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The housing market in Raleigh right now is ridiculous - mortgage rates are low, prices are sky-high, and supply can't keep up with demand. So when you put in an offer to buy, you better be prepared.
Today, we welcome our mortgage broker, April Young Blackwell from Blackwell Mortgage, to give us some tips on how to navigate this wild time in the Triangle.
WHAT WE TALK ABOUT:
How she got into the financial industry, and her experience
Who she can help get financing for a home
The difference between today's market and the disaster of 2008
Why new construction is now taking up to 8-9 months
You have to be ready and willing to act quickly
Looking for diamonds in the rough is a good strategy
Why Raleigh is on all the top lists
How to rebuild credit, use it responsibly, and monitor it.
Quickest way to improve your credit score
Understanding utilization of credit
Good and bad lines of credit to have open
Why only banking with local banks or credit unions can hurt your credit standing
Where to get credit education and resources
What loans are available for 1st time home buyers
How much deposit you need to put down
What is an FHA loan
What is PMI, and how to avoid it
Saving for a deposit vs. paying off bad debt
Creative ways to make more money
How to know how much you can afford
Understanding Due Diligence (DD) money and how to play the game
Why you need to get pre-approved (and what it means)
Rules around Flips a buyer has to be aware of
Checklist: steps to get ready to buy a home
Number 1 mistake home-buyers make!
Are you looking to buy or sell a home and are in needed of a real estate agent in the Raleigh area? As a Licensed Realtor and referral agent, I can save you the time and stress searching and vetting, and connect you to my team of trusted Realtor partners. Read more here, or click the link below
Click here to get started
RESOURCE LINKS:
Blackwell Mortgage
Mortgage Points Blog by April Blackwell
Credit Smart by Freddie Mac
Homebuyer Education by Fannie Mae
CFPB Financial Tools and Education for Adults
DHIC
FHA loans
By Caroline and Craig Makepeace4.9
77 ratings
The housing market in Raleigh right now is ridiculous - mortgage rates are low, prices are sky-high, and supply can't keep up with demand. So when you put in an offer to buy, you better be prepared.
Today, we welcome our mortgage broker, April Young Blackwell from Blackwell Mortgage, to give us some tips on how to navigate this wild time in the Triangle.
WHAT WE TALK ABOUT:
How she got into the financial industry, and her experience
Who she can help get financing for a home
The difference between today's market and the disaster of 2008
Why new construction is now taking up to 8-9 months
You have to be ready and willing to act quickly
Looking for diamonds in the rough is a good strategy
Why Raleigh is on all the top lists
How to rebuild credit, use it responsibly, and monitor it.
Quickest way to improve your credit score
Understanding utilization of credit
Good and bad lines of credit to have open
Why only banking with local banks or credit unions can hurt your credit standing
Where to get credit education and resources
What loans are available for 1st time home buyers
How much deposit you need to put down
What is an FHA loan
What is PMI, and how to avoid it
Saving for a deposit vs. paying off bad debt
Creative ways to make more money
How to know how much you can afford
Understanding Due Diligence (DD) money and how to play the game
Why you need to get pre-approved (and what it means)
Rules around Flips a buyer has to be aware of
Checklist: steps to get ready to buy a home
Number 1 mistake home-buyers make!
Are you looking to buy or sell a home and are in needed of a real estate agent in the Raleigh area? As a Licensed Realtor and referral agent, I can save you the time and stress searching and vetting, and connect you to my team of trusted Realtor partners. Read more here, or click the link below
Click here to get started
RESOURCE LINKS:
Blackwell Mortgage
Mortgage Points Blog by April Blackwell
Credit Smart by Freddie Mac
Homebuyer Education by Fannie Mae
CFPB Financial Tools and Education for Adults
DHIC
FHA loans