If youāre a millennial, then youāre probably a little tired of hearing all the criticism towards your generation. Buying avocado toast instead of saving money, always texting instead of callingātheyāre all pretty unfair generalizations. Another common criticism of millennials? That they never buy homes. But actually, that couldnāt be further from the truth! In fact, [ā¦]
Buying a home is a major decisionāone that you should spend plenty of time thinking about. But for many people, that thinking stage quickly becomes filled with anxietiesāabout money, about mortgages, about lendersāand they may decide to postpone their buying plans. At Linda Craft & Team REALTORSĀ®, we want to break some of the negative [ā¦]
Buying a home can be challenging, especially when you factor in low inventory levels in top cities like Raleigh. High demand and low inventory have created something of a sellerās market, and while conditions are slowly improving for buyers, the market is still tipped favorably towards sellers. But donāt give up! While finding a home [ā¦]
As you start saving for your next home, you may find yourself wondering: how much should I have for the down payment? While 20% is the most common number thrown out for your down payment, it really depends on the type of mortgage loan you take out. Some loans require a down payment of just [ā¦]
While renting has a number of unique benefits, it also has one big disadvantage in the Raleigh area: itās skyrocketing. While rent prices have gone up significantly every year since 2005, the average mortgage payment has actually decreased since then. In fact, according to Core Logic, the average rent has increased by 36% between 2005 [ā¦]
Interest rates are at a historic low. In fact, theyāve been on a slow decline since November of 2018, resulting in some of the best mortgage interest rates weāve seen in a while! In fact, these are the lowest theyāve been since January 2018. If youāve kept up to date on the Raleigh real estate [ā¦]
If youāre in the middle of buying a home in the greater Raleigh area, youāve probably already listened to a lot of unprompted advice. Home-buying, and real estate in general, is one of those topics that elicits some pretty strong opinions. At the end of the day, however, it all boils down to what you [ā¦]
Homeownership is closer than you think! If youāve long been considering buying a home in the greater Raleigh area, now is the time to act. You might be worried about the financial side to buying a home: the hefty down payment and the mortgage approval processābut itās really not that complicated. In fact, there are [ā¦]
If youāre thinking about buying a home in Raleigh, youāve probably checked your credit score at least once, and maybe even been a bit dismayed at what you found. The truth is, many would-be homeowners out there feel like their credit score has to be in the high-700s in order to buy a home. Luckily, [ā¦]
If youāre currently searching for a home to buy in Raleigh, chances are youāve already thought about applying for a mortgage. Obtaining a mortgage loan is a huge part of the buying process, as it has an enormous impact on how much you can afford and how much your monthly payments will be. As such, [ā¦]
