Should I Buy a Home Now or Wait?

Written by Pensacola Mortgage Mortgage Syndicated User on April 25, 2025. Posted in Buying Tips, Equity, For Buyers, Home Prices, Mortgage Pensacola FL, Pensacola Mortgage.

At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”That’s because homeownership is about the long game – and home prices typically rise over time. So, while you may be holding out for prices to fall or rates to improve, you should know that trying to time the market rarely works.Here’s what most buyers don’t always think about: the longer you wait, the more buying could cost you. And you deserve to understand why.Forecasts Say Prices Will Keep ClimbingEach quarter, over 100 housing market experts weigh in for the...

What You Can Do When Mortgage Rates Are a Moving Target

Written by Pensacola Mortgage Mortgage Syndicated User on April 23, 2025. Posted in Buying Tips, For Buyers, Mortgage Pensacola FL, Mortgage Rates, Pensacola Mortgage.

Have you seen where mortgage rates have been lately? One day they go down a little. The next day, they go back up again. It can feel confusing and even frustrating if you’re trying to decide whether now’s a good time to buy a home.Take a look at the graph below. It uses data from Mortgage News Daily to show that after a relatively stable month of March, mortgage rates have been on a bit of a roller coaster ride in April: This kind of up-and-down volatility is expected when economic changes are happening.And that’s one of the reasons why trying to time the market isn’t your best move. You...

Don’t Miss This Prime Spring Window To Sell Your House

Written by Pensacola Mortgage Mortgage Syndicated User on April 22, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Mortgage Pensacola FL, Pensacola Mortgage.

According to Realtor.com, the best week to list your house this year was April 13–19. And since that week has come and gone, you might be wondering: did I miss my chance? Not at all – and here’s why.That’s just one source’s take, based on their own research. Other organizations run similar studies. And since different places use different methodologies for their research, sometimes the results vary too – and that’s actually good news for you. According to Zillow, the best time to list your house is still ahead.The latest research from Zillow says sellers who list their homes in late May...

Pre-Approval Isn’t Commitment – It’s Clarity

Written by Pensacola Mortgage Mortgage Syndicated User on April 18, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Mortgage Pensacola FL, Pensacola Mortgage.

If buying a home is on your radar – even if it’s more of a someday plan than a right now plan – getting pre-approved early is still one of the smartest moves you can make. Why? Because, like anything in life, the right prep work makes things clearer.The best time to get serious about buying is before you’re ready to buy. Here’s why.Pre-Approval Helps You Understand Your NumbersOne of the biggest benefits of pre-approval is how it helps you understand your buying power. As part of the pre-approval process, a lender will walk through your finances and tell you what you can borrow based on...

Are You Saving Up To Buy a Home? Your Tax Refund Can Help

Written by Pensacola Mortgage Mortgage Syndicated User on April 16, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Mortgage Pensacola FL, Pensacola Mortgage.

You’ve been working on your savings and dreaming of that moment when you finally have keys to a place that’s truly yours. What you might not realize is that your tax return could give you a little extra cash to help you get there sooner. As Freddie Mac notes:“ . . . your tax refund from the IRS can be a useful supplement to your homebuying budget.” So, if you’re getting a tax refund this year, you can use it to help you pay for some of the upfront costs that come with buying a home, like the down payment and closing costs. And here’s the best part.On average, people are getting even more...

4 Ways To Make an Offer That Stands Out This Spring

Written by Pensacola Mortgage Mortgage Syndicated User on April 15, 2025. Posted in Agent Value, Buying Tips, For Buyers, Mortgage Pensacola FL, Pensacola Mortgage.

Now that spring is here, more and more buyers are jumping back into the market, and competition is heating up.If you’re serious about landing a home you’ll love, you need more than just a wish list. You need a smart strategy – and that starts with working with a great agent who can help you put together a strong offer.Here are some top tips your agent will share with you that are helping buyers stand out (and win) in today’s market.1. Don’t Lowball on PriceIt’s tempting to start with a super low offer in an attempt to save money. But in a competitive spring market, that could backfire. If...

Why You Don’t Want To Skip Your Home Inspection

Written by Pensacola Mortgage Mortgage Syndicated User on April 11, 2025. Posted in Agent Value, Buying Tips, For Buyers, Mortgage Pensacola FL, Pensacola Mortgage.

When you finally find the home you want to buy, it’s easy to get caught up in the excitement. You’ve toured the place, imagined your furniture in it, maybe even pictured your morning coffee on the porch. The last thing you want is to slow down the process with more steps or lose out to another buyer’s offer because they skipped their inspection.But here’s the thing. Buying a home is one of the biggest financial decisions you’ll ever make. And no matter how perfect that house seems, skipping a home inspection is a risk that could cost you a lot more than just time.What Exactly Is a Home...

House Hunting Just Got Easier – Here’s Why

Written by Pensacola Mortgage Mortgage Syndicated User on April 8, 2025. Posted in Buying Tips, For Buyers, Inventory, Mortgage Pensacola FL, Pensacola Mortgage.

If you’ve been frustrated by the lack of homes for sale over the past few years, here’s some good news. You have more options, so it may finally be time to kick off your home search again. As Daryl Fairweather, Chief Economist at Redfin, explains:“Now is the best time to buy in the last two years. Mortgage rates are comparable to what they were two years ago, and prices remain high. However, there is significantly more inventory . . .”The number of homes for sale has grown compared to last year, and even more options are on the way. While this is typical for the busy spring season, here’s...

Things To Avoid After You Apply for a Mortgage

Written by Pensacola Mortgage Mortgage Syndicated User on April 5, 2025. Posted in Buying Tips, For Buyers, Infographics, Mortgage Pensacola FL, Pensacola Mortgage.

Some HighlightsOnce a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application.Here are a few tips. Don’t change bank accounts or apply for new credit. And this one may surprise you, don’t buy appliances or furniture for your next home yet either.The best tip of all? Before you do anything financial in nature, talk to your lender first.

Buyers Have More Negotiation Power – Here’s How To Use It

Written by Pensacola Mortgage Mortgage Syndicated User on March 28, 2025. Posted in Agent Value, Buying Tips, For Buyers, Mortgage Pensacola FL, Pensacola Mortgage.

You may have heard there are more homes for sale right now. And while that’ll vary depending on the market, it means that overall, things are starting to lean in a more balanced direction. As that happens, some sellers are a bit more open to compromise. Here’s what that means for you.You may be regaining some negotiating power. That can translate into savings, perks, or even better terms on your purchase – if you know what levers to pull during negotiation.Why an Agent Is an Essential Part of the Negotiation ProcessThe complicated part is knowing what is and isn’t on the table. That’s where...

Category: Buying Tips