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Don’t Let Fear Stop You from Buying a Home in 2022

This month has been no surprise if you’ve been following the market. We’ve faced continued record-breaking home prices, increased consumer costs, supply chain disruptions, and more. If you’re a buyer and thinking about purchasing a new property this year you’re probably facing some concerns on whether you should buy or wait.

Jan 26, 2022
Don’t Let Fear Stop You from Buying a Home in 2022

You’re setting goals, but are you setting BIG goals and doing it correctly?

Don’t Let Fear Stop You from Buying a Home in 2022

This month has been no surprise if you’ve been following the market. We’ve faced continued record-breaking home prices, increased consumer costs, supply chain disruptions, and more.If you’re a buyer and thinking about purchasing a new property this year you’re probably facing some concerns on whether you should buy or wait.

Though home prices aren’t immune from this increase, don’t let inflation stop you from buying a home in 2022. Better yet let one of our friendly and knowledgeable veteran loan officers assist you with your homebuying process.

Follow the link in our bio to learn why you shouldn’t fear buying a home right now.

Homeownership Provides Security and Assurance

Home prices are expected to climb throughout 2022, so as a new buyer how exactly can you protect yourself from the increased costs in items like food, housing, entertainment, and other services? What you can do is buy a new home.

Purchasing a new property allows you to lock in your monthly mortgage payment for the future. As prices rise, your monthly payment remains the same thanks to a fixed-mortgage rate. You’ll have the security against inflation.

As a renter, you don’t have the same protection and benefits from increased property costs. With today’s mortgage interest rates as low as they are it even makes more sense to buy. Though inflation hurts what your dollar can buy, low mortgage rates help boost your purchasing power so you can get more house for the money as well as keep your payments down. This has never been more important during this time as it’s smart to protect yourself from the impact of rising costs.

The Solution

The best attack against inflation is a fixed housing cost. Don’t let this concern stop you from buying a home this year. Connect with one of our veteran loan officers to assist you with the home buying process and eliminate the stress.

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What to save to cover your new home's closing costs.

What to save to cover your new home's closing costs.

As a new homebuyer, you’ll face a lot of upfront expenses when you purchase a home. The key is to understand what exactly these costs account for and how you can properly plan and budget for them. A study by the U.S. News and World Report found: Nearly 40% of homebuyers were surprised by their closing costs when nearing the close of their purchase but understood the basic fundamental need of a down payment. View some helpful information below that will allow you to plan ahead and not get shocked when it’s time to close.

May 22, 2022
What to know before applying for a mortgage in this market

What to know before applying for a mortgage in this market

Understanding more about your mortgage payment and overall out-of-pocket expenses can help you save money- and even reduce the term of your loan. This is arguably the biggest and most complicated financial transaction of your life and mortgage payments are very complex, with multiple parts that change over time. The good news is you can link with someone on our team to educate you through the components of your single mortgage payment PITI and use that to potentially reduce your payment- and even the term of your loan. cord numbers, according to Census data. Making a decision is difficult, but it should be made on a sound understanding of what is going on in the market and what option better fits your financial long-term goals.

May 22, 2022
Learn how you can save money by understanding your mortgage payment options.

Learn how you can save money by understanding your mortgage payment options.

Understanding more about your mortgage payment and overall out-of-pocket expenses can help you save money- and even reduce the term of your loan. This is arguably the biggest and most complicated financial transaction of your life and mortgage payments are very complex, with multiple parts that change over time. The good news is you can link with someone on our team to educate you through the components of your single mortgage payment PITI and use that to potentially reduce your payment- and even the term of your loan. cord numbers, according to Census data. Making a decision is difficult, but it should be made on a sound understanding of what is going on in the market and what option better fits your financial long-term goals.

Apr 14, 2022

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