Tag: buyers

Understanding VA Loans: A Veteran’s Path to Affordable Homeownership

Discover how VA home loans help veterans and active military buy a home with no down payment, no PMI, and low rates. Learn the benefits, potential drawbacks, and how Adam Timothy Group gives back with a 10% commission rebate.

Tesla’s Layoffs in Austin: A Minor (yet painful to many) Ripple in a Strong Economic Pond

While the layoffs at Tesla are undoubtedly challenging for those directly impacted, the broader perspective is that Austin’s economy, bolstered by the economic strength of Texas, remains strong and well-positioned for the future. This event, though noteworthy, is just a minor ripple in Austin’s thriving economic pond.

Unlocking the Potential of Seller and Lender Funded Incentives for Home Buyers

In a competitive real estate market, distinguishing your property from others is crucial. As outlined by New American Funding, offering incentives can significantly enhance your home’s appeal, making it more attractive to potential buyers . These incentives can range from covering closing costs to providing upgrades or repairs, all aimed at making the buying process more appealing and less burdensome for the purchaser.

UNDERSTANDING THE TITLE COMMITMENT

Understanding the Title COMMITMENT Understanding the Title Commitment Process: Sections A-D Explained

78751 Housing Market Forecast: Navigating Post-Pandemic Realignment and Predicting the New ‘Normal’

The COVID-19 pandemic reshaped the housing market in the 78751 area, as with all markets. This is challenging the concept of a ‘normal’ market. This post offers a calculated perspective on what normalcy might look like in a post-pandemic world.Using FHFA data and the House Price Calculator to project future trends, comparing current market prices with calculated ‘normal’ values and forecasting the trajectory for 2024.

Smart Savings: Understanding Permanent and Temporary Mortgage Buydowns

A rate buydown is an arrangement in which a borrower pays an upfront fee to the lender in exchange for a reduced interest rate on their mortgage, either for a specific period (temporary buydown) or for the life of the loan (permanent buydown). This can make the loan more affordable in the long run by lowering monthly payments.

Why Buying or Selling a Home Helps the Economy and Your Community

Each and every home sale is important for the local economy. If you’re ready to move, let’s connect. It won’t just change your life – it’ll also have a strong positive effect on the whole community.

What You Should Know About Closing Costs

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.

How Experts Can Help Close the Gap in Today’s Homeownership Rate

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts.

You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]

Some Highlights

• Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
• And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.