Good news this week that the loan limits for a conforming loan is increasing for 2019. It’s worth understanding what conforming loans are, what the changes are and how it may impact buyers in our real estate market.
What’s A Conforming Loan?
One of the ever-present questions in real estate is “is now the right time to buy?” There are so many variables that people can look at. Some will confidently support “no” while others will champion “yes”. So how to make that decision on if it’s the right time to buy? Ultimately, it’s a personal decision, but there are some sold financing points that are worth taking a look at in order to make a well-informed decision.Read More
So you’re thinking you might be ready to be a first time homebuyer? That’s so exciting – and totally overwhelming. Where do you start? How much is it going to cost you? How do you make sure you can get the home you want?
Take a deep breath, I’ve got you covered. These 5 tips will help you to be ready to roll once you get serious about finding your first home.
Make A Hobby Out Of Open Houses
Long before you start actively looking for a house, you should start going to open houses. It can be your weekend thing – a hike, brunch, open houses. So why would I tell you to go to open houses if you’re not remotely close to being ready to buy a place? Think of it as similar to an SAT prep class – you’re not ready for the final exam, but you are ready to learn how to take the test.
Growing up in the small Menlo Park neighborhood of Felton Gables, 4th of July was a big deal. A really big deal! We had the greatest neighborhood party – all the kids would gather at our house to make homemade ice cream, then run home to decorate themselves and their bikes for the parade. We had face painting, games, hula-hoop competitions and neighbors coming together to support each other, cook for each other and celebrate our country and our neighborhood. It goes without saying that 1976 was the biggest one of them all.
It was pretty idyllic.Read More