FHA Rules for Flipped Houses

When buying a home, especially for first-time buyers, navigating rules and regulations can be daunting. One of the lesser-known yet important guidelines to understand is the FHA 90-day rule for

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Questions to Consider Before Buying in a Competitive Housing Market

The housing market is heating up, and finding your dream home in Omaha can feel like a race against time. Homes are selling quickly, and buyers often face stiff competition

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What is the Difference Between a Seller’s Market, Normal Market, and a Buyer’s Market?

The real estate market is always changing, and understanding its ebbs and flows can make a big difference for homebuyers and sellers. Whether you’re in the process of buying your

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The First Steps to Buying a Home for a First-Time Buyer

Many dream of owning their first home, but taking that leap can feel overwhelming. At Mortgage Specialists, we’re here to break down the first-time homebuyer process into simple, manageable steps.

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Refinance to Drop Private Mortgage Insurance

Private Mortgage Insurance (PMI) can be a costly addition to your monthly mortgage payments, especially if you didn’t put 20% down when purchasing your home. But did you know you

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Should You Pay More Than the Listing Price?

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.

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Use Your Tax Return to Buy a Home in Omaha

Tax season is here, and for many, that refund check offers a golden opportunity to achieve major financial goals. If you’re considering buying a home in Omaha, Nebraska, your tax

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The Top 4 Reasons People Get Denied a HELOC

When used responsibly, HELOCs can be a fantastic benefit of homeownership, allowing homeowners to invest in necessary home renovations to increase the value of their home. However, qualifying for a HELOC can be difficult for some borrowers. 

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Five Most Common Questions First-Time Homebuyers Have

Buying your first home can be a very stressful time as it is likely the largest decision you have made in your life. In our experience, the following questions are some of the most commonly asked by first-time homebuyers.

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Delayed Gratification

Journeying away from our typical mortgage or loan tips and guidelines to speak about something that is equally as important and impactful when purchasing a home– delayed gratification. 

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