Do I Really Need a 20% Down Payment to Buy a Home?
Is the idea of saving for a down payment holding you back from buying a home right now?
Financial Fundamentals for Homebuyers [INFOGRAPHIC]
![Financial Fundamentals for Homebuyers [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2021/01/21113622/20210122-NM.png)
Some Highlights
- When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses.
- From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track from the beginning.
- Reach out to a local real estate professional and a trusted lender today to make sure you have the best possible guidance as you begin your homebuying process.
How to Make the Dream of Homeownership a Reality This Year
In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech.
Homeowner Equity Increases an Astonishing $1 Trillion
In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months.
The Path to Homeownership [INFOGRAPHIC]
![The Path to Homeownership [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/12/02203516/20201204-NM.png)
Some Highlights
- If you’re thinking of buying a home and not sure where to start, you’re not alone.
- Here’s a map with 10 simple steps to follow in the homebuying process.
- Be sure to work with a trusted real estate professional to learn the specific path to take in your local area.
Knowledge Is Power on the Path to Homeownership
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there.
Key Terms to Know in the Homebuying Process [INFOGRAPHIC]
![Key Terms to Know in the Homebuying Process [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/11/19135340/20201127-NM.png)
Some Highlights
- Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
- To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
- The best way to ensure your homebuying process is a positive one is to find a real estate professional who will guide you through every aspect of the transaction with ‘the heart of a teacher’ by putting your needs first.
VA Home Loans: Helping Heroes Find a Home
Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation.
Making a Home for the Brave Possible [INFOGRAPHIC]
![Making a Home for the Brave Possible [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/11/05133346/20201106-NM.png)
Some Highlights
- VA Home Loans provide unique opportunities for Veterans, active-duty personnel, and their families in recognition of their service to our Nation.
- For eligible individuals, options associated with VA Loans can help make the dream of homeownership a reality.
- If you or someone you know may benefit from a VA Loan, reach out to a local real estate professional to learn more today.
How Down Payment Assistance Opens the Door to Homeownership
Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market.
Do You Have Enough Money Saved for a Down Payment?
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment.
Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]
![Rising Home Equity Can Power Your Next Move [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/10/01175200/20201002-NM.jpg)
Some Highlights
- According to CoreLogic, homeowners across the country are gaining significant equity.
- Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.
- If you’re ready to sell your current house and begin looking for your dream home, contact your local real estate professional to learn how your home equity can help make that possible.
Buyers Are Finding More Space in the Luxury Home Market
A year ago, additional space and extra amenities had a very different feel for homebuyers.
2020 Homebuyer Preferences [INFOGRAPHIC]
![2020 Homebuyer Preferences [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/08/06151958/20200807-NM.jpg)
Some Highlights
- A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers.
- Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money to put toward a down payment.
- Reach out to a local real estate professional today if your needs have recently changed and you’re ready to make a move this year.
What You Can Do to Keep Your Dream of Homeownership Moving Forward [INFOGRAPHIC]
![What You Can Do to Keep Your Dream of Homeownership Moving Forward [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/03/26153258/20200327-NM-EN.jpg)
Some Highlights:
- Don’t put your homeownership plans on hold just because you’re stuck inside.
- There are several things you can do right now to keep your home search moving forward.
- Connect with an agent, learn about resource programs for things like down payments, and get pre-approved today.
Two Big Myths in the Homebuying Process
The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals.
How Your Tax Refund Can Move You Toward Homeownership This Year
If you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment?
Great News for Renters Who Want to Buy a Home
Rents in the United States have been skyrocketing since 2012. This has caused many renters to face a tremendous burden when juggling their housing expenses and the desire to save for a down payment at the same time. The recent stabilization of rental prices provides a great opportunity for renters to save more of their current income to put toward the purchase of a home.
How Buyers Can Win By Downsizing in 2020
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.
2 Myths Holding Back Home Buyers
In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream.
We at The KCM Crew believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
What You Need to Know About the Mortgage Process [INFOGRAPHIC]
![What You Need to Know About the Mortgage Process [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/02133211/20191011-NM.jpg)
Some Highlights:
- Many buyers are purchasing homes with down payments as little as 3%.
- You may already qualify for a loan, even if you don’t have perfect credit.
- Your local professionals are here to help you determine how much you can afford, so take advantage of the opportunity to learn more.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
62% of Buyers Are Wrong About Down Payment Needs
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market. The reality is, a down payment is often much less.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
A Latte a Day Keeps Homeownership Away [INFOGRAPHIC]
![A Latte a Day Keeps Homeownership Away [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/22152746/20190823-NM.jpg)
Some Highlights:
- The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
- Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a day from your favorite coffee shop) will help you get there faster.
- Depending on where you live, putting away just a small amount each day will get you to the average down payment you may need for homeownership faster than you think.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
How Much Do You Know About Down Payments?
Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
5 Powerful Reasons to Own Instead of Rent
Owning a home has great financial benefits.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
