When buying a Gulf Shores home, obviously a job is an important cog in the wheel to obtaining a mortgage. But the lending game is full of misconceptions about job gaps, job changes and occupational changes within the course of an employment time frame. Yes, you CAN get a mortgage if you switched jobs or […]
Renting or Buying a Gulf Shores Home: Take Your Time
Trying to decide between renting or buying a Gulf Shores home used to be a no-brainer before the recession. Most advisors would say, buy a home as soon as you can because it was the route to financial independence, forget renting because it was a waste of money. Today, many people who would have once […]
Buying a Gulf Shores Home With Student Loan Debt
For young people, moving to the Gulf Shores and buying a Gulf Shores home hasn’t made much mathematical sense for decades. But now add a new economic fact of life to the list: soaring student loan debt. More students are taking out bigger loans than ever before, and in the last 10 years alone, education […]
The Hardest Part About Buying a Gulf Shores Home
What do you think is the hardest part about buying a Gulf Shores home? CNNMoney recently went on the street and asked people what they thought the hardest part was about buying a home. Here's what they had to say… What do you think is the hardest part about buying a Gulf Shores home? We'd […]
Buying a Gulf Shores Home in Today’s Market
Buying a Gulf Shores home in today's real estate market can be a challenge. Today's market is very competitive due to the extremely low inventory of available homes for sale and the tightening of mortgage credit as a result of the home loan crisis. There are some ways you can increase your chances of buying […]
Buying a Flipped Gulf Shores Home
If you're considering buying a Gulf Shores home, one of the things you want to be cautious about is buying a flipped home. What Is a Flipped Gulf Shores Home? Profits from flipping a Gulf Shores home come from either buying low and selling high (often in a rapidly-rising market), or buying a house that […]
2014: Good Year To Buy a Gulf Shores Home
If you didn't buy a Gulf Shores home in 2013, you may be kicking yourself about now. Home prices for the year climbed an average of 13.6 percent. Why 2014 Will Be a Good Year to Buy a Gulf Shores Home Market forecasters predict that 2014 will be another year of gains for the real […]
Winter: Great Time To Buy a Gulf Shores Home
The old "no one is going to buy a Gulf Shores home in the winter" philosophy is gone. At least among serious home buyers it is. January can be a great time to buy a Gulf Shores home, and here's why: Mortgage rates are low now, although they are higher than they were six months […]
Undisclosed Debt When Buying A Gulf Shores Home
Undisclosed debt can become a problem when you're buying a Gulf Shores home and going through the process of getting a mortgage. There is a period of time known (in the industry) as the "quiet period." This is a time where it is important for you not to buy ANYTHING on credit. Over the past […]
Things Every Gulf Shores Homebuyer Should Know
The Gulf Shores housing market, along with most markets across the country, is continuing to climb out of the doldrums and continues to strengthen. There are some mistakes every Gulf Shores homebuyer should know to avoid when looking for a home, especially as home prices continue to increase, and the costs of getting a mortgage […]