What's the Easiest Way to Get Approved for a Loan?

There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (678) 488-8927 for a FREE home buying or selling consultation to answer any of your real estate questions.

In the past year, we have seen historically low interest rates and a ton of brand-new, low-down payment financing options for mortgages. While the rates are still low and affordable, the biggest hurdle some people have to overcome is actually getting qualified for a loan.

We want to make sure you get approved from the start, so we have compiled a list of 3 fundamental requirements that you will need to qualify for a loan. If you take care of these 3 things, there is a great chance that you are on your way to buying a new home. Here they are:

1. You must have a steady income, and no job changes in the last 2 years. 
2. Your credit score must be high. Generally, a score over 650 is good, but a lot of programs require scores in the 700's.
3. You need to be able to afford a down payment, which can be anywhere from 3% to 20% of the home price.

If you have any questions for us, be sure to give us a call or send us an email. We look forward to hearing from you!
 

What Wll the Market Look Like in 2015?

There are many great Atlanta area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (678) 488-8927 for a FREE home buying or selling consultation to answer any of your real estate questions.

Hello again, and thanks for joining me. Now that 2014 is over with, what do we expect for real estate in 2015? Here are four predictions I have about what we will be seeing in the real estate market over the year: 

1. Interest rates will remain low
I don't think the feds can, or will, increase interest rates by much this year, if at all. 

2. Inventory levels will stay the same
Builders are reluctant to build too much right now, and people who don't need to sell, won't. Levels may rise a tad, but only until the market is stabilized. 

3. Sales will vary by neighborhood
This one is a given, as homes in good school districts are going to have higher prices on them. 

4. Prices flatlining
Because we are seeing an increase in inventory, prices will likely be flatter than they were in 2014. 

Thanks for checking our blog today. If you'd like a report on what the market looks like in your specific neighborhood, make sure to give me a call, or send me an email. Thank you again, and happy 2015 to you!