Category: First Time Home Buyers

    • Expert Advice: 3 Benefits to Owning a Home

      Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your income “While it is […]
      Written by Rajeev Vashist
    • 2 Myths Holding Back Home Buyers

      In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,  “Saving for a down payment is one of the biggest obstacles faced by first-time home […]
      Written by Rajeev Vashist
    • The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

      Some Highlights:

      • Historically, the choice between renting and buying a home has been a tough decision.
      • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
      • Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.
      Written by Rajeev Vashist
    • This is Not 2008 All Over Again: The Mortgage Lending Factor

      Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment assistance programs are causing concern that we’re returning […]
      Written by Rajeev Vashist
    • Buyer Demand Growing in Every Region

      Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with a marked boost in buyer interest.” […]
      Written by Rajeev Vashist
    • 75 Years of VA Home Loan Benefits

      Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice. This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this law has created opportunities for those […]
      Written by Rajeev Vashist
    • VA Home Loans by the Numbers [INFOGRAPHIC]

      Some Highlights:

      • The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership.
      • In 2018, $161 billion was loaned to veterans and their families through the program.
      • In the same year, the average loan amount was $264,197 and 610,513 loans were guaranteed.
      Written by Rajeev Vashist
    • Millennials: Here’s Why the Process is Well Worth It.

      Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over. According to National Mortgage News,  “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.” If you’re a Millennial, you’re already well aware that you’re […]
      Written by Rajeev Vashist
    • Planning on Buying a Home? Be Sure You Know Your Options.

      When you’re ready to buy, you’ll need to determine if you prefer the charm of an existing home or the look and feel of a newer build. With limited existing home inventory available today, especially in the starter and middle-level markets, many buyers are considering a new home that’s recently been constructed, or they’re building […]
      Written by Rajeev Vashist
    • Taking the Fear Out of the Mortgage Process

      A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage. For many, the mortgage process can be scary, but it doesn’t have to be!  In order to qualify in today’s market, you’ll need a down […]
      Written by Rajeev Vashist