Category Archives: Starting
How Can I Determine My Housing Needs Before I Begin The Search
[wistia id=”m5eqm4mx4e”] Like the video shows, your home should fit the way you live, with spaces and features that appeal to the whole family. Before you begin looking at homes make a list of your priorities – things like location and size. Should the house be close to certain schools? your job? to public… Read More »
Why Use A REALTOR®
[wistia id=”ragsa7lj4y”] A state license is required to sell real estate. But roughly half of those licensed take the additional step of becoming a REALTOR®. As we show you in this video, only members of the National Association of Realtors – NAR – are entitled to use that registered trademark and call themselves a… Read More »
How Do Lenders Decide The Maximum Loan Amount That Buyers Can Afford?
[wistia id=”6yjb7lae8t”] As you’ll see in the video, the lenders consider your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child support. According to the FHA, monthly mortgage payments should be no… Read More »
How Do I Begin The Process Of Buying A Home?
[wistia id=”jncsjw975a”] Remember these pointers from the video: start by thinking about your situation. Are you ready to buy a home? How much can you afford in a monthly mortgage payment? How much space do you need? What areas of town do you like? After you answer these questions, make a “To Do” list… Read More »