by Bloomington Board of REALTORS® | Feb 27, 2018 | Buyers, Home Buying Process
Know that there’s no “right” time to buy. If you find the perfect home now, don’t risk losing it because you’re trying to guess where the housing market and interest rates are going. Those factors usually don’t change fast enough to make a difference in an individual...
by Bloomington Board of REALTORS® | Feb 27, 2018 | Buyers, Money Matters, Money Matters for Buyers, Mortgage & Finance, Realtors® & Affiliates
Loan terms, rates, and products can vary significantly from one company to the next. When shopping around, these are a few things you should ask about. General questions: What are the most popular mortgages you offer? Why are they so popular? Are your rates,...
by Bloomington Board of REALTORS® | Feb 27, 2018 | Buyers, Money Matters, Money Matters for Buyers, Mortgage & Finance
Investigate local, state, and national down payment assistance programs. These programs give qualified applicants loans or grants to cover all or part of your required down payment. National programs include the Nehemiah program, Getdownpayment.com, and the American...
by Bloomington Board of REALTORS® | Feb 27, 2018 | Buyers, Negotiations, Realtors® & Affiliates
Do you belong to a professional association? There are many associations for home inspectors, but some groups confer questionable credentials or certifications in return for nothing more than a fee. Make sure the association your home inspector names is a reputable,...
by Bloomington Board of REALTORS® | Feb 27, 2018 | Buyers, Money Matters, Money Matters for Buyers, Mortgage & Finance
Every lender requires documents as part of the process of approving a mortgage loan. Here are documents you’re generally required to provide. W-2 Tax returns — or business tax returns if you’re self-employed — for the last two or three years for every...
