The Dream of Homeownership Is Worth the Effort

Written by Miramar Beach FL Mortgage Syndicated User on May 1, 2022. Posted in First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful that: “Nearly three in four homeowners say they would still buy their current home if they had it to do [sic] all over again.” That means the results – owning a home and the benefits that come with it – outweigh the effort needed to achieve their goal. If you’re a homebuyer, let that provide...

There Are Several Great Reasons To Consider Buying a Condo Today

Written by Miramar Beach FL Mortgage Syndicated User on April 1, 2022. Posted in First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Pricing.

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add Options That Fit Your Budget Supply challenges are a reality across the board in today’s housing market. Broadening your home search to include condos could increase your overall pool of options. Just keep in mind, condos generally differ from single-family homes in average space and floorplans. In a recent article, Bankrate...

The Difference Between Renting and Owning [INFOGRAPHIC]

Written by Miramar Beach FL Mortgage Syndicated User on March 1, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers, Rent vs. Buy.

Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership. Content previously posted on Keeping Current Matters

Why Your Home Inspection Matters [INFOGRAPHIC]

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road. Let’s connect so you have expert advice and a trusted professional who will keep your interests top of mind. Content previously posted on Keeping Current Matters

Owning Is More Affordable than Renting in the Majority of the Country

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Pricing, Rent vs. Buy.

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says: “. . . Owning a median-priced home is more affordable than the average rent on a three-bedroom property in 666, or 58 percent, of the 1,154 U.S. counties analyzed for the report. That means major home ownership expenses consume a smaller portion...

How To Think Strategically as a Buyer in Today’s Market

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game. The homebuying process, like chess, requires strategy and planning. Here are a few things to keep in mind to ensure your plan is as strong as possible when you begin your home search. Pre-Approval: the Best Opening Play To Make as a Homebuyer It’s important to have a great opening play when you’re buying a home. And the best move you can make when you begin your home search is getting...

Home Is Where the Heart Is More than Ever This Year

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2021. Posted in First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership has a whole new meaning for many of us. According to the 2021 State of the American Homeowner report by Unison: “Last year, staying home became a necessity and that caused many homeowners to have renewed gratitude for the roof over their head.” As a nation, we continue...

Renters Missed Out on $51,500 This Past Year

Written by Miramar Beach FL Mortgage Syndicated User on November 1, 2021. Posted in First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Pricing, Rent vs. Buy.

Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January to September averaged just 3.4 percent in the pre-pandemic years from 2017-2019.” Looking back, we can see rents rising isn’t new. The median rental price has increased consistently over the past 33 years (see graph below):If you’re thinking of renting...

The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]

Written by Miramar Beach FL Mortgage Syndicated User on November 1, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Infographics, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different. Let’s connect so you have an advisor by your side to take the fear out of the equation. Content previously posted on Keeping Current Matters

Reasons Renters Buy [INFOGRAPHIC]

Written by Miramar Beach FL Mortgage Syndicated User on October 1, 2021. Posted in First Time Home Buyers, For Buyers, Infographics, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Rent vs. Buy.

Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to take advantage of the perks of homeownership, let’s connect to explore your options. Content previously posted on Keeping Current Matters

Category: First Time Home Buyers