Buying Process

Nov. 22, 2011

The Best Way Home

"It's not far, if you know the way." Maybe it is an obvious statement but there are some definite steps that will improve your success in buying a home in today's market.

  1. Know you credit score - the best mortgage rates are available to borrowers with the …
View More
Oct. 25, 2011

Yours or Theirs

It takes money to buy a home: yours or theirs. If you're not going to pay cash for a home, you need to find out exactly what you can borrow and what it will cost before you start looking at homes.

The mortgage process is not as clear …

View More
Oct. 10, 2011

You Must Be This Tall to Ride

posted by HiltonHeadRealtySales.com

Do you remember going to the State Fair or Six Flags as a child? There was a terrific ride your older siblings were going on but there, at the entrance gate, was a sign that read "You must be this tall to ride."

After …

View More
Sept. 26, 2011

7 Reasons for FHA Assumptions

FHA loans that originated with lower interest rates have great advantages for buyers and sellers.

  1. Interest rate won't change for qualified buyer
  2. Lower interest rate means lower payments
  3. Lower closing costs than originating a new mortgage
  4. Easier to qualify for an assumption than a …
View More
Sept. 6, 2011

Competing with Cash

It's not fair! 29% of all sales made in June and July 2011 were cash. How does a buyer who needs a mortgage compete with a cash buyer?

You've been looking for a home for months after thinking about it for years. You've found the home you want …

View More
Aug. 16, 2011

Demystifying The Short Sale Process

This article is from Realtor.com, published August 15, 2011.

These days it seems like everyone is talking about short sales. Buyers are often interested in them because of the potential for buying a property that is at a good price but a short sale is often a lot …

View More
Posted in Buying Process
Aug. 15, 2011

More To Sell

If you had a 3.5% mortgage on your current home and were buying another home, transferring your low interest rate mortgage would be ideal. Unfortunately, lenders don't allow that.

When buying a home today, it would be smart to think about selling it in the future. To have …

View More
Aug. 1, 2011

Woulda - Coulda- Shoulda

 

It is the mantra of people who missed a great deal. It's the theme song of the procrastinator. It's the refrain that reminds us of the one that got away.

Some people are still beating themselves up because they didn't recognize the housing bubble was really …

View More
July 18, 2011

I Want a Bigger/Nicer Home but...

There are homeowners that would like to have a larger/nicer home but are patiently waiting for the market to improve. A frequently heard objection is that they can't sell their home for what it is currently worth.

Buying up in a down market is actually advantageous because while …

View More
July 5, 2011

"I Do" Want a Home

Forget Macy's and Crate & Barrel. Set up your bridal registry at the bank and use the funds for the FHA down payment on a home. This could be perfect for people getting married who already have their household items and really need help getting into a home.

View More