Stop for a moment and really think about this one: What are you looking for in your next home? The National Association of Realtors surveyed home buyers nationwide on the home features that are most important to them and found that home buying needs... (Read More)
The VA home loan program is an incredible benefit for our nation's veterans and active-duty military personnel. Have questions about this unique financing option? We have answers!
Who qualifies for VA mortgages?
The program is designed for... (Read More)
Are you looking for a home your children and pets will enjoy? You're not alone. Many people make home-buying decisions on the needs of not only their children, but their pets, too.
Surveys show that home buyers with children are looking for homes... (Read More)
The appraisal is an important part of the home buying process. But what happens if an appraisal comes up short of the agreed-upon selling price?
Here's an example: A home is listed for sale at $350,000. It's a multiple bidding situation, so you... (Read More)
Does your home have a laundry room? Energy-efficient appliances? A walk-in pantry? A patio or front porch? These are just some of the features home buyers want most, according to surveys conducted by the National Association of Home Builders. Also... (Read More)
How much of a downpayment do you need to buy a home? Less than you might think! Many people believe that in order to purchase a home, you need a 20 percent downpayment. Studies show it's one of the most enduring home buying myths.
In reality, the... (Read More)
When you're buying a home for the first time, you're likely to encounter a host of mortgage terms and acronyms. Find them a bit confusing? You're not alone! Real estate really has a language of its own. At Primary Residential Mortgage, we're... (Read More)
Year in and year out, spring and summer are the busiest home buying seasons. And each year, home buying activity starts to slow down in August and September. Many people time household moves during summer vacations and want to be settled into their... (Read More)
You're ready to buy a home. You have a great job, good credit and you're prepped for the responsibility of homeownership. But what about the down payment? Coming up with enough money to put down on a home can be one of the toughest parts of a home... (Read More)
When buying a home, you get to make a lot of decisions. One of the most important: You often have the option of selecting a fixed-rate home loan or one with an adjustable rate. ARMs are attractive to some home buyers today because the introductory... (Read More)