Jeremy Walsh Real Estate

Are you buying a home in 2012? If yes, we have three mortgage tips for you to use as a homebuyer. Read below to get started.

Getting a mortgage loan is difficult in this economy but you can still get a mortgage with a good rate in 2012. Here are some tips to help you:

Look at Your Credit

If you have good credit, it will help you secure a mortgage at a decent rate. Have copies of your credit score and credit history from all three main credit reporting bureaus. Be sure there are no errors on your credit report before you apply for mortgage. A lender requires a minimum credit score of 680 on most homes. You should not have a credit score under 620 if you want to qualify for a home mortgage.

Be Prepared

You should have the basic documents you need for a mortgage application. Also you should have your last two pay stubs, W-2s, income tax returns and bank statements before visiting the lender’s office. You should have all these materials saved in an electronic format, in case you need to resend materials.

Know Your Affordability

Never rely on a lender to tell you how much you qualify for a mortgage. Never borrow the maximum amount on a mortgage loan. Have a budget planned in advance and have a little extra saved  in case unexpected expenses come up. You should use a bank-rate calculator to determine your affordability and estimate your monthly house mortgage payments.

If you have any questions, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for You!

You can also follow me on Facebook, Twitter and LinkedIn as well!

Source: 12 Mortgage Tips for 2012 Homebuyers

Are you looking for ways to make your real estate investment be a profitable return for you? If yes, we are here to help by providing you five real estate tips to maintain your real estate investment profitability. Read below to get informed.

Homes Increase In Value Over Time

As the economy demonstrates, home prices will not only go up in value but can go down in value because of the worth of a dollar. You should always buy a home you can afford and put a big down payment upon. Make sure your monthly payments are affordable for you.

Buy Low

If you have the money, now is a good time to buy a home because of the high affordability. Buy one you plan to stay in long-term. The prices are low right now and you have a better chance to bargain interest rates. Your home will be one of the top best investments you will ever make in life.

Never Wait Too Long To Take Advantage of Low Prices

You should never hesitate to invest in a home that is at a low price, especially when you adore the home. Economic markets are volatile and you will never predict how long the prices for homes will stay low.

Three Elements to Owning a Home the Smart Way

When buying a home you need to look at fixed mortgage, affordable payments and long-term hold. You need to always search for a meaningful down payment and make sure you get a fixed monthly payment that is compatible with your income. Never buy something that you will not be happy with in the long-term.

Buying Your Dream Home Can Be A Nightmare

A dream home is often very pricey and comes with adjusting mortgage payments, and unsustainable monthly payments. Never allow your eyes to be bigger than your wallet. Put yourself in house you can afford rather than a house that is only possible in a dream.

If you have any questions, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for You!

You can also follow me on Facebook, Twitter and LinkedIn as well!

Source: Five Real Estate Tips From Warren Buffet

Are you looking to sell a home in 2012? If yes, we are here to help you successfully do that and keep you out of debt with 3 reliable real estate tips for 2012. Read below to get started.

Price It Right From The Start

If you are a seller, holding out for a better offer may not work in this present economy. Homes are taking four months or more to sell and most are sold for less than 90% of the asking price as confirmed by the National Association of Realtors. Make sure your Real Estate agent puts your home pricing as the most recent comparable sales, including short sales and foreclosures. This will help you sell your home faster without losing as much value.

Put Your Best Footage Forward

If you are selling your home make sure you remodel a little to make your home more attractive on the market. Plant some flowers, install some new windows, and pressure wash your oily driveway. This will make buyers want to buy your home because of its attractiveness.

Be a Good Negotiator

Always be ready to negotiate with buyers. You should offer extra incentives such as closing costs, paid property taxes, remodeling work or seller financing. Learn to make buyers happy so that they may buy from you.

If you have any questions, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) on your side to handle all of the important details for You!

You can also follow me on Facebook, Twitter and LinkedIn as well!

Source: 12 Reliable Real Estate Tips for 2012

Are you buying your very first home this New Year? If yes, we are here to help by providing you the top 3 tips for buying your first home. Read below.

If you are no longer a fan of the rent game, it is time to become a homeowner. But before you start, read the following tips on being successful in the home buying process:

Check Your Credit Score and Be Ready For A Long-term Commitment

Becoming a homeowner is no short-term deal. You should expect to live in your home for at the least three to five years or longer. Be sure you are being realistic when picking your home. It is okay to dream big but make sure you can comfortably afford living in the home you choose.

Lenders will decide on your mortgage qualification based on your income, assets, debt to income ration, your savings, and your job stability. And above all, they will look at your credit score. Borrowers with scores of 720 and over are given the privilege of paying the lowest mortgage rates. If your credit score is under 620, you will not qualify for a mortgage until you improve your score.

Set a Housing Budget

After a lender tells you how much you can borrow, you should budget your income and spending. Ask yourself what you are willing to spend on a housing payment. Financial experts suggest you spend a maximum of 30% of your gross monthly income on principal, interest, homeowners insurance and taxes.

Start Saving and Stop Spending

Make sure you start a savings in advance before you start searching for a home. You can get an estimate of your mortgage payment and start saving the difference between the payment and your current rent cost. If you do not have a big savings, expect to have a higher housing payment.

If you have any questions, please contact Jeremy Walsh Real Estate by calling 443-610-5722 or click here today!

You need to be exclusively represented and have Jeremy Walsh (located in Baltimore, Maryland) On your side to handle all of the important details for You!

You can also follow me on Facebook, Twitter and LinkedIn as well!

Source: Top 10 Tips For Buying Your First Home