It’s a seller’s market, and it’s not easy to make an offer within twenty-four hours to beat the crowd....If your search has faced competition, low inventory, or financial limitations, consider getting creative. These four unique housing options could help to cut costs so you can save faster for a possibly larger down payment.
Category: Buying a Home
Cost of Building Materials, Homebuilders, and the Housing Market – July 2021
The housing market has been as hot as the day is long. Are we finally beginning to see a cooldown? Although the housing market is still expected to favor sellers, we may be at a tipping point. Prices have risen so dramatically that buyers appear to be backing off, and home sales seem to have …
Mortgage Interest Rates Begin Their Ascent. But Is It Enough?
Are rising mortgage interest rates enough to cool a heating market? Will housing inventory make a rebound? Your Spring 2021 update.
The Math of Refinancing: Does It Make Financial Sense?
Is Refinancing always a good idea? That depends on who you are, and what your reason is for refinancing. In this post, I give an example so you can make your own informed calculations.
Tips For Home Buyers In A Low Inventory Market
Housing inventory is one of the factors that can dramatically affect the temperature of the real estate market. Less inventory means more potentially more competition and higher prices. Whether you’re a buyer or currently in the seller market, this can determine your strategy. Like most investments or assets, housing inventory can fluctuate anytime. This is …
Buy Now To Buy More: What Interest Rates Mean For You
An interest rate determines how much money must be paid in a mortgage payment. The higher the rate, the higher the interest payment. Do you agree that buying now really does mean buying more?
Benchmark brings you home during COVID-19
What do you do when you move away in process of buying a home during a worldwide pandemic, finding yourself in a hotel which you can't leave? Benchmark never quits.
Benchmark means equal access for everyone
Every day, we work hard to make sure that the "You" in our motto means everyone. We do not discriminate against any customer, and strive to provide a first-class mortgage experience for all.
Racism has no place in our society, and Benchmark is committed to providing equal access to everyone who desires the American dream of home ownership.
Is Buying A Home Really More Expensive Than Renting?
If you rent, you probably have good reasons. I bet that “paying my landlord’s mortgage”, “noisy neighbors”, or other caveats aren’t among them. Look, we know that owning isn’t right for everyone. As much as we write about why owning a home is better than renting, there are legitimate reasons for choosing to rent. For …
Owning A Home May Already Be Within Reach
Have you told yourself that you’re too _____ to buy a home? The blank could be almost anything. Whether you think you’re too broke, too poor, or your credit score is too low, are you allowing an invisible script to prevent you from attaining your dream of owning your own home? Just a side note: …