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

How are Charlotte HUD Homes Sold?

June 12, 2021

Post by: Nancy Braun, Showcase Realty HUD homes are sold based on fair market value, which attracts both owner-occupants and investors alike. These properties are perfect for buyers who wish to move or invest in Charlotte NC.  Through HUD, homebuyers have access to quality housing options but with affordable mortgages. Investors, on the other hand, can ...

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Why Waiting to Buy a Home Could Cost You a Small Fortune

May 09, 2021

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs.To determine if ...

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Let’s Make a Deal! 7 Things You Can Negotiate When Buying a Home—Beyond the Asking Price

May 03, 2021

Whether you’re buying your first home or your 11th, there’s one thing we all think about when it comes time to negotiate the deal: wiggling that pesky price down as much as possible.Of course, price is important when you’re buying a home. But it’s not the only negotiable part of the sale—there are ...

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Owning a home for wealth accumulation.

April 24, 2021

Liberty Street Economics “Housing represents the largest asset owned by most households and is a major means of wealth accumulation, particularly for the middle class.”...

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How To Buy A Home In An Extreme Seller’s Market (That’s Occurring During A Pandemic)

April 17, 2021

Natalie Campisi Spring is usually the start of the home-buying season, but 2021 might defy the old model, one that counted on seasonality—and the traditional ways we shop for houses.The pandemic has ushered in new rules for home shopping and buying. Instead of showing up unannounced to a packed open house—with finger-food platters that everyone picks ...

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This Is the No. 1 Reason First-Time Home Buyers Are Wading Into the Hot Housing Market

April 01, 2021

The housing market is so hot right now that even modest starter homes are receiving multiple offers going six figures over the asking price. But the high prices and lack of homes on the market don't seem to be stopping many first-time buyers from throwing their hats into the ultracompetitive ring.The top reason that almost two-thirds of ...

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Top 5 Trendiest Interior Design Styles for Your Home's New Look!

April 01, 2021

Spring season is the best time to give our homes a new look and a fresh vibe. This season is the best time to make repairs, decorate and even renovate to potentially build some equity. If you are planning to give your home an interior major make-over this season, knowing the most popular design styles will help you decide ...

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How Do I Find The Right HUD Home For Me?

March 13, 2021

Post by: Nancy Braun, Showcase Realty Here Are Some Tips On How To Secure The HUD Home That Is Right For You Choosing the place you are going to call home is a big decision to make, and not one to take lightly. HUD homes are a popular choice, especially for first-time homebuyers. This is not surprising because ...

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Tennessee Offers Down Payment Assistance Programs

March 01, 2021

THDA created the Great Choice Home Loan programYou 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 Tennesseans of middle/moderate income. About Great Choice Home Loans:30-Year Term - Your monthly payments are spread out across 30 ...

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Home sales hit 14-year high in 2020, pushing prices to record levels

February 16, 2021

By Anna Bahney, CNN BusinessLast year brought skyrocketing unemployment and a global pandemic that battered the economy, but people were still buying homes. Existing home sales in 2020 rose to the highest level in 14 years as prices climbed to a record high.Home prices rose 9% in 2020 from the year before, with the annual median price of ...

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How to Fix Up Your HUD Home in Charlotte

February 03, 2021

Post by: Nancy Braun, Showcase Realty How your home looks after getting it renovated dictates the difference between a good or bad HUD home deal. This is true whether you bought the house to live in, or as an investment.Repairing a newly-bought foreclosed home could pose as quite a challenge. HUD homes are sold “as-is”, and ...

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5 Signs You Are Ready To Be a Homeowner (That Have Nothing To Do With Money)

February 01, 2021

There comes a time in renters' lives when they ask the age-old question: Should I become a homeowner? Obviously, finances have a lot to do with the decision whether to rent vs. buy.But there's more to it than just credit ratings and cash reserves—homeownership is a lifestyle change that you have to be willing to take ...

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Why are HUD Homes Good Investment Options?

