Category: Buying a Home

FHA Back to Work After Government Shutdown

Posted on October 21, 2013 by - Buying a Home, FHA Mortgage, Mortgage Tips

While the Federal Housing Administration (FHA) was not fully closed during the government shutdown, they were running on limited staff for the 16 days of uncertainty. Most FHA Lenders and Banks continued to process and fund FHA loans during this time which has created a backlog of FHA endorsements and questions from these companies. In response to undoubtedly hundreds of… Read more »

The Government Shutdown is Over: Now Can I Close my Home Loan?

Posted on October 17, 2013 by - Buying a Home, Local Michigan

12:51 AM this morning of October 17th, 2013, President Obama signed a bill extending the Federal Government debt ceiling and allowing the Government Shutdown to end.  The US House of Representatives voted 285 to 144 to pass the bill which allows the government to reopen.  The US Senate had also passed this bill with an… Read more »

10 Reasons to Move to Grand Rapids, Michigan

Posted on October 11, 2013 by - Buying a Home, Local Michigan

Grand Rapids, Michigan is a city with a metro area of over a million people and is one of the most desired places to relocate in the world. The city is known as a great place for jobs, education, diversity, safety, and fun. The economy in the region is constantly growing and the real estate… Read more »

The Government Shutdown and Home Loans for Homebuyers

Posted on October 1, 2013 by - Buying a Home, FHA Mortgage, VA Loan

Buying a home can have many challenges from critical underwriters to conservative appraisers however, on the long list of things that can go wrong with a home loan you would not expect a government shutdown to be a factor. As of 12:00 AM today on October 1st, 2013 the Federal government has now shut down… Read more »

10 Reasons to Buy a House while still in College

Posted on September 13, 2013 by - Buying a Home, First Time Home Buyer, Mortgage Tips

There are many reasons why buying a house while still in college can be beneficial. Leaving the nest of your parent’s home and finding your own place to live during college can be a lot of work.  Most college housing is overpriced and hard to get into so why not review your options and buy… Read more »

TOP VA LOAN QUESTIONS FOR U.S. HOMEOWNERS

Posted on August 22, 2013 by - Buying a Home, Refinance, VA Loan

After serving your country you may be entitle to many benefits including the VA home for a new home purchase, refinance or even a Cash-Out Refinance. What is a VA home loan? According to http://www.benefits.va.gov/homeloans/, “VA helps Service members, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we… Read more »

The Housing Market is on Fire with Half of homes Selling in a Month!

Posted on August 15, 2013 by - Buying a Home, Mortgage Tips

Home Sales are Fast and Furious in the calendar month of June, homes sales totaled more than 5 million, According to the National Association of REALTORS®  on a seasonally-adjusted, annualized basis and shows no signs of slowing. More than half of homes that were listed through the MLS system were sold within 30 days or roughly… Read more »

WHERE ARE ALL OF THE FIRST TIME HOME BUYERS?

Posted on July 29, 2013 by - Buying a Home, First Time Home Buyer, Mortgage Tips

What’s going on with the first time homebuyer? It is hard to decipher the recent housing number reports as all of the first time home buyer seem to be disappearing. Because of recent market changes the May housing report is at it’s highest numbers since May 2006. Bloomberg, also reported that mortgage applications have sunk… Read more »