How Much Do You Need for Your Down Payment?

Written by Fort Myers Mortgage Syndicated User on January 3, 2022. Posted in Buying Myths, Down Payments, For Buyers, Fort Myers Mortgage, Mortgage Fort Myers.

As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a common misconception. Freddie Mac says: “The most damaging down payment myth—since it stops the homebuying process before it can start—is the belief that 20% is necessary.” Unless specified by your loan type or lender, it’s typically not required to put 20% down. According to the Profile of Home Buyers and Sellers from the National...

Here’s to a Wonderful 2022!

Written by Fort Myers Mortgage Syndicated User on December 31, 2021. Posted in Fort Myers Mortgage, Holidays, Mortgage Fort Myers, Time-sensitive, Uncategorized.

Content previously posted on Keeping Current Matters

Florida Mortgage | Why You Shouldn’t Sell Your House on Your Own

Written by Fort Myers Mortgage Syndicated User on December 31, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Florida Mortgage | Why You Shouldn’t Sell Your House on Your Own | There’s more to selling your house than putting up a For Sale sign. Let’s connect so you have an expert on your side when you’re ready to sell. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Why Selling Your House with a Real Estate Professional Is Essential

Written by Fort Myers Mortgage Syndicated User on December 30, 2021. Posted in For Sellers, Fort Myers Mortgage, FSBOs, Mortgage Fort Myers, Selling Myths.

Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The 2021 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR) surveys homeowners who recently sold their house on their own and asks what difficulties they faced. Those sellers say some of the biggest headaches are prepping their house for sale, pricing it right, and handling the required paperwork. Working with an agent is the best way...

Expert Insights on the 2022 Housing Market

Written by Fort Myers Mortgage Syndicated User on December 29, 2021. Posted in For Buyers, For Sellers, Fort Myers Mortgage, Housing Market Updates, Interest Rates, Mortgage Fort Myers, Pricing.

As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in 2022. Odeta Kushi, Deputy Chief Economist, First American: “Consensus forecasts put rates at about 3.7% by the end of next year. So, that’s still historically low, but certainly higher than they are today.” Danielle Hale, Chief Economist, realtor.com: “Affordability will increasingly be a challenge...

5 Tips for Making Your Best Offer on a Home

Written by Fort Myers Mortgage Syndicated User on December 28, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Fort Myers Mortgage, Mortgage Fort Myers, Move-Up Buyers.

As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition. 1. Know Your Budget Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it: “This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.” Showing...

Key Things To Avoid After Applying for a Mortgage

Written by Fort Myers Mortgage Syndicated User on December 27, 2021. Posted in Buying Myths, For Buyers, Fort Myers Mortgage, Mortgage Fort Myers.

Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close. It’s exciting to start thinking about moving in and decorating your new place, but before you make any large purchases, move your money around, or make any major life changes, be sure to consult your lender – someone who’s qualified to explain how your financial decisions may impact your home loan. Here’s a list of things you shouldn’t do after applying for a mortgage. They’re all important to know – or simply just good reminders – for the process. 1. Don’t Deposit Cash...

Thank You for All of Your Support

Written by Fort Myers Mortgage Syndicated User on December 24, 2021. Posted in Fort Myers Mortgage, Holidays, Mortgage Fort Myers, Time-sensitive, Uncategorized.

Content previously posted on Keeping Current Matters

Florida Mortgage | Your House Could Be the Gift That Keeps Giving This Holiday Season

Written by Fort Myers Mortgage Syndicated User on December 24, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Florida Mortgage | Your House Could Be the Gift That Keeps Giving This Holiday Season. Many buyers are searching for a home right now, but there aren’t enough for sale. Let’s connect to start the process of selling your home this winter. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

When a House Becomes a Home

Written by Fort Myers Mortgage Syndicated User on December 23, 2021. Posted in First Time Home Buyers, For Buyers, Fort Myers Mortgage, Mortgage Fort Myers, Move-Up Buyers.

It’s clear that owning a home makes financial sense. But lately, the emotional side of what drives homeownership is becoming increasingly important. No matter the living space, the feeling of a home means different things to different people. Whether it’s a familiar scent or a favorite chair, the feel-good connections to our own homes can be more important to us than the financial ones. Here are some of the reasons why. 1. Owning your home is an accomplishment worth celebrating You’ve put in a lot of work to achieve the dream of homeownership, and whether it’s your first home or your fifth,...

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