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5 Reasons to Buy Now, Rather Than Wait

With the lull that comes after the busy holiday season, potential homebuyers assume that it’s not a great time to shop, and they should instead wait until spring. But in a blog post, the real estate team at Keeping Current Matters explains why now is the right time to buy, rather than during the spring and summer rush. Supply is shrinking Inventory is declining in many regions, and the best homes in the best locations are selling fast. Looking now, during the market’s slow time, increases the chances you’ll beat out competing shoppers to find the home of your dream. Price are likely to i...

February 20th, 2014 5 Reasons to Buy Now, Rather Than Wait

Why you should use a mortgage broker!

According to the President of the National Association of Mortgage Brokers, Don Frommeyer, mortgage brokers are contributing millions of dollars a year to consumers in the form of closing costs credits. Listen to him below! x      

October 17th, 2013 Why you should use a mortgage broker!

Frequently Asked Questions About Mortgages/Buying a Home

Can I apply for a mortgage before I find a house? Yes, which most real estate and mortgage professionals will tell you is the best thing to do. Applying for a mortgage ahead of time is called getting pre-qualified. When you’re pre-qualified, you are given a letter assuring you that you will most likely be approved (unless any major changes to your credit or income occur) for a certain amount of money. Getting pre-qualified allows potential buyers to look at homes in the right price range, and it assures real estate brokers and sellers that someone is a serious, qualified buyer. What determin...

October 6th, 2013 Frequently Asked Questions About Mortgages/Buying a Home

Tips to help you save for a down payment

Mortgage rates and home values are on the rise, and you want to take advantage of the ideal buyer’s market while you still can. The only problem is you don’t have enough money for a down payment. In the Zillow blog post “5 Tips to Help You Save for a Down Payment,” Benjamin Feldman offers some guidelines for saving a big chuck of money to put down on your dream home. Know how much you need. Down payments range from 3.5 percent to 20 percent. On a $400,000 home, that could be anywhere from $14,000 to $80,000. The first step is figuring out what your price range is, and w...

August 26th, 2013 Tips to help you save for a down payment

Real Estate Trends for the Summer

In her blog post “4 Real Estate Trends for Summer 2013,” Vera Gibbons offers a look at what the summer may hold for potential home buyers, as they set out into the world of real estate during the busiest time of the year. Low Mortgage Rates. While the economy is starting to pick up, the Federal Reserve is keeping rates low to help keep the housing market well on its way to a full recovery. Little Inventory. With mortgage rates still low, foreclosures down and more people back to work, people finally feel financially secure enough to consider buying a house. But at the same time, se...

June 7th, 2013 Real Estate Trends for the Summer

Acadia Lending Group LLC

190 Riverside Street Unit 4B
Portland , Maine 04103

Phone: 207-899-4500

Fax: 207-899-4503

NMLS: 370636

 

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