by Rob Messenger | Jun 23, 2023 | Real Estate Tips
Lebanon, NH is the largest town in the Upper Valley with roughly 15,000 residents. It is also the only city in the Upper Valley. The real estate market in the Upper Valley has been challenging for many home buyers over the past year with high demand and limited...
by Rob Messenger | Mar 3, 2023 | Mortgage Insurance, Real Estate Tips
The Department of Housing and Urban Development (HUD) together with the Federal Housing Association (FHA) has made an announcement that will dramatically change the mortgage insurance premiums (MIP) that will be charged to a buyer with an FHA mortgage. According to a...
by Rob Messenger | Sep 29, 2022 | Loan Limits, Real Estate Tips
What are Loan Limits? Loan limits are set by the Federal Housing Finance Agency (FHFA) and they determine the maximum amount of cash a homebuyer can borrow and obtain a conforming loan. Loan limits apply to both Fannie Mae and Freddie Mac which are two government...
by Rob Messenger | Aug 30, 2022 | Real Estate Tips
What are Escrows? When you are buying a home you will hear escrows discussed throughout the loan process. By definition an escrow is when money is held by a third party until it needs to be used to complete a certain condition. During the home buying process deposits...
by Rob Messenger | May 31, 2022 | Real Estate Tips
A common practice in today’s competitive real estate market has been to waive real estate contingencies when making an offer on a home. This can be an appealing thing to do to make your offer more attractive to the seller. However it is imperative to understand...
