For Buyers

Oct. 4, 2019

5 Homebuying Acronyms You Need To Know

5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]

5 Homebuying Acronyms You Need to Know [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Learning the lingo of homebuying is an important part of feeling successful when buying a home.
  • From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear ...
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Posted in For Buyers
June 12, 2018

7 Factors to Consider When Choosing A Home to Retire In

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability ...

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Posted in For Buyers, For Sellers
Nov. 17, 2017

Mortgage Interest Rates Are Going Up… Should I Wait to Buy?

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeksFreddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

This has caused some ...

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Posted in For Buyers
Nov. 10, 2017

A Housing Bubble? Industry Experts Say NO!

 

With residential home prices continuing to appreciate at levels above historic norms, some are questioning if we are heading toward another housing bubble (and subsequent burst) like the one we experienced in 2006-2008. 

Recently, five housing experts weighed in on the question.

Rick Sharga, Executive VP at ...

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Posted in For Buyers
Oct. 30, 2017

Buying a Home Can Be Scary... Unless You Know the Facts

Graphic, Buying A Home Can Be Scary

Some Highlights:

Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home, which stops many of them from even trying! Here are some facts: 

  • 40% of millennials who purchased homes this year have put down less than ...
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Posted in For Buyers
Aug. 31, 2017

Want To Keep Up With The Joneses? Now's The Time!

Upscale Living Room photo

Does your current house fit your needs? Does it seem like everyone else is moving up and moving on to more luxurious surroundings? Are you wondering what it would take to start living your dream life?

Market conditions around the country have presented an opportunity like no other for those ...

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Posted in For Buyers
March 14, 2017

Mortgage Rates Went Up Again. Should I Wait To Buy?

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeksFreddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

This has caused some ...

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Posted in For Buyers
Oct. 28, 2016

Buying a Home Can Be Scary . . . Know the Facts

Some Highlights:

36% of Americans think they need a 20% down payment to buy a home.

44% of Millennials who purchased a home this year have put down less than 10%.

71.8% of loan applications were approved last month.

The average credit score of approved loans was 731 in ...

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Posted in For Buyers
Sept. 26, 2016

4 Reasons To Buy This Fall

It's that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether or not now is the right time to buy don't have to look much ...

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Posted in For Buyers
June 9, 2016

Get Your Credit Score in Shape Before Buying a Home

How strong is your credit? Cleaning up your credit is essential before you make any major financial moves. Having a bad score can hurt your chances of being able to open a credit card, apply for a loan, purchase a car, or rent an apartment. 

It is especially important ...

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Posted in For Buyers