Category: First Time Home Buyer

What to do After You Get a Low Appraisal on Your Home

Mortgage Basics 101: What Is A Home Appraisal? According to the Appraisal Institute an appraisal is a professional appraisers opinion of value. In today’s mortgage and lending environment a home owner or buyer cannot get through the mortgage process without getting one of these valuable reports unless the homeowner utilizes one of the few specialized refinance… Read more »

THINKING ABOUT BUYING A FORECLOSURE PROPERTY?

Foreclosures selling fast and at 20% Off Finding a good deal on a home is not as easy as it used to be.  The housing market has started to recover and pick up steam.  Homes for sale are starting to receive multiple bids now instead of not receiving any bids.  The Nation Association of Realtors… Read more »

MONEY GONE FOR FIRST TIME HOME BUYER MSHDA GRANT

If you or someone you know has been feverishly looking for a home to purchase using the MSHDA Grant for first time home buyers then you luck may have run out.  MSHDA unexpectedly announce the exhaustion of grant funds for first time home buyers using the $3000 credit on Wednesday the 27th at 5:00PM.  Earlier… Read more »

OWNING YOUR OWN HOME AND THE ITS TAX BENEFITS

It seems like every year tax season sneaks up on us all.  This may be a blessing for some but a huge burden to others.  Regardless of where you sit come tax time one thing is for certain those homeowners who own homes will receive a tax break.  All of our situations are different so… Read more »

MSHDA Grant Money Running Low

 MSHDA first time home buyer grant money is running low for those looking to purchase homes in Michigan.  With the program’s inception only a couple of months ago, funds are already running low for buyers purchases homes using the national mortgage settlement grant funds. The current balance as of March 19th, 2013 is at $4,771,560… Read more »

INCREASE YOUR CREDIT SCORE WHEN APPLYING FOR A MORTGAGE

Mortgages have been a hot topic of conversation lately as rates continue to track lower and lower.  People continue to refinance their homes at unprecedented rates and new home sales are also starting to pick up.  People do not want to miss the golden opportunity which comes along with historically low rates.  The only problem… Read more »

Tips for Staging your Home to sell Quickly

Before selling your home, one the most important things to do is staging your home. Staging is making your home better looking to the eyes of the homebuyers that will be passing through. Of course you will need to take care of the basics such as cleaning and tidying up the place but also be… Read more »