K.M. Minemier & Associates is a certified Woman Owned Small Business (WOSB) engaged in full service real estate asset management and marketing.

Articles on #BuyAHUDHome

What Should I Ask a Potential Mortgage Lender?

August 01, 2020

Shopping for a mortgage can be stressful and time-consuming, especially when you know next to nothing about the process. Nobody wants to feel like they’re making a monumental decision while going in blind.With that in mind, here’s a list of questions to ask your mortgage lender, before you sign anything.1. WHAT TYPE OF LOANS DO ...

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How to Increase Property Value for 2020: Top 10 Cost-Effective Home Renovations

August 01, 2020

1. Get Creative and Increase the Usable Square Footage of your Home Square footage has one of the largest impacts on the value of your home or condo. When buyers begin their search for a property, they generally have an idea of how many bedrooms, bathrooms and an approximate idea of the square footage they want.One of the ...

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Does Your Home Have What Buyers Are Looking For?

July 14, 2020

There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com:“Sellers continue returning to the market at a cautious ...

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Buying in a Seller’s Market: 9 Ways to Win

July 10, 2020

Lexi Klinkenberg What is a Seller’s Market?A seller’s market is when there are more homebuyers in a particular area looking to purchase a home than actual houses listed for sale. A seller’s market usually results in rising home prices and stiffer competition among homebuyers. Also, home sellers will have the upper hand when it comes ...

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Is now a good time to buy a home? Over 60% of surveyed Americans say yes

July 07, 2020

That's a 9-point climb in Fannie Mae’s HPSI measurement​​​​​​​Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ housing-related attitudes, intentions and perceptions, increased nine points in June to 76.5. Although the HPSI is down 15 points year-over-year, June’s gain marked the second rise in HPSI since April’s almost record ...

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Credit Requirements for FHA Loans

July 01, 2020

Good Credit History Makes it Easier to QualifyFHA loans provide great assistance to many first time home buyers by offering mortgage loans with lower down payments. While this is a benefit for many people, recent changes in policy may have put the loans just out of reach for some would-be homeowners with questionable credit history. For those interested ...

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A Historic Rebound for the Housing Market

June 14, 2020

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important?According to NAR, the Pending Home Sales Index (PHS) is:“A leading indicator of ...

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Selling your home during COVID-19: Is it a good time to sell?

June 05, 2020

The common question is "Is it a good time to sell a property given the current situation?"Homelight recommends listing your home as soon as possible if you are planning to sell your property within the next 24 months. If the economy comes to a significant decline, it will be more challenging to sell your home in ...

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REPEAT HOMEBUYERS

June 01, 2020

 You have a choice in a home loan. Make it a Great Choice.As a state agency, THDA created the Great Choice Home Loan program to make homeownership available and affordable for first-time homebuyers, but repeat homebuyers can participate if you meet any of the following qualifications:Have not lived in a home you own for at least three ...

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Buying During the Virus By Sandra C Brown, Broker, GRI

May 15, 2020

Buying a home just got more difficult. By sandra C Brown, GRI Broker/Owner Dream Catcher RealtyOur office uses three main lenders for buyers.   In the past 60 days we have talked with most of them 2 to 3 times a week.  This is summary of some of our talks. 1) Just because you were ...

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Spring homebuying season is all but canceled — but will it hurt home values?

May 01, 2020

The longest U.S. economic expansion in history is writing its final chapter as COVID-19 casts a long shadow on the economy, including what was a vigorous housing market just a few months ago, prior to the outbreak. ast year's active spring homebuying season was driven by robust house-buying power, a stark contrast from this season's ...

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Buying a Home Right Now: Easy? No. Smart? Yes.

April 15, 2020

Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed:“The March ShowingTime Showing Index® recorded the ...

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Economic uncertainty due to virus makes for unusual mortgage rate landscape

April 14, 2020

Economic uncertainty due to virus makes for unusual mortgage rate landscapeMoreUncertainty is everywhere in the financial world these days as the COVID-19 pandemic spreads, and that's translating into big swings in mortgage rates and challenges in how to navigate borrowing for a home.Given the lack of economic clarity, brokers says it's important to keep a close ...

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How the Coronavirus Is Affecting Home Buyers and Sellers Right Now

April 01, 2020

The coronavirus pandemic, and resulting financial crisis, stock market crash, and growing number of layoffs, could make the already serious housing shortage even more severe.Amid widespread fear and unprecedented measures, including social distancing and "shelter in place" procedures in especially hard-hit cities, nearly 28% of Realtors® are seeing fewer homes on the market as a result of ...

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Summertime is the perfect time for outdoor barbeques, beach, water adventures, lemonade, yard sales, traveling and of course purchasing a new family home!

March 09, 2020

For most people, moving from one home to another can be wearisome. Scheduling your move is one great way to make the experience a smoother and happier one for you and your entire family. When is the best time to move? Many people will say that summertime is the most ideal time to pack your bags and call ...

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What Should I Ask a Potential Mortgage Lender?

March 01, 2020

Shopping for a mortgage can be stressful and time-consuming, especially when you know next to nothing about the process. Nobody wants to feel like they’re making a monumental decision while going in blind.With that in mind, here’s a list of questions to ask your mortgage lender, before you sign anything.1. What type of loans do ...

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How the Housing Market Benefits with Uncertainty in the World

February 14, 2020

It’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains,“...

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You have a choice in a home loan. Make it a Great Choice - Active Duty Military & Veterans

February 03, 2020

You have a choice in a home loan. Make it a Great Choice - Choices for Active Duty Military & VeteransAs a state agency, THDA celebrates and honors the men and women who serve in our country’s military with the Homeownership for the Brave program.Homeownership for the Brave is a type of Great Choice Home Loan that ...

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NFL Cribs: Where Do the Kansas City Chiefs Call Home?

February 01, 2020

By Erik Gunther | Jan 28, 2020Getty Images; realtor.comFive decades after their last appearance in the Super Bowl, the Kansas City Chiefs are back. Fueled by thrilling 24-year-old quarterback Patrick Mahomes, the team has reinvigorated its long-suffering fan base.No, it's not as if the Chiefs have been complete rubbish over the past 50 years. They've ...

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Housing Inventory Vanishing: What Is the Impact on You?

January 14, 2020

The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report explains:“Last ...

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Realtors kick-off 2020 on the right foot as home shoppers start to get busy in early January

January 08, 2020

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Need Home Repairs & Live in TN?

January 02, 2020

Need Home Repairs?THDA provides funding for home repairs for low- and very-low income, elderly, disabled and special needs Tennesseans through the Tennessee Housing Trust Fund, Weatherization Assistance Program, Low-Income Home Energy Assistance Program, and the HOME Program. If you are a homeowner interested in receiving a grant or loan to rehabilitate your home, please call (615) 815-2030 so ...

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5 HUD Home Buying Mistakes To Avoid

December 14, 2019

Post by: Nancy Braun, Showcase Realty Know the pitfalls of buying a HUD home If you plan to be a home-flipper, investing in a Charlotte NC HUD home may seem like a good idea. But if it is your first time, and you don’t know anyone who has bought a HUD home in your area, investing in ...

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2020 Real Estate Outlook: Expert Predictions For Mortgage Rates, Home Prices, Tech And More

December 12, 2019

  The 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market. Will 2020 be more of the same? According to experts, yes and no.We spoke to six mortgage, real estate, and housing professionals. Here’s what they say is in store for the ...

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No More VA Loan Limits Next Year: Who's unhappy?

December 09, 2019

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