Attention first-time homebuyers in Virginia Beach, Norfolk and Chesapeake residents! Lenders want to see a two-year work history at the same company and with a consistent schedule. If a person changes companies but stays in the same industry, there should be no problem. Further, if the person continues to advance in income or benefits within Read more about How Does Employment History Impact My Mortgage?[…]
I often hear first-time homebuyers say they don’t think they can afford to buy a home — especially millennials who may have a lot of debt (ex: student loans). If you live in Hampton Roads (Virginia Beach, Norfolk and Chesapeake), you have options to get a mortgage that are easier than you think. You might have Read more about How Much is a Down Payment for a Mortgage?[…]
At long last, we’ve reached the end of the 15-point list! I hope all the points give you deeper insight into the mind of a millennial homebuyer. They are young, sure, but smart enough to do their research and serious enough to do what it takes to buy a home. In short, millennials want real estate professionals who are reliable, transparent Read more about First-Time Homebuyers are Young, Smart and Serious about Home Buying[…]
“Love It or List It.” “Rehab Addict.” “House Hunters.“ All entertaining shows, sure, but channels like HGTV and DIY have given millennials a distorted perception on the homebuying process. Now, young people think they can have all the upgrades and get a deal. I know my friends in Virginia Beach and Norfolk love theses shows, but there Read more about First-Time Homebuyers are Skewed by HGTV, DIY[…]
Attention first-time homebuyers in Norfolk and cities everywhere: The old-school process is yesterday’s news: print out the document, sign it, scan it and then email it back. Millennials avoid paper as much as possible. Plus, there could be issues printing correctly or someone forgets to bring all the necessary documents to a meeting.When possible, stick Read more about First-Time Homebuyers, Mortgages and Documentation[…]