January 09, 2021

Post by: Nancy Braun, Showcase RealtyWhy are HUD Homes Good Investment Options?Everyone wants the best deal possible when it comes to investment. That makes it easy to see why a lot of property buyers invest in HUD homes. These foreclosed homes offer a lot of unique benefits, especially for first-time investors.Here are some reasons why HUD ...

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A homebuyer’s guide to a competitive housing market

January 05, 2021

Millions of people are locking in their dream to own a home. So, what’s stopping you from the exciting homeownership journey? Despite the fact that low housing inventory is making it a competitive market, people are still buying and listing homes. It’s simply up to you to take ownership of your home-buying dream, and we’re here ...

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How to Buy a Foreclosed Home

December 16, 2020

By Chris Kissell and Dawn PapandreaAS HOME PRICES SOAR IN many cities, buyers may look to foreclosures to land bargains on houses. Foreclosure happens when a borrower can no longer make mortgage payments, and the lender seizes and then sells the home to recover losses.Foreclosed homes are often sold for less than their market value.That discount could ...

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3 Reasons to Be Optimistic about Real Estate in 2021

December 14, 2020

This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced many homeowners to reevaluate their space and ...

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Renting vs. buying a home: Which is right for you?

November 16, 2020

By Jennifer Bradley Franklin Renting vs. buying a home is a big decision, and there are pros and cons to each option. In recent years, a higher percentage of  U.S. households were renting than at any point since 1965, according to a Pew Research Center report.Renting vs. buying PROSCONSBuying• May build equity and credit• No landlord ...

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3 Things You Want To Know Before Buying A Home This Fall

November 12, 2020

If you are planning to become a homeowner this year, these three facts about fall real estate will help you make an informed decision.Image by Jens Neumann from Pixabay 1. Price Fluctuations. Zillow reports show that around the same time last year, there is a 4.1% increase in the median home value in the USA. With ...

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Self-Employed and Applying for a Mortgage? Here's What's Changed Since COVID-19

November 02, 2020

The gig economy has blown up in the past few years, with more and more people choosing to work as freelancers, either by starting their own businesses, or by picking up nonsalaried jobs from bigger companies. According to the Freelancers Union, over 50 million Americans worked this year as freelancers, a number that represents roughly 35% of the ...

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5 Things You Need to Be Pre-approved for a Mortgage

October 19, 2020

By MICHELE LERNER Shopping for a home may be exciting and fun, but serious homebuyers need to start the process in a lender's office, not at an open house. Most sellers expect buyers to have a pre-approval letter and will be more willing to negotiate with those who prove that they can obtain financing. Potential buyers need ...

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Two Important Impacts of Home Equity

October 14, 2020

Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains will also keep accelerating. Black Knight just reported:“The ...

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Help your homebuyers find their perfect home online by shopping on the HUDHomestore.com

October 13, 2020

90% of home shoppers today are likely to start their research online. 89% of them use the internet to search for real estate agents. What does this mean for realtors? It means now is the best time to advertise HUD Homes to get buyer leads as long as you get approval from HUD and/or the listing agent. There are ...

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Buying A Home The Most Affordable Since 2016: Low Mortgage Rates Give You Purchasing Power

September 17, 2020

Natalie Campisi On March 19, the average rate for the benchmark 30-year fixed rate mortgage spiked to 3.65%, nearly the highest level in a year. Since then, rates have steadily fallen—breaking records on their way down and making home loans cheaper. The drop in rates has been a boon to buyers who are facing rising home prices ...

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Real estate during the election year...

September 08, 2020

As the 2020 election is rearing closer, presidential candidates are presenting their policies on housing. As of January 2020, the nationwide inventory has declined whereas the average listing price reached nearly $300,000. From the past 13 elections, a pattern has been developed displaying a drop in sales around the month of July as well as a significantly weaker ...

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July’s new housing activity jumps back up amid increased demand

August 17, 2020

August 17, 2020, 9:00 am By Alex Roha Single-family housing authorizations rose 6.43% month-over-month in July – a sign that housing activity is advancing in the face of the ongoing pandemic, according to a report by Buildfax, a property condition data service provider.Despite the slight uptick last month, single-family authorizations are still down 5.25% year-over-year – ...

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