Scrubbed for years and still unable to get clean looking grout? Ready to rip up the tile in your home so you can have fresh looking grout?
Hold that thought, because Sherry Petersik at YoungHouseLove.com found another way. Read on from the original article...
Do your mornings start with "I don't have anything to wear" fits? Having trouble finding that cute top that'd be perfect for the park today?
Then it's probably time to reorganize your closet. Brightnest.com maps out your closet organization project from start to finish.
1. First, start with an audit to determine what clothes you’d like to keep, and what you need to toss. Go through your closet one item at a time and ask yourself the following questions:
read more at the original article...
Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home.
Myth #1: “I Need a 20% Down Payment”
Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 76% of Americans either don’t know (40%) or are misinformed (36%) about the minimum down payment required.
Many believe that they need at least 20% down to buy their dream home. New programs actually let buyers put down as little as 3%.
Below are the results of a Digital Risk survey of Millennials who recently purchased a home.
As you can see, 64.2% were able to purchase their home by putting down less than 20%, with 43.8% putting down less than 10%!
Myth #2: “I need a 780 FICO Score or Higher to Buy”
The survey revealed that 59% of Americans either don’t know (54%) or are misinformed (5%) about what FICO score is necessary to qualify. Many Americans believe a ‘good’ credit score is 780 or higher.
To help debunk this myth, let’s take a look at the latest Ellie MaeOrigination Insight Report, which focuses on recently closed (approved) loans. As you can see below, 54.1% of approved mortgages had a credit score of 600-749.
Whether buying your first home or moving up to your dream home, knowing your options will definitely make the mortgage process easier. Your dream home may already be within your reach!
As an "Old Millennial" and a Realtor, I can attest that we older Millennials are dominating the first-time homebuyer category. Millennials are swooping in and stealing the best homes at the best price.
That's why it is important to a have a professional real estate agent representing you as the buyer to give you the best shot of winning the home of your dreams when multiple buyers are submitting offers on the same home.
Call me today to find out what strategies I use to help homebuyers (508)210-6500.