FL Mortgage Loans

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. For nearly two years, real estate professionals have worked tirelessly to ensure the safety of   buyers   and   sellers   during the pandemic. Today, they’re seasoned experts, not just in the art of buying and selling homes, but also in how to keep you safe throughout the process.  Real estate professionals  have learned new technologies plus safety and sanitation measures. As new variants emerge, those lessons continue to be key ways agents add value. Real Estate Advisors Stay Current on Guidance for In-Person Showings Agents don’t leave your health up to chance. They follow guidance from the  Centers for Disease Control  (CDC) and the  National Association of Realtors  (NAR) to ensure in-person showings are safe. NAR maintains industry-specific resources to ensure agents are informed on the latest recommendations and best practices. Guidance from the CDC also equips real estate profe

  As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a common misconception.  Freddie Mac   says : “The most damaging down payment myth—since it stops the homebuying process before it can start—is the belief that 20% is necessary.” Unless specified by your loan type or lender,  it’s typically not required to put 20% down . According to the  Profile of Home Buyers and Sellers  from the  National Association of Realtors  (NAR), the median down payment hasn’t been over 20% since 2005. It may sound surprising, but today, that number is only 13%. And it’s even lower for  first-time  homebuyers,  whose median down payment is only 7%   (see graph below) : What Does This Mean for You? While a down payment of 20% or more does have  benefits , the typical buyer is putting far less down