by kramoltz@hotmail.com | May 7, 2015 | Home Buying
Move-up housing has become the most popular product type of new homes – with more builders favoring it over entry-level, luxury, active-adult, and other housing categories. Nationwide new home builders say they’re targeting this move-up or second-time buyer market,...
by kramoltz@hotmail.com | May 1, 2015 | Home Buying, Mortgages + Lending
Need help coming up with a down payment? The AzHFA Home Plus Mortgage Loan Origination Program provides down payment assistance (DPA) throughout most of Arizona to qualifying home buyers who intend to occupy the home. The DPA is available in conjunction with a Home...
by kramoltz@hotmail.com | Apr 22, 2015 | Home Buying, Mortgages + Lending
One of the biggest problems first time buyers have is coming up with the down payment. A solution is to use a down payment “gift” from relatives. The National Association of Realtors says that about one quarter of first-time buyers do that. But be careful – lenders...
by kramoltz@hotmail.com | Apr 14, 2015 | Home Buying, Mortgages + Lending
The Price is Right. Although median prices have risen, most of the increase is at the low end, with moderate additions in prices higher than $400,000. And most price ranges are a good value historically. It’s Cheaper to Buy than Rent. Rents have increased...
by kramoltz@hotmail.com | Apr 3, 2015 | Home Buying, Preparing a Home for Sale, Selling Your Home
1. Bad listing photos. Badly executed (i.e., blurry, dark) ones reflect poorly on the home, seller and agent. Poorly chosen photos (of ugly things, small rooms) make things worse. More is not always better! 2. Dirty homes. One agent related how she and her buyer found...
by kramoltz@hotmail.com | Feb 28, 2015 | Home Buying, Mortgages + Lending
Did you know the government will give you the money to renovate a FHA home? One of the most overlooked FHA programs, the 203(k) loan, can help if buying a home that needs work using a FHA loan. 203(k) loans are the Department of Housing and Urban Development’s primary...
