I like one signature piece in a home and often use finds from local vintage shops. I like the look of well-worn furniture that speaks of a piece that was loved and used.
For me, the perfect home looks and is…lived in.
Don’t forget to always be on the lookout for something special. You never know where you will find it.
Happy National Dog Day from one of our four fur-babies! Combined they don’t make 50 pounds!
Dogs make a house a home!
Some things are just too pretty to eat. Aren’t these happy colors?
I know that neutral colors are all the rage with white, gray and beige but I just love the person who bravely chooses a BOLD color. It nothing else, go for a pop of one bright color somewhere in your home! As for me…I choose hot pink!
#color #bold #decorating #interiors #home #realestate
Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home.
Myth #1: “I Need a 20% Down Payment”
Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 76% of Americans either don’t know (40%) or are misinformed (36%) about the minimum down payment required.
Many believe that they need at least 20% down to buy their dream home. New programs actually let buyers put down as little as 3%.
Below are the results of a Digital Risk survey of Millennials who recently purchased a home.
As you can see, 64.2% were able to purchase their home by putting down less than 20%, with 43.8% putting down less than 10%!
Myth #2: “I need a 780 FICO Score or Higher to Buy”
The survey revealed that 59% of Americans either don’t know (54%) or are misinformed (5%) about what FICO score is necessary to qualify.
Many Americans believe a ‘good’ credit score is 780 or higher.
To help debunk this myth, let’s take a look at the latest Ellie Mae Origination Insight Report, which focuses on recently closed (approved) loans. As you can see below, 54.1% of approved mortgages had a credit score of 600-749.
Whether buying your first home or moving up to your dream home, knowing your options will definitely make the mortgage process easier. Your dream home may already be within your reach. Call me…I have some great mortgage lenders for you and it is all FREE to get the process started. No obligation, of course.