There are 3 blog entries for October 2011.
Thursday, October 13th, 2011 at 3:06pm. 666 Views, 0 Comments.
The question of whether to buy now while mortgage rates are down or wait until you have a bigger down payment, is one that is raised quite often. First time home buyers are particularly curious about this dilemma because they are less familiar with the process and often have less saved up to put down.
Each case is a little different but in general, having a lower interest rate on your mortgage is more important than having a larger down payment. In fact, your monthly payment could easily be less if you get a great rate and mortgage more.
Here's an example:
Mortgage rates for a 30 year fixed loan are close to 4% (actually slightly less today), which means your payment for a $250,000 house would be about $1,600 per month...if you made the…
Wednesday, October 12th, 2011 at 9:04am. 808 Views, 0 Comments.
The Atlanta Business Chronicle recently asked me to complete the survey below for an upcoming issue focused on the Atlanta Real Estate Market.
I thought the questions were great so I wanted to share them with you:
Monday, October 10th, 2011 at 1:10pm. 425 Views, 0 Comments.
With inventory down and homes in Atlanta still available at bargain prices, buying a home is probably one of the best financial decisions you could make at the moment. However, the biggest detractor from the market is public perception that buying a home just may not be a good investment.
The infographic below gives you a visual of the truth, which is that homeownership is the best choice for most peoples finances and quality of life. Still have questions? Just ask them in the comments box below and I will respond!