Category Archives: Buyers

VISIT OUR OPEN HOUSES on FACEBOOK LIVE!

Stovall Team is offering many ways to view the homes we currently have listed. We invite you to view the properties in person or remotely. Visit https://www.facebook.com/micahstovall 
Those able to enter the housing market have the benefits of low rates- and the wisdom of those who bought during the last crisis. Everyone needs someplace to live, and here is another thing that probably will not change: in our area the housing stick or sale is more attractive to many than what is for rent. Much of the current inventory has come from people who are moving up or on and will themselves need to buy a property. Everyone has to make those decisions for themselves, but don’t let the sound of opportunity knocking lull you into undue risk.

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Impact of the Coronavirus on the U.S. Housing Market

The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around the world. With all this uncertainty, how do you…

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Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

The Stovall Team has strong relationships with lenders who can help you through this process, so partnering with a trusted advisor will be key for that introduction. Once you select a lender, you’ll need to fill out their loan application and provide them with important information regarding “your credit, debt, work history, down payment and residential history.”

Freddie Mac also describes the ‘4 Cs’ that help determine the amount you’ll be qualified to borrow:

Capacity: Your current and future ability to make your payments
Capital or Cash Reserves: The money, savings, and investments you have that can be sold quickly for cash
Collateral: The home, or type of home, that you would like to purchase
Credit: Your history of paying bills and other debts on time
While there are still many additional steps you’ll need to take in the homebuying process, it’s clear why pre-approval is always the best place to begin. It’s your chance to gain the competitive edge you may need if you’re serious about owning a home.

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The #1 Reason It Is Difficult to Find Your Dream Home

Whether you’re a first-time buyer or a seller thinking of moving up or down, 2020 could be your year and I am here to help.

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How Buyers Can Win By Downsizing in 2020

If you’re planning a transition into a smaller home, the twin trends of low mortgage rates and rising home equity can kickstart or boost your plans, especially if you’re anticipating retirement soon or just want to live in a smaller home that’s easier to maintain. Let us help you.  As your Realtor, I am living the market daily. If you’re considering selling your house, we should sit down and chat and help you confidently determine what will be the best choice for you and your family. Call me today at 714.343.9294.

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Homes Are More Affordable Today, Not Less Affordable

Whether you’re thinking about buying your first home or moving up to the home of your dreams, don’t let the false narrative about affordability prevent you from moving forward. From an affordability standpoint, this is one of the best times to buy in the last 30 years. Call me today 714.343.9294.  If you’re considering selling your house or buying a house, we should sit down and chat and help you confidently determine what will be the best choice for you and your family.                     

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