The Truth About Credit Scores and Buying a Home

Your credit score plays a big role in the homebuying process.

Your credit score plays a big role in the homebuying process.
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried…
There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
South Florida home sellers have become spoiled, and I am one of the guilty parties. The market is hot enough at the moment where we are seeing many sellers restrict the terms that they are willing to accept on their homes to conventional financing only, or cash buyers. In some instances, cash-buyers only! I must…
With so much talk in the news about the Shadow Inventory of homes I wanted to take a moment to look at the data to see if the hype is living up to reality. What we’re seeing is that the states that were hardest hit by the foreclosure crisis, namely Florida in particular, actually worked…
One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale.
Thinking about selling your house and wondering if now’s a good time to do it?