The Agent/Buyer Conversation You Should Be Having

We love hearing success stories from agents, lenders and homebuyers. Here’s how one Florida agent and broker is using Down Payment Resource to help his buyers and train his team of agents.

“I don’t know why every agent isn’t using Down Resource,” wondered Peter Rivera, Re/Max broker owner and 2017 president of the Punta Gorda/Port Charlotte Association of Realtors.

Rivera realized the power of Down Payment Resource (DPR) after working with a recent first-time homebuyer. His buyer, a single mom making a good income, simply didn’t have the savings for the down payment. She planned to put her home buying dream on hold and continue to save. However, she was concerned that the longer she waited increasing home prices would make it more difficult to buy. keep reading

Making the Best Cities for First-time Buyers Even Better

The housing market is improving in many cities across the country, but that also means it’s likely more competitive and challenging for first-time homebuyers. So, where are conditions best for newbie buyers?

LendingTree recently released a new study ranking the best and worst markets for first-time homebuyers. They looked at issues most critical to new buyers, including average down payment amount and percentage, share of median priced homes, share of buyers using an FHA mortgage.

We’re sharing how down payment programs in these best and worst markets may help buyers achieve homeownership even sooner. keep reading

Be a Savvy Homebuyer in Your Market

We all have that savvy friend. You know, the one who seems to have a resource, tip or connection for every hurdle in life. Do you have a go-to person for home buying? Fortunately, with a little research YOU could be that person for yourself and others in your life.

Research paid off for this New York buyer

Take a note from Kimberly Lewis, a textile and wallpaper designer, who bought her first place in Brooklyn after doing her homework, having a vision, and packing some extra patience until she found just the right place…at the right price. keep reading