If you've made it to closing day, congratulations! You're at the finish line of the homebuying process. But for many buyers, closing still feels like a mystery. What actually happens in that room? What are you signing? How long does it take?
While house hunting in this type of market can be more stressful, we still think it’s better to try to buy now than wait. Why? Because real estate is a long-term investment. Even if you’re paying more for a home than you’d like, home values should continue to increase.
Home prices (and the down payments that come with them) keep climbing. If you're a parent watching this trend and wondering how your kids will ever get into a home of their own, you're not alone. The good news? You don't need a windfall to make a real difference. You just need time on your side!
While a pre-approval shows that your lender could provide you with a loan in that amount, it only applies to your financial situation at the time of the pre-approval. Meaning, if your financial situation changes drastically from the day you’re pre-approved to when you find a home to make an offer on, your pre-approval may not still stand with the same terms.
One of the most common dilemmas for buyers is whether paying over the listing price is a smart move. While it may seem counterintuitive to offer more than a home is listed for, there are situations where it could be the right choice.
It's tempting to assume that if a lender has a local address, you're getting local service. That's not always true!
Understanding the full picture of what homeownership costs is one of the most valuable things we can do for our clients before they buy.
"What rate could I qualify for?" "Should I refinance?" "Would it make sense to refinance to a 15-year mortgage?" All of these are important questions to ask!
There's a significant difference between someone who just passed their licensing exam and someone who has spent years pursuing advanced education, specialized training, and industry certifications that most loan officers never bother to earn.
We know that buying a house can be daunting. Many of our clients come to us with little to no knowledge of the home buying process. For that reason, we’re going to lay it out step by step for you.
Best of Omaha Winner since 2021
8420 W Dodge Rd Ste 113
Omaha, NE 68114
(402) 991-5153
brent@mtg-specialists.com
NMLS#2424
Since interest rates change daily and vary from program to program, we do not publish mortgage interest rates on our website. Contact us to get a current quote.
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