Category: Buying Real Estate

Here's what most of us mistakenly think we know about townhouses: They're glorified apartments. They're houses squished together so hard they share walls. They're ruled by iron-fisted homeowners' associations who will force you to dye your dog to match your window shades. >>New Listing: Deluxe Townhome For Sale #WSNC<< Turns out, most of us are… Continue reading Advantages of Townhouse Living

#HouseHunters be prepared to offer up a pile of paperwork to earn your home mortgage pre-approval. In general, the paperwork you’ll need to assemble for your lender includes the following: Pay stubs from the past 30 days showing your year-to-date income Two years of federal tax returns Two years of W2 forms from your employer 60 days… Continue reading How to get pre-approved: The paperwork you need

Dreaming of buying an #ArdmoreBunglow or #ArdmoreCottage with #OldHouseCharm in arguably the most desirable #location in #WinstonSalem? Get our up to the minute list of all houses for sale in Ardmore, Winston Salem, NC.  This is the most-accurate and most-up to date list available anywhere. Your information is only used to follow up and send the… Continue reading Want to buy a home in Ardmore? Get up to the minute list of houses for sale

Buying a home is exciting and, let's face it, complicated. Be sure you have a real estate agent as your ally in the process.  This booklet is a toolkit that can help you make better choices along your path to owning a home.  Download our Home Loan Toolkit: A step-by-step guide. After you finish the toolkit,… Continue reading Home Loan Toolkit: A step-by-step guide

Download this really helpful brochure - Looking for the best mortgage: shop, compare, negotiate. Shopping around for a home loan or mortgage will help you to get the best financing deal. A mortgage - whether it’s a home purchase, a refinancing, or a home equity loan - is a product, just like a car, so… Continue reading Looking for the best mortgage: shop, compare, negotiate

What’s The Difference Between Pre-Qualification and Pre-Approval for home mortgage loans? When you are shopping for a new home, you will need either a pre-qualification or pre-approval letter to submit an offer to purchase. Either letter assures the seller of your seriousness and ability to obtain a mortgage for the purchase. Usually, you can get… Continue reading DO get Pre-Approved for a home loan, not just pre-qualified

"How much house can I afford?" This is a common question.  Use our handy calculators to get an idea.  You supply your income information and it calculates how much you can afford.  GO HERE for this plus mortgage calculators and more. Accurately calculating how much house you can afford can be a little complicated but… Continue reading How much house can I afford?

Home financing giant Fannie Mae will ease its requirements by raising its debt-to-income ceiling from 45 percent to 50 percent on July 29, 2017. The move could pave the way for a larger number of new buyers to qualify for a mortgage, particularly millennials who may be saddled with student loan debt. The debt-to-income ratio… Continue reading Loosening Mortgage Requirements