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[…]
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[…]
If you live in Virginia Beach or other Virginia cities, read this: If Millennials could, they would have it all. For instance, a brand-new apartment with amenities like a pool, gym and built-in washer and dryer. The reality is many can’t afford the life they want or expect. That’s why pre-approval is so important. When clients Read more about Virginia Beach: First-Time Homebuyers Need Realistic Expectations About Mortgages[…]
First-time homebuyers, particularly in Norfolk, have questions about the process and will not hesitate to ask you. Then, they will go one step beyond and research the answer online to check your accuracy. The lesson with Millennials: know your stuff ahead of time and, if possible, link them to articles, guidelines and further information. They will appreciate your thoroughness. Featured photo: Vadar Systems Read more about First-Time Homebuyers Will Try to Outsmart You[…]
CNN Money reported this week that some homeowners are becoming landlords. Why? Many homebuyers in Virginia Beach, Norfolk and Chesapeake, have a low interest rate on their mortgage, which makes it attractive to keep the property (as rental/investment) for additional income. Depending on the loan program and investor requirements, both housing payments (investment and proposed primary Read more about Using Rental Properties Income to Qualify for a Mortgage[…]