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You know you want to sell your home. The only issue left to decide now is whether you sell it yourself or enlist a real estate agent to help you. This is always an important decision…but it’s even more so in the current pandemic. The logistics of selling a home today are multiplied as health and security have become even bigger priorities.
There may be no greater example of multi-tasking than when you’re buying and selling a home simultaneously. It can feel like you went from 0 to 100 in no time flat! Whether you’re chomping at the bit to get settled into your new home or ecstatic about the price you secured for your current home, we know you have plenty of activity to go around.
Just when, exactly, is it the right time to buy? That’s the million-dollar question! While no one can definitively answer that for you, there are a few facts you should take into consideration that may provide you with more clarity.
Life may not be completely back to normal, but many cities are reopening businesses and services as we emerge from quarantine orders caused by COVID-19. Returning to work and to the office will also give Americans a better sense of what their finances may look like in the near term.
The monthly payment and duration of your loan can vary widely. These terms are influenced by a few factors, including the type of loan you choose, interest rates and the size of your down payment. You may not be able to control interest rates, but you definitely play a role in your financial future by choosing which loan works best for your situation – and much of that starts with the down payment.
Getting ready to buy a home is the beginning of an exciting journey! Once you’ve found your dream home and you’re ready to buy, how do you decide what type of mortgage loan fits your needs? Should it be a fixed rate loan, adjustable loan, FHA loan, or something else?
Many young, single, career-focused, and financially savvy adults are realizing that buying a home is the right decision for their personal and financial goals. In fact, more than 90% of Americans believe homeownership is the first step on the road to wealth. And the U.S. government agrees. The Department of Housing and Urban Development promotes homeownership to people from all economic backgrounds, because homeownership is an important means of wealth accumulation.
Buying a home is undoubtedly one of the most difficult decisions you’ll make. After debating the pros and cons of homeownership -- and there are many -- you’ll have a whole new set of questions that will keep you up at night. Yes, you’ll have tons of question to ask of your real estate professional. If you’re lucky, you’ll find a knowledgeable, credible agent with lots of experience who may even answer those late-night questions before you tap snooze the next morning. Hiring a realtor that fits your expectations is imperative to the home-buying process. So, where do you start?
Whether you are considering to rent or buy a home, you may want the convenience of technology to help you through the process.
We’ve got a list of the some of the top apps that can enhance your real estate search.
Home is what you create in the place that you live. It isn’t always a brand new updated house. Sometimes it means you put in a little sweat equity to turn a house into your dream home.
Whether it’s a huge remodel project or a light fixer-upper, there are renovation home loans that can help you with that!
Have you started dreaming about your perfect home? Maybe you found just the charmer you were looking for in that mid-town location but it’s a fixer upper and needs extra love and attention. The price might be within your range, but can you afford the costs of all the repairs and remodeling needed to turn it into your dream home? Good news for you - whether you’re a first-time homebuyer or looking to refinance or invest, American Pacific Mortgage has fixer upper home loans that can make purchasing and renovating a home an affordable option! These loans are called Renovation Loans.
As Veterans and Servicemembers, you have worked hard for our country and when you’re ready to embark upon or continue your homeownership journey, American Pacific Mortgage is happy to be able to give back to you through our VA Loans. You don’t want to miss taking advantage of all the benefits these loans have for you! In addition to flexible and lenient qualifying guidelines, other benefits include 100% financing when qualified and no mortgage insurance requirements.
Veterans and service members have had the VA home loan benefit since 1944, and with millions eligible, there are still questions about what the benefits are of utilizing the VA Loan compared to other loans.
In hot real estate markets, it can be frustrating to get a foot in the door of home ownership. Manufactured homes are becoming more and more popular as an affordable option but have traditionally been difficult to finance. Our Manufactured Select program seeks to change that and has been designed specifically to give home buyers more options for affordable housing.
Shopping for a home can be exciting and nerve-wracking. When the market is tight, and you’re competing against multiple offers – especially when some of those offers are for cash – it can be downright frustrating.
Looking to Buy While You Are Selling?
Buying a home is thrilling and exciting and terrifying all at once. Add in the fact that you haven’t sold your current home, and there are many more moving parts to your transaction. In a hot real estate market, sometimes you have to jump in and make an offer before you’re quite ready (or able) to sell your current home. If you have a hefty savings account and income sufficient to qualify for both of your mortgages, it might not be a problem, But for millions of homeowners, this scenario requires a different solution.
Deciding to sell your home can be an exciting, albeit stressful, time. One way to take some of the pressure off is to get pre-approved for your next home purchase before you list. Why would this take the pressure off? Let’s explore the options this opens up for you:
Buying a new home is an exciting time for nearly anyone, but when you still haven’t sold your old home it can get a bit tricky. There are a few scenarios to think about – all of which have ways for you to help make the process a little easier – and hopefully a lot less stressful.
