Davey & Associates Real Estate, Inc.

05/01/2024

Don’t assume that your down payment is the only thing you need to close on your mortgage loan. You’ll also need to cover closing costs before you take control of your property. Closing costs are expenses that go to your lender in exchange for arranging certain loan services.

04/03/2024

Giving earnest money signals to the owner that you’re serious about the offer. The deposit is typically equal to 1% – 3% of your total home loan value and goes toward your down payment. If you back out of the sale for a reason not listed in your offer letter, you’ll lose your earnest money deposit.

03/06/2024

Once you’ve decided on the type of home that’s right for you, you can begin to prioritize which features you want in your home based on your needs.

02/14/2024

02/07/2024

Now is not the time to open a new line of credit. When you apply for mortgage pre-approval, lenders will pull your credit report. If they find that you’ve taken out another loan or line of credit, your credit balance has increased or you’ve started to make late payments, it could risk your final approval.

01/10/2024

Before you jump right into finding that perfect home, get a mortgage pre-approval. It tells you exactly how much loan money you can get. Plus it gives you leverage when you negotiate.

01/01/2024

Wishing you a happy, healthy New Year. If you’re thinking of making a move this year, it would be my pleasure to be your real estate resource.

12/25/2023

Wishing you a very Merry Christmas and Happy New Year!

12/13/2023

It’s likely that your reason for purchasing a home is driven by emotion. Many home buyers get too invested in a home only to find out they can’t get the loan for it, or there are some significant issues.

12/07/2023

Wishing you a warm and wonderful holiday. May you have a blessed Hanukkah and new year!