Real Estate Education
1. Figure out what your ‘perfect home’ looks like. Write down on a piece of paper all of the things you must have in your new home, things that would be nice to have and things that don’t really matter. 2. Purchase a home that stays in budget. Make sure to get pre-approved for a loan before …
Here are my top 10 tips for finding the perfect home (homes.com) Read More »
There are 3 components to affordability… 1. House Price: As we discussed, house price can sometimes be largely due to supply. As supply drops house prices go up, and as supply increases, the house prices either stay the same or slightly decrease. 2. Household Income: This is the amount of money the people living in …
Factor 1: Employment Employment is how people afford their homes, so most people live near their jobs. When a location experiences an increase in employment, there will typically be an increase in the amount of people moving to that particular area. This could result in a drastic improvement the local real estate market. Factor 2: Supply …
Factors to Help You Better Understand Your Local Real Estate Market (Freedommentor.com) Read More »
Four Types of Real Estate (thebalance.com) There are 4 types of real estate: Residential real estate includes both new construction and resale homes. The most common category is single-family homes. There are also condominiums, co-ops, townhouses, duplexes, triple-deckers, quadplexes, high-value homes, multi-generational and vacation homes. Commercial real estate includes shopping centers and strip malls, medical and educational buildings, hotels and offices. Apartment buildings are often considered commercial, even though …
Select a VA-approved Lender Obtain a Certificate of Eligibility (COE) Pre-Qualify for Your Loan Amount Go House Hunting and Sign a Purchase Agreement Lender Processes Application and Orders VA Appraisal Close on your loan and move it Visit the websites below for more information
