The latest numbers from mortgage analysts Ellie Mae show that the average FICO score of approved conventional mortgages is 732. If a borrower has low credit scores (650 and under), then that average FICO score could seem like a chasm between them and the home they want to buy. But just because the average credit … Continue reading 3 Types Of Loans To Go For If You’re Credit Challenged
Question: We are selling our house and have just received an offer to purchase. The offer contains a contingency for the buyer to obtain a home inspection report. The buyer is asking for a general inspection contingency, but our real estate broker is advising us to use the specific inspection contingency. Can you explain the difference … Continue reading Don’t Fight The Home Inspection
If you haven't checked your home's value lately, you're likely going to be surprised. A lot of people are! After the Great Recession of 2008-2010, housing values took an unprecedented hit. But since then, property values in Oklahoma and Cleveland Counties have consistently risen over the past 5 to 6 years. What does that mean … Continue reading Have You Checked Your Home’s Value Lately?
If you're in the process of buying a home, you've probably already met with a lender who advised you on what to do and what not to do during the escrow process. But if you're just getting ready to buy or plan on doing so in the near future, following a few financial tips can … Continue reading Financial Don’ts When Getting Ready To Buy A Home
Based on the inventory of homes available to sell in Cleveland County, Oklahoma, now is the ideal time to maximize your investment and list it for sale. Currently there are 416 homes for sale in the $200,000 to $300,000 price range. Over the past six months, 546 homes have sold in that same price range. … Continue reading Is Your Home Valued between $200K & $300K? If so, NOW is the time to sell