DEBBIE BURNESS REAL ESTATE GROUP
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Category: Uncategorized
Understanding How Lenders Help Homebuyers
Finding your dream home is exciting, but securing the right mortgage is equally crucial for long-term homeownership. This is where a mortgage lender becomes your financial ally. They’ll help you navigate your options and determine how much you can borrow. Now, who exactly is… Continue Reading “Understanding How Lenders Help Homebuyers”
A resource that goes beyond the closing
Buying a home is just the beginning of homeownership and it’s important to have good resources for all the different things that it involves. That is why you’re going to want to keep the communication channels open between you and your agent. Follow your… Continue Reading “A resource that goes beyond the closing”
Pre-approval as a homebuyer’s second step
In today’s challenging real estate market, obtaining mortgage pre-approval is a fundamental step for homebuyers, offering a clear picture of their purchasing power. By first choosing a knowledgeable agent to work with, buyers can benefit from expert guidance in selecting the right lender and… Continue Reading “Pre-approval as a homebuyer’s second step”
The Key Elements of Single-Family Rental Investments
Single-family rentals (SFRs) are established as a compelling investment opportunity in the real estate market, offering a unique blend of stability and growth potential. These standalone residential properties, rented out to tenants, provide investors with a tangible asset that generates steady income while potentially… Continue Reading “The Key Elements of Single-Family Rental Investments”
Avoid additional costs with your buyer’s agent
The real estate landscape is shifting, with new practices like mandatory buyer’s agreements becoming the norm. While these agreements aim to provide clarity and protection, they can also create unexpected complications. Imagine signing a buyer’s agreement with an agent, then stumbling upon your dream… Continue Reading “Avoid additional costs with your buyer’s agent”
Maximizing a Homeowner’s Chance to Sell
Recent policy changes made by the National Association of Realtors (NAR) have shifted the dynamics of buyer’s agent compensation, prompting sellers to reconsider their strategies. Many buyers, especially first-time homebuyers, have limited savings and may struggle to cover additional costs beyond the down payment,… Continue Reading “Maximizing a Homeowner’s Chance to Sell”
VA Allows Buyer-paid Broker Fees
The U.S. Department of Veterans Affairs, known as VA, issued a policy change that now allows payment to buyer brokers on VA loans. They will be subject to certain safeguards, such as the requirement that all buyer-broker fees charged to veterans "must be reasonable… Continue Reading “VA Allows Buyer-paid Broker Fees”
Smart living with home automation
In today’s fast-paced world, home automation is becoming increasingly popular among homeowners seeking to enhance convenience and reduce energy costs. With advancements in technology, smart home devices offer innovative solutions that not only simplify daily tasks but also promote energy efficiency and sustainability. Whether… Continue Reading “Smart living with home automation”
Overwhelming advantages aside, there is still resistance to pre-approval
Pre-approval is a comprehensive process where the lender verifies the buyer’s financial information, including credit history, income, and assets. Pre-approval provides a conditional commitment from the mortgage company to lend a specific amount, pending appraisal of the property. Pre-qualification is an initial assessment based… Continue Reading “Overwhelming advantages aside, there is still resistance to pre-approval”
Addressing the Buyer Agent’s Fee
Traditionally in the U.S. housing market, the seller has offered the buyer’s broker and agent a share in the commission specified in the listing agreement between the seller and the listing broker and agent. In a settlement between the National Association of REALTORS�, beginning… Continue Reading “Addressing the Buyer Agent’s Fee”
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