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So real estate wisdom tells us that spring and summer are the prime seasons for house hunting and moving. People are more likely to get out and shop when the weather is nice. It is a more pleasant time of year, and sellers know their yards look better when not covered in snow. Yet there are some very logical and compelling reasons for going shopping for a house and moving in the winter as well. As we know, moving and real estate often go hand in hand, and though we'd like to dictate when we move and when we buy a house, very often other circumstances can emerge and force us to sell, buy and move anytime of year. But having to buy a house in the winter is not the worst thing that can happen. In fact, here are some advantages that show how you could benefit from house hunting in the winter. Fewer Buyers to Compete With The most obvious plus of buying and moving in winter is exactly because real estate wisdom says to shop spring and summer

Private Mortgage Insurance-Breaking it down

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What is PMI? Breaking it down Like many terms in the real estate industry, it can be hard to really get a handle on what a term like "PMI" means, but we’re breaking down the facts behind PMI once and for all. Read on to see what it actually means, how it works, and why it may have gotten a bad rap. So, what exactly is PMI? “PMI” stands for Private Mortgage Insurance. These days, it’s common for lenders to require it in order to be approved for a mortgage if you plan on putting less than 20% down on the home. Since buyers who make lower down payments have less automatic equity in the home, they’re considered a bigger risk. Therefore, banks require these buyers to take out a mortgage insurance policy for their protection. These policies shield the bank against loss in the event that the buyer stops making mortgage payments. And, if the buyer defaults on the loan, they have the ability to recoup their investment through the policy. It’s important to note, howeve
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ALL IN ONE SOLUTION Does the thought of a 30 year mortgage pain you? Looking to pay off your mortgage faster? Are you saving cash for a rainy day (while carrying balances on your credit cards)? Wouldn't it be nice to have constant access to your home's equity (at current market value) for emergencies or strategic investments/purchases? Do you have positive cash flow monthly? If the answers are all YES-we've got the BEST mortgage product on the market! What is 'All-In-One Mortgage' An all-in-one mortgage is a loan that allows depositors to reduce the amount of interest paid on their mortgage while granting access to any equity that has built up in the property. BREAKING DOWN 'All-In-One Mortgage' The all-in-one mortgage works much like an offset mortgage or home equity line of credit (HELOC). Any deposits made into the savings portion are applied towards paying down the mortgage while still remaining accessible for withdrawal. This type of mort
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On the fence about buying now vs waiting a bit? Here is a helpful analysis we put together so you can see what it costs you to wait! If you need specific advice or guidance (or would like custom numbers), we'd be happy to help.

FSBO vs Realtor

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In 2018 only 8% of real estate sales were FSBO's! Ever wonder why? Well...according to research these are the most difficult tasks for sellers: Getting the price right Understanding the paperwork Selling within the planned amount of time Having enough time to devote to the aspects of the sale Use a Realtor! 

USDA

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Why you should go for the RD/USDA loan if you qualify!  There are many mortgage options available but among the absolute best is the USDA/RD zero down mortgage! Why is it so great? Let me count the ways! Zero down payment Very low mortgage insurance (among the lowest) Can roll in closing costs if property appraises for higher than purchase price But is it right for YOU? It may be! There are rules to qualify for this mortgage option! There are a few key areas that your loan originator will fully examine. A few key factors will be: The location of the property  Total household income  Credit profile Interest in finding out if you qualify for the Zero Down USDA/RD mortgage? Call/Text/Email us for more info! We'll do a free 10 minute preapproval for you!  Already qualified with another lender? Let us give you a quote for side by side comparison of costs/fees! (*bet we beat em*)

Lets Talk Money

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Costs Before Closing There are some items that are required prior to closing. These are the most common items that are paid for before closing and a rough idea of what they cost: Earnest Money Deposit -your realtor will request this as an enticement for the seller to accept your offer and take the home off the market. Good news-this is considered part of your down payment and will lower you overall cash due at the closing table TYPICALLY $500+ Home Inspection -again, your realtor will give a recommendation for a good local inspector if you need one. A home inspection is NOT required, but is recommended (would you buy a used car without taking it to the mechanic first?) TYPICALLY $300+ Appraisal -this 40+ page report is required to determine the value of the home. Good news-this is considered part of the closing costs and after it is paid for will lower your overall cash due at the closing table TYPICALLY $500+ HomeBuyer Education -depending on the type of loan you are ge