Are You Overestimating Down Payment Costs?

One of the most common home-buying myths has to do with down payments. You’ve probably heard it-that you need a 20% down payment to purchase a home. You may be surprised to learn that this just isn’t true these days.  How Much Should You Put Down? According to...

Pros and Cons of a 20% Down Payment

While a 20% down payment used to be the norm, now most lenders allow buyers to purchase a home with a much lower down payment – as low as 3% – 5%.  Even with low down payment options, many consider 20% to be the ‘golden rule’ of purchasing a home....

Make a Competitive Offer

There are pros and cons to every market. The biggest pro for buyers right now is low interest rates give you more buying power.  The biggest con? With low inventory, competition is fierce.  With many Connecticut sellers receiving multiple offers, buyers must...

Prepare for Pre-approval

Buying a home is one of the most significant investments in your life. It’s one that takes time, preparation, and research. If you know you want to buy in 2019, particularly during the spring market, start preparing now. Getting pre-approved for a loan feels like the...