The risks of zero-down loans in this market: Is this 2008 all over again?

It’s baaaaaaaaaaack…. With Bank of America recently announcing their loan option for lower-income households that requires no down payment, no closing costs, and doesn’t base the loan on a minimum FICO score, you might be wondering if this is 2008 all over again.  Can we really be repeating these kinds of loans and promoting homeownershipContinue reading “The risks of zero-down loans in this market: Is this 2008 all over again?”

Homebuyers Guide: Tips For Getting Started With Your Search

Ok, this is a longer article than usual but only because it is SOOO important. There is a method to the madness of beginning your home purchase. After all, buying a home for the first time can be life-changing.  It’s a major investment, a major commitment, and oftentimes the start of a whole new phaseContinue reading “Homebuyers Guide: Tips For Getting Started With Your Search”

Why Won’t My House Sell?

Sometimes homes just won’t sell – but why? Here are some top reasons that could explain everything. Pricing: The price is too high; this is by far the most common reason that a home is not selling in this market. Rarely if ever are we seeing a lack of demand – meaning sellers are enjoyingContinue reading “Why Won’t My House Sell?”

OMG! My Appraisal Came in Low! What Now?

You’ve gotten the home under contract, you’ve negotiated inspections, you’ve started to call movers and plan for your next phase when all of a sudden a terrible wrench is thrown into your transaction that causes heart palpitations: “The appraisal came in low” Now to everyone out there who just read that last sentence and thinkContinue reading “OMG! My Appraisal Came in Low! What Now?”