Posts Tagged ‘homebuyingtips’
Sure, You Can Afford That House…But Should You?
September 8, 2025 How Affordability Shapes Your Home Search Affordability isn’t just about what lenders say you can afford, it’s also about if that mortgage payment fits comfortably in your monthly budget. Your income, current rent, and existing debts all factor into determining a realistic mortgage payment that won’t strain your finances. Understanding Your Comfort…
Read MoreDTI Made Simple: What Debts Do Lenders Really Count?
September 8, 2025 What is a Debt-to-Income Ratio (DTI)? Your debt-to-income ratio (DTI) is the number lenders use to determine how much house you can afford. It compares your monthly debts to your income and helps lenders evaluate your ability to manage mortgage payments. Every person’s DTI looks different, so it’s important to understand how…
Read MoreShould You Sell Your Car to Buy a House?
September 8, 2025 How Debt Affects Your Home Buying Power Your monthly debts directly impact how much house you can afford. Lenders consider your total debt obligations when determining your loan eligibility. Even small debts, like car payments or credit card balances, can reduce your purchasing power by tens of thousands of dollars. Understanding this…
Read MoreWhat’s Your DTI And Why Should You Care?
July 31, 2025 When you apply for a mortgage, lenders look at a lot of numbers, but your Debt-to-Income ratio (DTI) is one of the biggest deal-breakers (or deal-makers) in the whole process. Right up there with your credit score, this formula plays a major role in whether you qualify for a loan and how…
Read More5 Things Every First-Time Homebuyer Needs to Know Before You Buy
July 7, 2025 You Don’t Need 20% Down Many buyers still believe they need to put down 20%, but that’s simply not true anymore. There are many loan options that allow for much lower down payments, some as low as 3% or even 0% for qualified buyers. Closing Costs Can Be Covered Don’t let closing…
Read More5 Things You Should Ask Yourself Before Shopping For A Home
June 10, 2025 Buying a home is one of the biggest financial decisions you’ll ever make, and also one of the most emotional. Whether you’re a first-time buyer or a seasoned homeowner, taking time to reflect before you begin your home search can save you from costly mistakes and emotional burnout. Here are some important…
Read More5 Things You Need To Know About Down Payment Options
June 4, 2025 When you’re thinking about buying a home, one of the biggest questions on your mind is probably: How much do I need for a down payment? Good news—there are more options and resources than you might think. Let’s break down the five most important things you need to know about down payments…
Read MoreThe Ultimate Homebuyers Guide
Click Below to review Jeff Silver’s Homebuyers Guide!
Read MoreThe Most Important Question First Time Homebuyer Question Should Ask Themselves
April 14, 2025 Video Summary: How Much House Can You Really Afford? One of the most common questions buyers ask is, “How much can I afford?” But the better question might be: “What’s your comfort zone?” In this video, we explore how comfort level, not just lender pre-approval, should guide your homebuying budget. We also…
Read MoreMulti-Generational Homes: A Path to Homeownership
January 21, 2025 A trend I’m seeing among clients trying to achieve their dream of owning a home, but who feel they may be getting priced out of the market due to ever increasing home prices is this…they are pooling their resources with family members. It’s called “Multi-Generational Households” and it’s on the rise. As…
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