Linda's Corner

Committed to Serving, Not Selling!

June 19, 2024

What You Need To Know About Today’s Down Payment Programs

There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like they don’t know where to start. 

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June 1, 2024

The Biggest Mistakes Buyers Are Making Today

 

Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider.

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May 30, 2024

7 Reasons to Hire an Accredited Buyer's Representative (ABR)

May 2, 2024

What Is Going on with Mortgage Rates?

 

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.

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April 23, 2024

Myths About the 2024 Housing Market

Some Highlights

  • When it comes to the current housing market, there are some myths circling around right now.
  • Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. 
  • Lean on a real estate professional to help separate fact from fiction in today’s housing market. Call Linda @954-464-5434 to know more!
April 18, 2024

Should I Wait for Mortgage Rates To Come Down Before I Move?

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.

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April 11, 2024

Top 5 Reasons To Hire an Agent When Buying a Home

Some Highlights

  • Hiring an agent when buying a home helps you understand the buying process and the local market.
  • They’ll also go over contracts and fine print with you, so you understand what you're agreeing to. Plus, they're good at negotiating, making sure you get the best deal.
  • Expert advice from a trusted real estate professional is priceless. Connect with Linda today! You can call 954-464-5434

 

April 6, 2024

Buy a Home With a 560 CREDIT SCORE and Get a Great Rate!

Been turned down because of your credit score but you have a co-borrower? Make sure to take another look at this new Fannie Mae credit feature! 

Fannie Mae's previous credit score requirement of 620 is no longer set in stone. In the past, buyers with a credit score below 620 would be ineligible to purchase a home according to Fannie Mae's guidelines. However, with the recent change, if you have a co-borrower, your credit scores can now be averaged. This shift opens up homeownership to a broader range of potential buyers!

BEFORE:

If your credit score is 785 and your spouse has a credit score of 619, your spouse would have had to been disqualified, thereby using only one income and credit score for qualification. This would likely result in a lower qualification amount.

WITH THE NEW POLICY:

The credit scores of both borrowers can now be blended. In this case, the average credit score would be 702, enabling you to qualify for a higher purchase price due to the combined incomes of both borrowers.

Click below to watch the video or Call Linda for more info at 954-464-5434 to be directed to a preferred lender that can answer your questions and get you preapproved.

 

April 4, 2024

Top Five Budget Cuts Homeowners Are Making

According to a survey by Hippo Insurance, 86% of homeowners have made compromises in their lives to manage the rising cost of living and prioritize homeownership. These compromises have predominantly affected:

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March 28, 2024

AS ALWAYS, DON’T BELIEVE THE HYPE IN THE MEDIA – GET THE FACTS!

There is so much noise in the media about the NAR Lawsuit and unfortunately they are not giving the clear facts to the Homeowners and Buyers that may have real estate needs in the near future. I will attempt to simplify this as much as possible in this article. 

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