Finance

Feb. 19, 2019

One More Time… You Do Not Need 20% Down to Buy a Home

One More Time… You Do Not Need 20% Down to Buy a Home

One More Time... You Do Not Need 20% Down to Buy a Home | MyKCM

The largest obstacle renters face when planning to buy a home is saving for a down payment. This challenge is amplified by rising rents, which has eaten into the amount of money renters have leftover for savings ...

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Feb. 14, 2019

First Comes Love… Then Comes Mortgage? Couples Lead the Way

First Comes Love… Then Comes Mortgage? Couples Lead the Way

First Comes Love… Then Comes Mortgage? Couples Lead the Way | MyKCM

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2018 at 54% of all buyers. It is no surprise that buying a home is ...

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July 26, 2018

4 Reasons Why We Are Not Heading Toward Another Housing Bubble

 

With home prices continuing to appreciate above historic levels, some are concerned that we may be heading for another housing ‘boom & bust.’ It is important to remember, however, that today’s market is quite different than the bubble market of twelve years ago.

Here are four key metrics ...

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March 1, 2018

Are Home Values Really Overinflated?

Last week, the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report:

“The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s price increase marks the 71st straight ...

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Jan. 31, 2018

The 10 Commandments for Buyers Between Now and Closing

Imagine this:  

You have a well qualified buyer.  The loan process (and entire transaction) seems to be going so smooth. These buyers have all of their financial ducks in a row, have worked hard over the years to maintain great credit, they have all their information together, and provide any ...

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Dec. 14, 2017

Which down payment strategy is right for you?

You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from ...

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Nov. 18, 2017

Thinking of Buying Your First Home?

If you are a first time homebuyer, navigating all the new information about home ownership, the home buying process, and mortgages can seem overwhelming. If you are beginning the mortgage shopping process, but have no clue as to what information you’ll need and whether or not you’ll even qualify, here ...

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Oct. 12, 2017

The Advantages of Pre-Approval

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The Advantages Of Pre-Approval

The decision to purchase a home can be an exciting but sometimes confusing

undertaking. When beginning your search for the perfect home, there are a

number of factors that you will want to consider. Whether you are a first

time buyer or already own a ...

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