Thursday, April 30, 2020 / by Peter Hewitt Team Lehigh Valley New Inquiries
If you are a first-time homebuyer and were in the process of shopping for a house before the coronavirus, the pandemic likely put a wrench in your plans. But should it? When you’ve never bought a house before, you don’t know what you don’t know about the process, and buying a house for the first time during a pandemic isn’t an experience you can ask your friends and family about — these are uncharted waters.
The truth is, many first-time buyers are still buying homes during this crisis, but things are different now than they were before the pandemic. Here is what you need to know as a first-time buyer during the coronavirus.
Source: (Sharon McCutcheon / Unsplash)
First: Know the rules are different everywhere
Before you begin shopping for a home, know that the rules about the industries deemed “essential” during the pandemic vary state-to-state and even city-to-city. If you’re buying a home in the same m ...
Monday, June 18, 2018 / by Peter Hewitt Team Realtors
It is exciting to shop for and find your dream home, but during that process there are a few things you will want to remember below. Plus our team and our lenders will keep you on track along the way!
1. Don’t change your job before applying for a home loan.
Along with that, now is also not the right time to become self-employed or quit your job. You want to show lenders stability, which means you’ll be less likely to default on the loan.
2. Don’t change banks.
Like your employment, you want your banking history to show stability.
3. Don’t buy a car or truck or any other form of transportation that you have to finance.
Buying anything on credit increases your debt-to-income ratio and that’s something lenders don’t want to see.
4. Don’t buy furniture on credit before buying your house.
Like financing a car, charging big-ticket items increases your debt-to-income ratio and now is not the time. ...
Thursday, February 22, 2018 / by Kelly Houston
Happy National Margarita Day!
Cheers to finding your new home with The Peter Hewitt Team:
Let's start searching >>> https://www.parealestatekw.com/featured
Friday, January 26, 2018 / by Peter Hewitt Team Realtors
Thursday, February 1st at 6:00pm
with Fairway Independent Mortgage Company
& The Peter Hewitt Team at Keller Williams Real Estate
3500 Winchester Rd, Suite 100, Allentown, PA 18104
Learn how to prepare yourself to the path of home ownership! Learn why NOW is a great time to buy and the benefits you receive over renting!
Many people believe that they cannot afford to buy a home, not realizing it is typically cheaper than renting! Build equity, Gain Tax Advantages, and Find out about the special loan programs for first time home buyers and what to expect throughout the Mortgage Process.
Receive your on-site Financing Consultation, with Laura Kidd, an experienced Fairway Independent Mortgage Representative, as well!
Our Full Service, Top Selling Real Estate Team at the #1 Keller Williams Real Estate Office in the Lehigh Valley is partnering with an experienced, customer focused Mortgage Lender, to bring you the best of the best in the business to guide you through the most ...