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How To Get an FHA Single Unit Approval on a Condo
Are you looking to buy a condominium and planning to finance the purchase with an FHA loan? If so, there’s good news: You’ll have a...
Christopher Breland
Aug 20, 20218 min read
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How to Find FHA-Approved Condos And Why Not All HOAs Have It
FHA home loans offer many benefits, and they’re designed to make homeownership accessible to more homebuyers. Consider: You can put as...
Christopher Breland
Aug 19, 20218 min read
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FHFA Eyes Low-Income and Minority Housing Goals for 2022-2024
The Biden Administration is pursuing another new strategy to increase homeownership in low-income and minority communities. The Federal...
Christopher Breland
Aug 19, 20212 min read
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Lumber Prices Hit a One-Year Low. Will Home Prices Drop Too?
Homebuyers are hoping that falling lumber prices will bring down home prices. They may need to curb their expectations. Random Length...
Christopher Breland
Aug 18, 20213 min read
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Can You Refinance a Reverse Mortgage Loan?
A reverse mortgage provides flexibility to older homeowners, allowing them to convert their home equity into cash. The biggest advantage...
Christopher Breland
Aug 18, 20219 min read
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What is the “Fed Taper” and How Will it Affect Home Buying?
The window for exceptionally low interest rates may be closing sooner than expected as Federal Reserve officials discuss reducing their...
Christopher Breland
Aug 17, 20213 min read
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Funding Date vs Closing Date: When Do I Get the Keys to My House?
The day you found your home was an important one. The day you chose to purchase the home was also a big day. But the closing day is...
Christopher Breland
Aug 17, 20219 min read
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Complete Guide to FHA Manufactured Home Loans
In the market for a manufactured home? They can be attractive solutions when you’re house-hunting, since they can be more affordable than...
Christopher Breland
Aug 16, 202111 min read
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Uptick in FHA Loans Is an Encouraging Sign for First-Time Homebuyers
For first-time homebuyers struggling to find a foothold in the competitive housing market, there is a glimmer of hope in the recent...
Christopher Breland
Aug 15, 20212 min read
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Feeling Pressure to Buy Just Any House? Beware Homebuyers’ Remorse
Even in the best of times, buying a home is fraught with excitement and uncertainty. But in 2021? The pressure is on, and you may feel...
Christopher Breland
Aug 13, 20219 min read
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Feeling Pressure to Buy Just Any House? Beware Homebuyers’ Remorse
Even in the best of times, buying a home is fraught with excitement and uncertainty. But in 2021? The pressure is on, and you may feel...
Christopher Breland
Aug 13, 20219 min read
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Fannie Mae: On-Time Rent Payments Will Help Homebuyers Qualify
Getting approved for a mortgage is about to become a little easier for homebuyers with limited credit history. The Federal Housing...
Christopher Breland
Aug 12, 20212 min read
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FHA vs VA Loan: Which Mortgage Is Right for You?
If you’ve been researching home loans, you’ve likely come across the acronyms FHA and VA. While all the different terms and acronyms you...
Christopher Breland
Aug 12, 202112 min read
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Purchase Loans Surpass Refinances for the First Time in 18 Months, But That Won’t Last Long
For the first time in the pandemic-era, home purchase made up a larger share of mortgage activity than refinances. According to the...
Christopher Breland
Aug 11, 20212 min read
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The Basics of Buying a Second Home in Another State
How to buy a second home in another state Buying a second home in another state is quite common — especially these days, when many people...
Christopher Breland
Aug 10, 202110 min read
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5 Signs the Housing Market Is Cooling to a New Normal
Homebuyers may have a little more elbow-room in the coming months as key housing indicators suggest a market cooling from white to...
Christopher Breland
Aug 10, 20213 min read
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What Does It Mean When a Mortgage File “Moves to Underwriting”?
You’ve applied for a mortgage loan, gotten preapproved, and even had your offer accepted on a house — no easy feat in today’s market. Now...
Christopher Breland
Aug 10, 20217 min read
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Home Appreciation is Slowest in These Metros — But the Bar Is High
In a housing market featuring double-digit annual home appreciation, it’s near impossible to find an area where home prices aren’t...
Christopher Breland
Aug 9, 20213 min read
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How Long Does It Take To Buy a House?
Most people need at least a few months to buy a house. The average closing time in the U.S. is 53 days, according to Ellie Mae. But...
Christopher Breland
Aug 9, 202114 min read
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What Does a Home Warranty Cover and Is It Worth It?
As you go through the homebuying process, you learn new things about your house. Inspections reveal the good and the bad about your home,...
Christopher Breland
Aug 6, 20218 min read
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