lawn experts at Consumer Reports, these ...
Questions to Ask When Choosing a Lender
September 14, 2020
Loan terms, rates, and products can vary significantly from one company to the next. When shopping around, these are a few things you should ask about.General questions:What are the most popular mortgages you offer? Why are they so popular?Are your rates, terms, fees, and closing costs negotiable?Do you offer discounts for inspections, home ownership classes, or ...
Fall Maintenance Checkups
September 14, 2020
It's that time of year again! Here is a link to 4 September home maintenance projects/checkups to prepare for winter! https://www.houselogic.com/organize-maintain/home-maintenance-tips/september-home-maintenance-plan/...
How to Choose a Reputable Moving Company
September 11, 2020
We know it’s challenging to find a reliable mover. The following advice will help you choose a reputable moving company once and for all. Moving is one of the more stressful life experiences we all go through. Unfortunately, picking the wrong movers can make a challenging time even more horrific. If you’re like us, you’ve ...
Easley SC Could Grow by 10%
September 11, 2020
NEWSEasley's population could grow by 10 percent in the coming yearsMike EllisThe Greenville NewsView CommentsAD0:21 Easley is going through its biggest boom in years, and new housing permitted or planned since the start of last year could add 10 percent to the population of the city.Easley, with a population of 21,000, has 1,039 housing ...
How Clean Should My House Be When I Move Out?
September 11, 2020
Home sellers may sometimes be confused as to how clean they should leave the home they have just moved out of. Do you leave any dirt on the floor for the buyer or do you mop and leave it sparkling clean? Most real estate agents are going to recommend cleaning the best you can (and NOT leaving ...
Selling your home during COVD
September 10, 2020
As people learn to adapt to this what we hope is temporary lifestyle, there are some important questions to ask when interviewing listing agents. Consider asking not only how long the agent has been in the business but are they adapting their business practices and marketing to adjust for the needs of COVID or are they doing the same ...
Fall Decorating During a Pandemic
September 10, 2020
Fall Decorating During a PandemicThere is something about decorating for fall that gives me the warm fuzzies! It may be the promise of cool, crisp evenings with brilliant sunsets, or the fact that fall decorating is all about creating a cozy atmosphere in your home. The fun thing about fall decorating is that it’s easy and inexpensive. Here ...
5 Design Trends Emerging During the Pandemic
September 09, 2020
5 Design Trends Emerging During the Pandemic Credit goes to Melissa Dittmann Tracey....
