Tag Archives: purchase
Update! Are mortgage interest rates starting to rise?
Freddie Mac reported Thursday in its weekly update that the average interest rate on 30 year, fixed rates moved upward this week, to 3 42%   This is the highest levle since September 29, 2012 In comparison, last week's average rate was 3 38%   When you compare rates from 30 years ago, rates Read more [...]
Are Home Prices Going Up or Coming Down in Delaware?
If you are in the market to purchase a home in Delaware, there are several important questions you should be asking: Is now the right time to buy a house? Are housing prices going to go any lower? Did I miss out and are housing prices starting to rise?   Based on the most recent published Read more [...]
Delaware Home Sales Strengthened in November
As reported in the Wilmington News Journal, real estate sales were up 8 6% in New Castle County, 15 4% in Kent County and 28 7% in Sussex   Not only were sales up, but prices showed an increase in all 3 counties, rising 11 7% in New Castle County, 9% in Kent County and 7 7 percent in Sussex Read more [...]
Considerations before buying a short sale home in Delaware
You've considered moving, but the home you are buying is either a foreclosed or short sale property.  You're not sure just how it works when purchasing such properties. The home is priced right, but you need to know more before proceeding. Listed below are the concerns for buyers who wish to purchase Read more [...]
What documentation is needed to obtain a mortgage?
Buying a house can be both a fun and time consuming process One of the best ways to  begin is to get a mortgage pre-approval Getting a pre-approval before the buying process can be beneficial for several reasons For one, it can give you an idea of how much you can afford when you are looking Read more [...]
Is there a benefit in purchasing a home listed as a Short Sale?
Many banks are still experiencing a large amount of seriously delinquent loans on their books and many are turning to short sales to dispose of properties as opposed to foreclosures. The reason being is that short sales are faster and less costly for lenders to dispose of delinquent loans.  What Read more [...]
How to get pre approved for home loan?
You are headed in the right direction!  The first step to purchasing your new home is to get an idea of how much house you can afford to purchase We make it easy!  Pre-Approval is an easy process and assesses your income, assets, current debt structure and credit worthiness Taking Read more [...]
Are you Ready to Purchase a Home? – How much can you afford?
If you rent the home you live in or thinking about upgrading to a larger home or moving to another area, then the right planning can help you to purchase a home. To discover your homebuying potential,  you will want to calculate your: Income Savings Monthly Expenses Current Debt These Read more [...]