Home buyers in moderate, high or very high opportunity areas can get up to $50,000 in a forgivable loan to cover their down payment and closing costs to purchase their first home.   The loan is paid off over a span of ten years with one tenth being forgiven every year at the anniversary [...]

The current housing market is one of the most competitive in decades, with record-high prices and record-low inventory.  Houses in our area are currently selling above asking price and sometimes by tens of thousands of dollars and appraisals have been generally bearing out the selling prices with few exceptions. You may find yourself making [...]

What Makes A Buyer A Loser?     Beware the Alien Agent!

Alien:

: belonging or relating to another person, place or thing.  

: relating belonging or owing allegiance to another country or government. 

: differing in nature or character typically to the point of incompatibility.

Check.  Check.  Check. 

 

 

The proliferation of cloud based real [...]

If you’ve applied for a mortgage or a loan using money earned via a side hustle you’ve probably been put through the wringer providing documentation on income and expenses.   According to 2016 Bureau of Labor [...]

In a previous post I wrote about the D.A.N.G.E.R report, D.A.N.G.E.R stands for Definitive Analysis of Negative Game Changers Emerging in Real Estate.  a report commissioned by the National Association of Realtors in 2015.  In the report the authors created an index called a PTI measuring the Probability (P) of the danger to happen, the [...]

You’re smart. You’re doing your research about home buying and homeownership (like you are right now!), so you feel like you’re prepared to avoid common home buying pitfalls. But you’ll soon find that once you’ve moved in, there is a whole new list of common problems that plague unwary first-time [...]