Buying season is upon us and many are wondering if they could be in the market for a new condo or residential property. With the economic recovery gaining some traction, mortgage lenders are beginning to accept and approve loan applicants that only a few months ago were declined due to borderline credit risk. On March [...]
Falling Mortgage Rates and Climbing Myrtle Beach Home Values
March 9, 2013 by Leave a Comment
The prime window of opportunity to purchase a new house or condo in Myrtle Beach seems to be remaining open for the time being. If you’ve been debating with the idea of searching for a new home or condo, now is the time to make the leap and start the search for your new home, [...]
Basic Home Financing Terms
May 29, 2012 by Leave a Comment
Whether you are looking to refinance, buy a primary home, or purchase a vacation get-away, understanding basic home financing terms is crucial to your real estate success. Here are a few terms to get you started. Interest Rate The interest rate is the number used to calculate the interest payment the borrower owes the lender [...]
The Signs of An Improving Housing Market
March 12, 2012 by Leave a Comment
Paul Dales, top economist for Capital Economics Ltd. commented recently about the improving housing market, saying, “The bottom is behind us. I don’t think we will return to anything like the exceptional booming market we had five years ago (but) we will have a very steady, slow recovery, but a recovery nonetheless.” There are several [...]
Is My Loan Really Approved?
March 5, 2012 by Leave a Comment
In today’s real estate market your loan approval plays a pivotal role in negotiations and offer acceptance. Securing a firm loan commitment from your lender is the key to not only a successful closing of your new home but an advantage in negotiating the best price. It also puts you in the best position to [...]
