Today, we're going to talk about a situation that can be quite stressful for homebuyers: the appraisal coming in low! So, you've found your dream house, made an offer, and gotten a mortgage. But when the appraisal report comes in…
If you’re looking to buy a luxury home, you’ll probably need a jumbo loan to finance your purchase. Jumbo loans are typically used for financing high-end homes or properties in high-cost areas where real estate is more expensive, like in…
If you want to buy a home but don’t have the cash on hand for a down payment, a down payment assistance (DPA) program may help. As of 2022, more than 2,000 DPA programs were offered through local, state, and…
Military service is full of hardships but also has some pretty substantial benefits. Some are intangible—the sense of pride, the unmatched camaraderie—but others are a bit more material. And one of the most significant of those latter benefits is the…
The current real estate market looks different from how it’s played out in the past couple of years. The pandemic caused many people to rethink their housing needs, which resulted in a record number of buyers looking for bigger and…
Buying a new home is a huge milestone that comes with tons of excitement. But as you go through the process, it can become a bit overwhelming. When you look at all the moving parts of the home buying process⎯from…
As the housing market shifts and mortgage rates rise, home sellers, builders, and loan officers get creative in attracting more homebuyers. One incentive that is currently making a comeback is called the 2-1 buydown, also known as a temporary buydown.…
Being self-employed or a contractor in the gig economy can come with many benefits, including flexible hours, setting your own fees, and more, depending on the job. But gig work can also mean irregular income and no employer benefits like…
Are you ready to upsize or downsize your home but not quite sure how to make it happen? Buying and selling a home at the same time in California may seem a little tricky given the market, but it can…
For many people, saving for a down payment is the biggest hurdle they face when wanting to buy a home of their own. This is why there are several down payment assistance programs, also referred to as DPA programs or…
