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From Our Blog:
How Your FICO Score Affects Your Ability to Get a Mortgage
It’s not uncommon for borrowers to ask: “Why can’t I get the interest rates I see advertised on the Internet?” One of the most important characteristics of securing a mortgage is your FICO score. Simply put, the lower the credit score, the higher the interest rate. 3 different … [Read More...]
Is Pricing Low the Way to Go?
It may seem logical that if you price your home low, it will sell quickly. Some real estate agents believe everyone should price low. The truth is, there are a lot of things to consider when pricing a home. And it helps sellers and buyers to understand clearly the factors that typically … [Read More...]
5 Tips for Approaching the Open House
The “open house” has long been a tradition in real estate. Each weekend across the country, hordes of agents put up their A-frame signs and point buyers in the direction of open houses. Meanwhile, buyers with all kinds of motivations stream in and out of these homes — from those just … [Read More...]
Mortgage Rates to Increase Soon
Late last week, the Federal Housing Finance Agency, the regulatory body for both Fannie Mae and Freddie Mac, announced another 10 basis points increase in guarantee fees (g-fee) that will go into effect between Nov. 1 and Dec. 1. This increase in g-fees — the amount Fannie Mae and Freddie Mac … [Read More...]
Insider’s Guide to Success with Short Sales
Many real estate agents steer their clients away from a short sale because they think they take too long, that their commissions will be lowered, or simply because they don’t know a lot about the process and what it takes to get a short sale completed successfully. There are multiple steps … [Read More...]
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