Things That Could Help You Win a Bidding War on a Home

by Wells Funding Group | May 3, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Move-Up Buyers, Pricing

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...

What You Need To Budget for When Buying a Home

by Wells Funding Group | Apr 5, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Move-Up Buyers

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you...

Key Terms for Homebuyers [INFOGRAPHIC]

by Wells Funding Group | Mar 11, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Infographics, Interest Rates, Move-Up Buyers

Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the...

Down Payment Assistance Programs Can Help You Achieve Homeownership

by Wells Funding Group | Mar 2, 2022 | Buying Myths, Down Payments, First Time Home Buyer, For Buyers, Move-Up Buyers

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership....

Millennials: Do You Need a Home with More Space?

by Wells Funding Group | Feb 28, 2022 | Demographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up Buyers

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for...

How To Win as a Buyer in a Sellers’ Market [INFOGRAPHIC]

by Wells Funding Group | Feb 11, 2022 | Down Payments, First Time Home Buyer, For Buyers, Infographics, Move-Up Buyers

Some Highlights Even in today’s sellers’ market, there are still ways for buyers to win big. Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by getting a pre-approval...