Home » Blog » Buying a Home » Page 2

Category: Buying a Home

Pre-Qualification vs. Pre-Approval: What’s the difference?

Looking at homes without knowing how much you can afford can be a waste of time for you and your realtor. “Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” unknown The same wise sentiment can apply to purchasing a home – why start house …

The post Pre-Qualification vs. Pre-Approval: What’s the difference? appeared first on Benchmark.

Read more

Winter, Pets, and Homeownership

There are a TON of benefits homeownership brings for you and your pets. 68% of American households have a pet, according to the most recent APPA Pet Ownership Survey. The most popular pet being dogs in 48% of households, followed by cats in 38% of households. With our furry friends being such a big part …

The post Winter, Pets, and Homeownership appeared first on Benchmark.

Read more

HUD Announces New FHA Loan Limits

Yesterday, December 7, 2017, the Federal Housing Administration announced that for 2018, 3,011 out of 3,141 counties in the U.S. (~96% of all counties in the nation) will see an increase in FHA loan limits. Ceilings and Floors In high-cost areas, the FHA’s loan limit ceiling will increase this year to $679,650, up from $636,150, …

The post HUD Announces New FHA Loan Limits appeared first on Benchmark.

Read more

National Home Price Index Up 6.2% In Last 12 Months

Source: September S&P CoreLogic Case-Shiller National Home Price NSA Index Up 6.2% In Last 12 Months Recent Analysis of the September HPI figure show as a 6.2% annual gain in home prices, up 5.9% from the previous month. Several large markets that were hit hardest in the financial crisis are reporting the highest gains, including …

The post National Home Price Index Up 6.2% In Last 12 Months appeared first on Benchmark.

Read more

Ready to Buy a New Home? 5 Free Resources to Get You Started

Are you purchasing a home for the first time? Are you looking to move? We have compiled five free resources to ensure you have an amazing experience buying your new home.   1) Your Way Home Do you want to learn more about the process from applying for a mortgage through closing on your new …

The post Ready to Buy a New Home? 5 Free Resources to Get You Started appeared first on Benchmark.

Read more

Purchasing or Refinancing with the HomeStyle Renovation Program

The HomeStyle Renovation Program is available to borrowers who are looking to make Renovations, Repairs, or Improvements to a home with a single loan, rather than with a second mortgage, or home equity line of credit. At Benchmark, we know how important it is to make a house your own. Your Benchmark loan originator can …

The post Purchasing or Refinancing with the HomeStyle Renovation Program appeared first on Benchmark.

Read more

Benchmark Introduces the Medical Doctor Loan Program

Benchmark understands that life moves quickly, especially if you’re in the medical field. That’s why we go the extra mile to accommodate your busy schedule and unique financial outlook. Benchmark is now offering a program geared specifically toward doctors! The program is for borrowers with a medical license who would like to use future income …

The post Benchmark Introduces the Medical Doctor Loan Program appeared first on Benchmark.

Read more

Facebook Introduces Targeted Real Estate Advertising

Calling it “Dynamic Ads for Real Estate,” Facebook describes the service, Facebook’s dynamic ads for real estate leverage cross-device intent signals to automatically promote relevant listings from your inventory with a unique creative on Facebook. This is the first time the social media giant has ventured into Real Estate specific advertising, raising potential concern for …

The post Facebook Introduces Targeted Real Estate Advertising appeared first on Benchmark.

Read more

Under 35 Homeownership Rate Increases

The Rate of Homeownership has increased from 34.3% to 35.3% from first Quarter 2017 to Second Quarter 2017 for those under 35 years of age, according to a report from the United States Census Bureau. While popular media seems to portray Millennials as a generation of renters, a whitepaper from First American lists six reasons …

The post Under 35 Homeownership Rate Increases appeared first on Benchmark.

Read more

Why Buying Is Investing

If you are thinking about becoming a homeowner, it is important to see your house as an investment. A home is an asset with the potential to  increase your financial stability over time. Unlike renting, where you pay your landlord’s mortgage without seeing any return yourself, homeownership works to broaden your financial worth. After purchasing …

The post Why Buying Is Investing appeared first on Benchmark.

Read more