Month: January 2017
Why Getting Pre-Approved Should Be Your First Step
Why Getting Pre-Approved Should Be Your First Step – David Reecher In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes... Read More
The Dangers of “Tight Mortgage Credit” Headlines
The Dangers of “Tight Mortgage Credit” Headlines – David Reecher The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good... Read More
Why Is There So Much Paperwork to Sign to Get a Mortgage?
Why Is There So Much Paperwork to Sign to Get a Mortgage? – David Reecher We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a hom... Read More
How Supply & Demand Impacts the Real Estate Market
How Supply & Demand Impacts the Real Estate Market – David Reecher The concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low &... Read More
Why Are Mortgage Interest Rates Increasing?
Why Are Mortgage Interest Rates Increasing? – David Reecher According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% l... Read More
Do Certain Times of The Year Offer Better Buying Opportunities?
Did you know the late fall and winter months can be the best times to buy a house – that is if you are looking for the best price to value ratio. The reason is because there are less buyers look... Read More
Absolute Auction
Absolute Auction – David Reecher A type of auction where the sale is awarded to the highest bidder. Absolute auctions do not have a reserve price which sets a minimum required bid for the item t... Read More
It’s Not Always Marriage Before Mortgage
It’s Not Always Marriage Before Mortgage – David Reecher There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonde... Read More