"The Mortgage Process. Step 1" written on paper

What You Need to Know About the Mortgage Process

meghanriley Home Buyer Tips Leave a Comment

There are many steps to buying a home and the first is getting preapproved for a mortgage, but what exactly does that entail? The infographic below explains what mortgage professionals most often require from those seeking a home loan and what buyers can expect to do to secure a mortgage. Now, it’s important to note that the infographic states that …

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USDA Maps Changing on June 4th | Home Buyer Tips

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Realtor Melanie Cameron explains why home buyers should be aware of the USDA Maps changing on June 4th and what they can do to still secure USDA financing for a property that will no longer be eligible. Don’t miss out on your chance for 100% financing! To check a home’s projected eligibility after the maps change on June 4th, 2018, …

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Prequalification vs. Preapproval | Home Buyer Tips

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Realtor Melanie Cameron explains the difference between getting prequalified and getting preapproved for a mortgage, and which route is the better choice. Make sure you watch this video BEFORE starting the home buying process. Get more great tips in our 60-page Buyer Guide. Don’t forget to comment, share, and like this video on Facebook and YouTube to be entered into …

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What Credit Score Do I Need to Buy a Home? | Home Buyer Tips

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Realtor Melanie Cameron shares the ideal credit score needed to purchase a home. The answer may surprise you! You don’t need to have a perfect score to qualify to for a mortgage loan. Get more great tips in our 60-page Buyer Guide. Don’t forget to comment, share, and like this video on Facebook and YouTube to be entered into the …

Money and House

Builder Offers to Pay Student Loans for Home Buyers

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According to a study from the National Association of Realtors, one of the biggest obstacles for Millennial home buyers (born 1980-1998) is student loan debt. Of those surveyed, the median debt was $41,200. 20% were homeowners and 28% of them said their student loan debt was preventing them from selling their current home to move into something new. Now, Eagle …

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Homeowner Equity Rises in North Carolina in 2nd Quarter of 2017

meghanriley General Real Estate Leave a Comment

One way to determine the health of an economy is by looking at the available homeowner equity. The more equity that exists, the more money homeowners have to put into the system. Every quarter, financial analytics company CoreLogic® releases an equity report outlining the current state of home equity. These are the results for the second quarter of 2017. Nationwide …

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What Can Google Search Reveal About Home Buyers?

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If we looked at the Google searches conducted over the past few years, what would they reveal about home buyers and the future of the real estate market? Chase wondered the same thing. They partnered with Google to see what‘s top of mind for buyers and shared it in an interesting report. Here are the main takeaways: Affordability is a …

Home Equity - Living Room

Home Equity Rises in North Carolina in 1st Quarter of 2017

meghanriley General Real Estate Leave a Comment

It’s been 6 years since the height of the housing crisis. Since then, 9 million home loan borrowers have regained equity in their homes. These facts remain important as we look for indicators for how the current economy is performing. Home equity is a large chunk of homeowner wealth, and supports spending and broader economic health. CoreLogic®, who collects and …