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JPMorgan Chase gets into the DSCR MBS game

Housing Wire

Continued strength in the rental market, punitive LLPAs from the Agencies and the continued growth of short-term rentals such as AirBnB and VRBO all contribute to this trend.” Their performance may depend on certain aspects of a property’s rental market (e.g., Rent growth has also slowed to 10.1% in April, according to CoreLogic.

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Mortgage, Mortgage, Mortgage: What First-Time Home Buyers Need to Know

Realty Biz

Documentation and the Pre-Approval Process Pre-approval is a must for anyone looking to purchase a home. Be sure to have all of your documentation in order and ready to go before starting the pre-approval process. When searching for someone to work with, be sure to read online reviews and do your due diligence.

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Zillow: How Your Buyers Can Score Their Dream Home

RIS Media

Here are some tips from Zillow for how your buyers can score their dream home despite the bustling market: Financing. Evaluate your current credit situation and make a game plan to clean up your credit score, if needed, prior to starting the pre-approval process.”

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. Keep in mind that the number of cash offers floating around fluctuates with the market and at different price points.

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Bidding Wars Galore: Tips to Make Your Offer Competitive

Dwell Real Estate

These are crazy times for our local real estate market. In a hot housing market, it’s often not enough to quickly make an offer on a house you just discovered. Get Pre-approved Pre-approval is a step most buyers will take anyway, but it’s absolutely essential for anyone in a competitive bidding situation.

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Bidding Wars Galore: Tips to Make Your Offer Competitive

Dwell Real Estate

These are crazy times for our local real estate market. We came across a great article in Forbes discussing how to navigate through a multiple offer situation and ways to put you in a better scenario to win the bidding war. In a hot housing market, it’s often not enough to quickly make an offer on a house you just discovered.

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How to Find the Best Real Estate Agent When Buying or Selling Your Home

Redfin

Congratulations, you’re in the market to buy a house. Get pre-approved: It’s also a good idea to get pre-approved on a home loan before you start. If you have plans to sell your current home, create a list of priorities that will prepare you for getting your home in order before it is put on the market.

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