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House prices have melted up 30% over the past two years with the price of existing homes increasing from $275,000 in December 2019 to $358,000 in December 2021.  Mortgage rates have been moving up and the market expects more rate increases this year.  Does it still make sense to buy a house or have you missed your chance?

Let’s review a few benefits of owning a house that remain true today:

1) Your mortgage payment is fixed for 30 years.  Meanwhile, .............

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FHA and VA (for Veterans) are great mortgage programs that make the dream of homeownership available to many Americans.  The US government sponsorship of these programs is key because without mortgage insurance, lenders would never accept a 3.5% down payment (FHA) or 0% down payment (VA).  Because the government sponsors these mortgage programs, they .............

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The Dream America Program is just for people with bad credit, right?  WRONG. 

Clients that are mortgage-ready but need to sell their current home before they can buy a new house love Dream America.  Why does that happen?  One of the criteria every mortgage lender looks at is a borrower's "debt to income ratio".  To calculate this, they add up your monthly payments - mortgage, car, credit card, etc and divide it by your income.  If .............

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You are pre-approved for a mortgage. After a time-consuming house search, you have an accepted offer on the house you want!  Everything is progressing through underwriting and heading to close.  Then the dreaded call from the mortgage lender comes…..”WE HAVE A PROBLEM.”  Maybe you are lucky enough to extend the closing and the problem is resolved.  Or maybe not.   And now you are frustrated and your .............

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The decision to lease versus lease to own is dependent on many factors given one’s personal and family situation and goals.  The best alternative may be for you to continue to rent and buy in the future.  However, if housing prices continue to rise, you will end up paying more in a year from now than you would today.  Perhaps your lease is ending and you need to move soon.  Leasing to own would allow you to move into .............

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Once your application is approved, you and your agent will receive an onboarding email with the steps needed to complete the process which includes a maximum home purchase price. The welcome email will explain that in order to secure your spot in our program, you need to immediately send $500 to Dream America. This is not an additional fee because it is credited back towards your 1st month’s .............

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