Category Archives: Buyers

10 Worst First-Time Homebuyer Mistakes 2010

Are you gearing up to buy your first place? Shopping for a home is exciting, exhausting and a little bit scary. In the end, your aim is to end up with a home you love at a price you can afford. … Continue reading

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Phoenix North East Valley Real Estate In the News

About a month ago I received an e-mail from my broker asking if there were any agents with cash buyers for the Phoenix Metro area that would be willing to speak with an Inman News reporter. The reporter wanted to know … Continue reading

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New guidelines for choosing appraisers, comps | Inman News

Fannie Mae updates policy and guidelines for appraisals.  Read the full story here:  New guidelines for choosing appraisers, comps | Inman News.

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FHA inspections vs. home inspections | Inman News

I read a great article today from Inman News explaining why it is still necessary to have a home inspection even if the buyer is obtaining FHA financing and they are “inspecting” the property.  Click on the following link to … Continue reading

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Recommendation from a recent buyer

I was tickled pink when I received an e-mail from my broker that a recent buyer sent to him singing my praises. I was not sure whether to use it is a blog post since I am not a self promoting or pat … Continue reading

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Fannie Mae HomePath Mortgage Program

I received an e-mail from one of my preferred lenders, Bob McCormick, MortgageQuest, outlining the Fannie Mae HomePath Mortgage Program and some of the programs advantages.   What is the HomePath Mortgage Program? The Fannie Mae HomePath Mortgage Program was … Continue reading

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Mortgage Rates are trending up

Last month I wrote a post, Higher Interest Rates to come?.  Today I am following up that post with an update on where the average mortgage rates currently stand. According to the Freddie Mac weekly rate report, mortgage rates appear … Continue reading

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Additional costs to consider when buying a home

Thinking about buying a home? I came across a great article this morning, “12 Hidden Costs of Home Ownership“, that outlines 12 additional costs to consider when purchasing a home: 1) Home Inspection-I do not recommend and personally would not even … Continue reading

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Homeowners Insurance 101

Thinking about buying a home? One of the things you should do is speak with an insurance agent about Homeowners Insurance. Most mortgage companies require a borrower to obtain homeowners insurance prior to approving their loan. Even if you are paying cash for your … Continue reading

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Higher Interest Rates to come?

In my ”free time” today I was catching up on some real estate industry news. In the News & Trends section of the April edition of Realtor Magazine, which is published by the National Association of Realtors, the following item caught my … Continue reading

Posted in Buyers, First time homebuyers, Mortgage/Financing | 2 Comments