Why a Move Could Bring You More Happiness This Year

Written by Naples Mortgage Syndicated User on February 2, 2022. Posted in For Buyers, For Sellers, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a safe space. If you’ve found your current home isn’t filling all your needs, you may be wondering if it’s time to find a new one. There’s reason to believe a change of scenery could boost your happiness. Catherine Hartley, an Assistant Professor at New York University’s Department of Psychology and co-author of a study on how new...

Why Your Home Inspection Matters [INFOGRAPHIC]

Written by Naples Mortgage Syndicated User on January 29, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road. Let’s connect so you have expert advice and a trusted professional who will keep your interests top of mind. Content previously posted on Keeping Current Matters

Are You a Homeowner Thinking About Climate Change?

Written by Naples Mortgage Syndicated User on January 27, 2022. Posted in For Sellers, Housing Market Updates, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

Americans are more aware than ever of the effects climate change and natural disasters can have on their homes. According to a report from realtor.com: “More than 3 in 4 recent buyers, 78%, took [natural disasters] into account when choosing the locations of their homes, . . .” The study also found that many existing homeowners (34%) have already considered selling their houses and moving to a new location because of the changing climate. If you’re like those homeowners and are weighing your options about what to do next, here’s some information to keep in mind as you begin the process of...

Why Pre-Approval Is Key for Homebuyers in 2022

Written by Naples Mortgage Syndicated User on January 25, 2022. Posted in First Time Home Buyers, For Buyers, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making an offer. Here’s why. Being intentional and competitive are musts when buying a home this year. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Just as important, being able to present a pre-approval letter...

With Mortgage Rates Climbing, Now’s the Time To Act

Written by Naples Mortgage Syndicated User on January 20, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here’s a look at the projections from Freddie Mac for this year: Q1 2022: 3.4% Q2 2022: 3.5% Q3 2022: 3.6% Q4 2022: 3.7% As the numbers show, this jump in rates is in line with the expectations...

Two Ways Homebuyers Can Win in Today’s Market

Written by Naples Mortgage Syndicated User on January 13, 2022. Posted in First Time Home Buyers, For Buyers, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market. Act Early and Save The earlier you act this year, the more affordable your purchase will be. That’s because experts project mortgage rates will rise as we move deeper into 2022. According to Freddie Mac, the average 30-year fixed-rate mortgage is expected to be 3.5% by year’s end. Experts forecast home prices will rise as well. That means...

Why Inflation Shouldn’t Stop You from Buying a Home in 2022

Written by Naples Mortgage Syndicated User on January 12, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage, Pricing.

If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during a period of high inflation, prices rise across the board. And while home prices aren’t immune from this increase, here’s why inflation shouldn’t stop you from buying a home in 2022. Homeownership Offers Stability and Security Home prices have...

How To Hit Your Homebuying Goals This Year [INFOGRAPHIC]

Written by Naples Mortgage Syndicated User on January 8, 2022. Posted in Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

Some Highlights If you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals. It’s important to start working on your credit and saving for a down payment early. When you’re ready to begin your search, work with a real estate professional and get pre-approved so you know how much you can borrow. Connect with a real estate advisor so you have the guidance you need to achieve your homebuying goals this year. Content previously posted on Keeping Current Matters

Why Waiting To Sell Your House Could Cost You a Small Fortune

Written by Naples Mortgage Syndicated User on January 6, 2022. Posted in For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage, Pricing, Selling Myths.

Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather than waiting until the spring. 1. Buyers Are Looking Right Now, and They’re Ready To Purchase The ShowingTime Showing Index reports data from more than six million property showings scheduled across the country each month. In other words, it’s a gauge of how many buyers are out looking...

5 Tips for Making Your Best Offer on a Home

Written by Naples Mortgage Syndicated User on December 29, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition. 1. Know Your Budget Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it: “This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.” Showing...

Category: Move-Up Buyers