Ready or not, the millennials are coming. Actually, they’re already here. As America’s largest generation at nearly 80 million strong, Gen Y is poised to dominate the housing market over the next decade-plus. How do real estate professionals find success with millennials? I hope the 15-point list in my ebook provides many of the answers you Read more about Download My Ebook on First-Time Homebuyers and Mortgages[…]
I often hear first-time homebuyers say they don’t think they can afford to buy a home — especially millennials who may have a lot of debt (ex: student loans). If you live in Hampton Roads (Virginia Beach, Norfolk and Chesapeake), you have options to get a mortgage that are easier than you think. You might have Read more about How Much is a Down Payment for a Mortgage?[…]
If you live in Virginia Beach or other Virginia cities, read this: If Millennials could, they would have it all. For instance, a brand-new apartment with amenities like a pool, gym and built-in washer and dryer. The reality is many can’t afford the life they want or expect. That’s why pre-approval is so important. When clients Read more about Virginia Beach: First-Time Homebuyers Need Realistic Expectations About Mortgages[…]
I know the mortgage process is confusing, especially for first-time homebuyers. So I think it’s helpful to clearly explain the mortgage process in Virginia Beach, Norfolk, and Chesapeake. Step 1: Pre-Approval/Application — Before you can obtain a home loan, you must be approved for one. Pre-approval is often the first meeting with a lender. Before you go, Read more about The Simplest Explanation of the Mortgage Process[…]
You may know a home loan requires a down payment and that the amount depends on the loan program you choose. You may not know all down payments must be properly sourced. What does that mean? – If the money is a gift, you need a letter from the person stating as such and that you don’t Read more about 4 Rules You Must Understand About Down Payments[…]