Why Should You Be a Preapproved Buyer?

Why Should You Be a Preapproved Buyer?

Today I wanted to talk about the importance of being preapproved for a mortgage. With many loan programs like FHA, CHFA, USDA (the only 100% financing loan) and conventional (including fixed and rehab), this is all the reason why you should be preapproved for a mortgage!

If you are not preapproved for a mortgage before you go out looking for homes, you are at a huge disadvantage right now. We’ve had buyers get excited and go out, look at homes and walk into a $350,000 home thinking they can afford it. However, after talking to a lender or mortgage broker, they find out they’re only approved for a $250,000 mortgage. This is a huge letdown! On the positive end of it, we’ve had people thinking they could only afford a condominium and find out after preapproval that they qualify for a larger mortgage.

I just want to stress that if you are not preapproved before you physically go out looking at homes, you are at a huge disadvantage. You can either call or email me and we can get you preapproved for a mortgage. It only takes 5-10 minutes, its painless, there is no obligation and we can match you up with one of our fantastic lending partners with the best products and interest rates.

Thanks and have a great day!

3 Tips for Buying a Home During the Holidays

3 Tips for Buying a Home During the Holidays

Today I wanted to talk about holiday home buying tips if you are looking for a home. Number one, the market doesn’t stop during the holidays. We sell a lot of homes through Thanksgiving, Christmas and the New Year. Last December was one of the busiest home-selling seasons we’ve had. If you are looking for a home, understand we still sell homes through December.

Second, December is when you will get a good deal as a buyer because sellers tend to be more negotiable during the holidays. This can because they home may be on the market for two or three months already and will be very open to any reasonable offers. Finally, I want to make sure you are working for a real estate team that does not check out during the holidays. Many part time agencies shut down for the holidays. Here at the Carbutti Company Real Estate, we are a full time real estate team. Not only will be working with me, you will work with my entire team who will be available 24/7. We will make sure we show you properties, get you preapproved for a mortgage, negotiate on your behalf or do whatever needs to be done to get you into a home.

If you are looking for a home and would to set up showings, call me at (203) 980-6886 or email me at jonathan@carbutti.com. Thanks and have a great day!

I Want to Wish You a Happy Thanksgiving!

I Want to Wish You a Happy Thanksgiving!

The season of giving is upon us and I wanted to give thanks to you and everyone else that has touched our lives this year. I hope you also take this time to offer thanks to the people who have helped you through this past year. I wish you a safe and Happy Thanksgiving and you can watch my latest video to hear my holiday message!

Fannie Mae Homepath Properties

Fannie Mae Homepath Properties

Hey, guys! Welcome back to my video blog!

A lot of you are searching online for the perfect home. Have you found it yet?

Through The Federal National Mortgage Association, more commonly known as Fannie Mae, I know about some great homes before they are even listed. In fact, there are four homes coming on our market just this month!

So what is Fannie Mae? It’s a government-sponsored enterprise that was designed to promote first time home ownership.  What’s great about this program is they are available to owner-occupants first.

Some of these properties need a lot of work; others just need a fresh coat of paint. We have access to these homes first and can help you. That’s why you should contact a realtor first; let them know what you’re needs are! We can help you find that perfect home.