General Real Estate Info

Sept. 22, 2020

The Cost of a Home Is Far More Important than the Price

 

The Cost of a Home Is Far More Important than the Price | MyKCM

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported:

“Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year ...

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Aug. 31, 2020

Three Ways to Win in a Bidding War

 

Three Ways to Win in a Bidding War | MyKCM

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently ...

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Aug. 29, 2020

Two Big Myths in the Homebuying Process

 

Two Big Myths in the Homebuying Process | MyKCM

The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals:

“The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American ...

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Aug. 27, 2020

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

 

Why Is It so Important to Be Pre-Approved in the Homebuying Process? | MyKCM

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s ...

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Aug. 26, 2020

Should You Buy an Existing Home or New Construction?

 

Should You Buy an Existing Home or New Construction? | MyKCM

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ...

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Aug. 19, 2020

Current Buyer & Seller Perks in the Housing Market

 

Current Buyer & Seller Perks in the Housing Market | MyKCM

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top ...

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July 28, 2020

Types of Income that you cannot use to get a loan

This is from a lender that I use a lot and some of these are kind of funny to try and use as income.... 😂 

  • Student Loan Money – Oh yes lenders get this one often and no that is not an acceptable source of income. 
  • My Mom and ...
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July 6, 2020

Pre-Foreclosure?

Are you late with your mortgage payments and are facing foreclosure? 

Have you missed a few mortgage payments and the bank is now threatening to file an NOD (Notice of Default) or have they already filed it?  

Don't immediately go to the worst case scenario and know ...

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April 27, 2020

Forbearance Information

I just wanted to post a resource so you can understand what a mortgage forbearance is before you take that route.  I know it sounds like a good idea now, but paying back all those missed payments can be an issue later on. If you can continue to pay, I ...

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March 10, 2020

What Inspectors should I have inspect my home

When I am purchasing a home, what inspectors should I have come check it out.  

I always recommend starting out with a good general home inspector so they can give the entire property a once over.  From there, they will point out any defects they see and any areas ...

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