Buyers try to put 20% down on their mortgage so they can avoid PMI - Private Mortgage Insurance. Sometimes it is hard to do because as interest rates start to rise, buyers are eager to buy now rather than wait to save more money. Rents are increasing so that slows down amount some buyers can save ... » Learn More about What to do When You have Just Under 20% Down Payment for Your Mortgage
Triangle NC
Where to Start: Tips for First Time Buyers Starting a Home Search
Tips for First Time Buyers Starting a Home Search. So you’re thinking about buying a home? Maybe you’re tired of paying rent that you’ll never get back. Maybe you’re tired of your landlord giving you the run around when there’s a maintenance issue. Or maybe you’re just ready to invest in property ... » Learn More about Where to Start: Tips for First Time Buyers Starting a Home Search
Buying a Home with Little or No Down Payment
One of the biggest barriers to homeownership today is the mortgage down payment. According to the National Association of Realtors, 87% of first-time buyers think they need 10% or more down to buy a home. However, that’s simply not true. In fact, the average down payment for first-time buyers is ... » Learn More about Buying a Home with Little or No Down Payment
Not Happy with the Housing Market? Time to Check Your Expectations
A great obstacle to happiness is to expect too much happiness. - Bernard de Fontenelle We live in a world where 24 hours a day you can watch any number of television shows that tell the story of buying a fantastic home—all in a matter of 50 minutes! A lovely couple looks at three homes, picks ... » Learn More about Not Happy with the Housing Market? Time to Check Your Expectations
Bigger is Not Always Better: Benefits of a Smaller Home
Because of the increasing housing demands in the Triangle Area, many families are realizing that their price range won’t afford them as big of a house as they were hoping. At first, they begrudgingly see the smaller homes, but at some point between their housing search and moving into the home ... » Learn More about Bigger is Not Always Better: Benefits of a Smaller Home
