reno sparks first time home buyer
What Are Closing Costs? Part 1: Recurring Closing Costs
This begins a five part series covering closings costs in Nevada real estate transactions. This series is prefaced with the fact that many closing costs are negotiable and customary costs can differ from city to city. This series is a general overview of what to expect at the closing table. Part 1: Buyer’s […]
Why won’t the seller accept my offer?
Why won’t the seller accept my offer? It’s full price…. As a buyer it can be frustrating when a seller rejects, counters, or accepts another offer. To battle this headache here are a couple reasons why your offers are not being accepted. 1. The property is listed below market value. The list price is […]
5 Reasons for Pre-Approval
Potential buyers have heard of it…. thought about it…. but some refuse to do it. “We’ll worry about that when we find a house.” “Our credit is fine. It will work itself out.” “I don’t want to give out my financial information, yet.” Those, among others, are reasons we have heard from reluctant potential buyers […]
Is It Really Cheaper to Rent Than Buy?
Should I rent or buy in Reno and Sparks, NV?
Fannie Mae HomePath Buyer Incentives
Fannie Mae has rolled out their newest incentive for home buyers. We’ve seen Fannie do this before with up to partial closing costs paid for or bonuses to buyers agents but their new program will really help out home buyers with limited funds. The current program offers home buyers a concession up to 3.5% for […]
Down Payment Assistance for First Time Home Buyers
Well…. the Home At Last Bond Program ran out of money a few months ago but has been replaced by a new program. Currently, the Nevada Rural Housing Authority is offering the Home At Last Wish Program. This first time home buyer program is being run in partnership with Heritage Bank of Nevada and offers […]
Weekly Reno/Sparks Market Update for 2/11/2011
Welcome to our weekly market update for the Reno and Sparks, Nevada area. Interest rates rose again to 5.05% on a 30 year fixed rate with .7 of a point according to Freddie Mac. Bankrate.com This is a dramatic jump from 4.81% last week and the highest interest rate since April 2010. A mortgage amount […]