Tag Archives: first time home buyers

Financing a Condo? Recent Guideline Changes Could Make a Big Difference

Fannie Mae recently made some fairly big changes to the condo underwriting process.  While it may not affect everyone in the market for a condo, it will make all the difference for others.  MND community member Ted Rood provided this … Continue reading

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Non-QM and Digital Products; Global Events Driving our Capital Markets

Plenty of people I know agree with the this Forbes article titled, “We Have Learned Nothing From The Mortgage Market Meltdown.” Builders are reducing labor costs by using premanufactured products that also require low maintenance. And what’s not to like about taking … Continue reading

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How Homeownership Affects Household Wealth

It is conventional wisdom that homeownership is key to household wealth, and the National Association of Home Builders makes a convincing argument for that theory in its Eye on Housing blog.  Jing Fu used data from the Federal Reserve’s 2016 Survey of Consumer … Continue reading

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Consumers: On-Line Mortgage Info Convenient, not Trustworthy

While it sometimes seems as though Americans live online, there is still apparently one area where they still value human contact. A recent survey conducted by Fannie Mae found borrowers continue to put a lot of trust in their real estate … Continue reading

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Real estate market in Las Vegas rising from the grave

Left for dead during the recession, the Las Vegas real estate market has come back to life over the past few years. Buyers are picking up new and used properties. Homeowners are getting above water. Developers are building apartment complexes. … Continue reading

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NOW THAT I’M IN ESCROW, WHAT COMES NEXT?

1. The three major Buyer contingences are: (1) HOA resale package & Seller Real Property Disclosure (SRPD) approval, (2) Home Inspection, and (3) Financing, if applicable. 2. Escrow will be opened and we will verify that the earnest money deposit … Continue reading

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Program helps first-time homeowners with down payments

Students participate in a homebuyer class at Neighborhood Housing Services of Southern Nevada at 1849 Civic Center Drive in North Las Vegas. An initiative is offering more than $1 million for down payment assistance to purchase a primary, owner-occupied residence … Continue reading

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