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How to Shut Down Housing Market Fear in 3 Simple Responses

BAM Media

If theyre relying on randoms spreading sensational news with zero accountability, they will be misled. 1: Foreclosures & Bankruptcies Still Below Pre-Pandemic Levels Consumers still worry that were heading for a repeat of the Great Recession of 2008. And at 3.53%, its still below pre-pandemic levels.

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Homebuying Strategies in Uncertain Times: Expert Q&A

The Mortgage Report

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

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How to Get a 203k Loan in 6 Steps (And What Else to Consider As a Buyer)

HomeLight

The total 203(k) loan amount can be either 110% of the home’s estimated value after repairs are done, or for the sales price of the home, plus whatever estimated repairs will cost — whichever amount is lower. Another cap on the loan amount involves the regional FHA loan limit. Who is eligible for a 203(k) loan?

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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Understanding the mortgage process, including prequalification and pre-approval, is also essential. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure. It is essential to prepare for the mortgage pre-approval process.

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Colorado Springs Will be the Hottest Housing Market in 2025

Marco Santarelli

Government-Backed Loan Programs: The availability of programs like VA and FHA loans makes it easier for certain populations to buy homes in these markets, leading to increased homeownership. New construction also plays a role in adding more inventory, creating a healthy market dynamic.

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5 Mistakes First-Time Homebuyers Make (and How to Avoid Them)

Marco Santarelli

Not Saving Enough for a Down Payment: Many assume a 20% down payment is mandatory, but with options like FHA loans, you might be able to secure a mortgage with a smaller down payment. However, remember that a larger down payment often means lower interest rates and monthly payments.

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The Ultimate Guide to Buying a House in Florida

Redfin

The state has seen a significant increase in new construction, with builders developing homes in both urban and suburban areas to meet the demand for housing. Get pre-approved from a lender Before you start looking for a house in Florida, you first need to pre-approved for a mortgage.