Monthly Archives: November 2018

    • Gift of Equity

      There is a little-known mortgage program that could provide the vehicle for the right person to get into a home. If a person sells their home to another for less than the fair market value, the difference in the appraised value and the sales price is considered a gift of equity for the buyer. FHA … Continue reading Gift of Equity
      Written by Carla Higgins
    • Do You Know the Way?

      It may be natural for first-time buyers to be unsure of the process of buying a home because they haven’t been through it before but even repeat buyers need to know changes that have taken place since the financial housing crisis. The steps in the home buying process are predictable and generally follow the same … Continue reading Do You Know the Way?
      Written by Carla Higgins
    • Getting the “Right” Home

      Finding the right home is still the biggest challenge buyers are faced with in today’s market as is shown in the latest Confidence Index Survey. Assuming the buyers find the “right” home with determination, perseverance and the help of a real estate professional, 88% of all transactions last year required financing to get the buyer’s … Continue reading Getting the “Right” Home
      Written by Carla Higgins