Category: Buying a Home

Top 10 Mortgage Tips

Posted by Benchmark - March 31, 2014 - Buying a Home Top 10 Mortgage Tips

When getting a mortgage, you should do your research and know how to proceed wisely. For most inexperienced buyers, this is hard. However, if you can follow these top 10 mortgage tips for borrowers, you will land the best mortgage at the lowest APR. 1. Document Above all else, when you want to borrow a […]

Read More

Top 10 Tips When Building A New Home

Posted by Benchmark - March 5, 2014 - Buying a Home Building a House

Top 10 Tips When Building A New Home A lot of people don’t want to buy a house that’s on the market. They want their house to truly be their own. In some of these cases, these people will probably look into building their own home. This is an option that some people may not […]

Read More

How much cash do I need to buy a house?

Posted by Benchmark - February 20, 2014 - Buying a Home house and money

One of the first questions potential home buyers ask is “how much cash do I need to buy a house?” Most of the time, some cash will be needed for a down payment and closing costs. The exact amount of cash will depend on several factors, including the type of loan. Conventional loans A conventional […]

Read More

First Time Homebuyer Tips from 7 Top Mortgage Professionals

Posted by Benchmark - January 6, 2014 - Buying a Home first time home buyer tips from mortgage pros

Purchasing your first home will be one of the most exciting times of your life. It will most likely be the largest investment that you ever make. It is where you will entertain friends and family, and it is where you will go to rest and relax each evening. With so much at stake, it […]

Read More

What Is An Escrow Account?

Posted by Benchmark - January 2, 2014 - Buying a Home what is an escrow account

Often you will hear the term “escrow account” when applying for a mortgage. Often the criteria for whether or not an account is required is tied to the percentage of down payment made for the mortgage. What is an escrow account? Your lender will add on an amount to your monthly mortgage payment which flows […]

Read More

Top 10 Reasons to Hire a Real Estate Agent

Posted by Benchmark - November 28, 2013 - Buying a Home, Infographics, Real Estate Market, Selling a Home top 10 reasons to hire a realtor

Today we feautre an infographic on the top 10 reasons to hire a real estate agent: Courtesy of: Park City Real Estate – JensenandCompany.com

Read More

What is a Mortgage Payment?

Posted by bmadmin - April 16, 2013 - Buying a Home what is a mortgage payment

One of the best long-term decisions that a person can make is purchasing a new home. While the value of a home may go up and down over a short period of time, home values have always increased over the long-term and have proven to be a great way to build personal equity. To purchase […]

Read More

Survey Shows Homeownership Is Still The American Dream

Posted by bmadmin - March 18, 2013 - Buying a Home, Real Estate Market Homeownership Is Still The American Dream

It seems that Americans are continuing to dream of homeownership, at least according to JPMorgan Chase‚Äôs recent survey. A total of 87% of those surveyed said owning a home is something they dream about. “Owning a home is at the heart of most Americans’ dreams,” said Kevin Watters, CEO of mortgage banking at JPMorgan Chase. […]

Read More

More Americans Confident They Can Get Mortgages

Posted by bmadmin - December 10, 2012 - Buying a Home, Real Estate Market Americans confident they can be home owners

The housing slowdown may have been accompanied by an inability for potential homeowners to obtain mortgages, but the latest Fannie Mae National Housing Survey shows movement on the mortgage consumption-front. For the month of November, 51% of survey respondents said it would now be easier to obtain a mortgage. This larger vote of confidence suggests […]

Read More

Is Now the "Perfect Storm" for Home Buyers?

Posted by bmadmin - September 27, 2012 - Buying a Home, Real Estate Market

Barry Habib with Mortgage Market Guide was a guest on the CNBC show Squawk Box yesterday and shared some great insight on why now is the “perfect storm” for homebuyers. He points to three big reasons all renters should jump into homeownership: 1. Rent rates are increasing in some markets. It is becoming increasingly more […]

Read More