When it comes to buying a new home, there are two primary options: purchasing a spec home from a builder or custom building your own home. Each approach has its own set of pros and cons, and it's important to carefully consider these factors when deciding which option is right for you. Here's a breakdown of the pros and cons of custom building a house vs. purchasing a spec home from a Continue Reading about CUSTOM BUILD OR SPEC HOUSE?
Did You Know
BUILD ON YOUR LOT
Building on a lot can be an exciting and rewarding process, but it also requires careful planning and preparation. Here are some steps you'll need to take to build on a lot. In conclusion, building on a lot requires careful planning, preparation, and execution. By following these steps and working with qualified professionals throughout the process, you can ensure a successful construction Continue Reading about BUILD ON YOUR LOT
DON’T MAKE THE WRONG IMPROVEMENTS
If you're thinking of selling your home or investment property, you may be considering making some improvements to boost its value and appeal to potential buyers. However, it's essential to carefully consider the potential return on investment (ROI) of any improvements you make, as some upgrades may not provide the desired financial benefit. Here are some factors to consider when evaluating real Continue Reading about DON’T MAKE THE WRONG IMPROVEMENTS
DID YOU KNOW? HOW STUDENT LOANS AFFECT HOME AFFORDABILITY…
Did you know that Student Loan Balances affect your home affordability even if they are deferred? Historically, for some mortgage products, mortgage lenders could overlook deferred student loans on when calculating a mortgage applicant?s debts for determining affordability. Overlooking the debt completely was causing a lot of defaults on Student loans when the loan holder no longer qualified Continue Reading about DID YOU KNOW? HOW STUDENT LOANS AFFECT HOME AFFORDABILITY…
DID YOU KNOW ~ Buyers Get A FREE Agent… By Penny Sheppard
Did you know that utilizing a Buyer Specialist does not increase the sales price of a home or cost you any out of pocket money? ?Most agents act as either a buyers agent or a listing agent. Some agents represent both parties in the sale transaction which are considered ?Dual Agency?* but, that is way more complicated than we need to address here. ?A VERY important reason to utilize a Buyer Continue Reading about DID YOU KNOW ~ Buyers Get A FREE Agent… By Penny Sheppard
DID YOU KNOW WHAT THE DIFFERENCE IS BETWEEN PRE-QUALIFIED AND PRE-APPROVED
Did you know that there is a BIG difference between Pre-Qualified and Pre-Approved? A pre-approval can be CRITICAL in winning the offer in a multiple-bid situation. In this fast-paced housing market, if you like a house, chances are others do too. There are several things buyers can do to improve their chances of having their offer accepted by a seller such as: working with a professional Continue Reading about DID YOU KNOW WHAT THE DIFFERENCE IS BETWEEN PRE-QUALIFIED AND PRE-APPROVED
DID YOU KNOW? Brought to you by Penny Sheppard
Did you know?? Did you know you do not need to save 20% of the purchase price of a house for a down payment in order to be ready to purchase? When a home is purchased, the actual cost to purchase the house is the sale price + the closing costs (closing costs can vary but are in the neighborhood of 3% of the purchase price). Traditional ?Conventional? mortgage loans (the most commonly known) Continue Reading about DID YOU KNOW? Brought to you by Penny Sheppard
