This is a sobering graphic (courtesy of The KCM Blog): Prices are down, mortgage rates continue to hit record lows, and this is proof that your Naples dream home may be more within your reach than you think. In this example, a home priced at $500,000 in 2006 can now be purchased for closer to $400,000 […]
Shopping for a Naples Home? Get Pre-Approved!
Shopping for a Naples home? If you know you need a mortgage in order to buy, I urge you to obtain pre-approval from a lender first. As a real estate agent, I won’t take you to see homes until you have that pre-approval letter in hand. Why? Because if you see a home you want […]
Home Loan Rates Remain Near Historic Lows as We Welcome 2012
Has there been a better time to finance a home in the past 40 years? As we enter 2012 it is worth a look back at where we were when January 1, 2011 was knocking at our door. At the beginning of 2011 the 30-year fixed mortgage interest rate was just below 5% and at […]
Buyers: Items You Need To Apply For A Mortgage
If you are in the market for a Naples home, and will be applying for a mortgage, here is a list of items you would need to provide for pre-approval or loan application. Most recent paystubs covering a 30-day period Last two years W-2s or retirement income 1099s (as applicable) Last two years Federal Tax Returns – complete […]
