Last year, many prospective homebuyers couldn’t compete in Austin's fast-paced real estate market, so they held off. Many of those homeowners who waited are coming back this year determined to buy a home in 2022. But if you’re one of the few homeowners who is still waiting on purchasing a home, it will cost you more money in the future, and here are the two main reasons why: Why Waiting to...
If buying an Austin home is your goal this year, take these ten steps now to make the homebuying journey easier for you. 1. Check Your Credit Your credit is crucial because it’s the first thing a mortgage lender will check. It will also determine the rate you get for your mortgage. Ensure your credit is accurate by requesting a credit report from Equifax, Experian, and TransUnion. This step...
Taking part in the American dream by purchasing your first home is something many look forward to and work hard for. While it should be celebrated, make sure you know everything that’s included in buying and owning a home! Here are what first-time home buyers need to know before buying a home this spring. 1. First Time Home Buyers Need A REALTOR® A good REALTOR® will make all the...
Besides high home prices and the competitive real estate market, millennials struggle to purchase a home due to student loans. But it’s not impossible! The National Association of REALTORS® found that over 20% of Americans who bought their homes last year had student loans. Be part of 22% of Americans who have student loans and own a home by asking yourself these three questions. 1. Is it the right...
Earlier this year, LendingTree published its findings on the most popular cities for millennial homebuyers. They found these ten cities by analyzing the mortgage requests made on their platform across the nation’s 50 largest metros from January 1st to December 15th, 2020. They define millennials homeowners as individuals born between 1981 and 1996. Top 3 Best and Worst Metros for Millennial...
Becoming a homeowner is a milestone many aspire to reach, and it’s an exciting goal! But it can be hard to decide if you’re ready for the commitment of being a homeowner or should renew your lease for another year. Here are some signs that you’re prepared to buy a home! 1. You Have Money for a Down Payment to Buy a Home This first step is one of the most challenging obstacles homebuyers face...
As we know, there’s an inventory shortage of homes, and prices are on the rise. In large part, the pandemic has contributed to this shortage, especially when paired with historically low interest rates. One survey revealed that 55% of people said they regret taking out a mortgage during the pandemic. But you can avoid homebuyer's remorse, even during this competitive market. Before purchasing,...