First Chance Mortgage

12/28/2024

Rates are not as good as 18 month ago. the housing market is getting softer.. Where at one time is was a sellers market.. I am seeing the pendulum swing back to buyer creating a "Fair Market " I expect by April First 2025 we could see a n uptick in home sales. I encourage you not to pay a lot of points to get a mortgage loan .. Reason, points are based on 30 years. if rates come down by end of 2025 you will have waisted that money. and your should refinance if it makes sense... keep your current remaining years in the new refinance loan.. do not extend back to original 30 years of the was the period of your initial loan. If seller is paying for points in closing costs.. use the points.. they will be lost if not used. In any event.. keep in mind the home you plan to buy you should be able to negotiate better with the seller than in the immediate past. The cost of home is now to your advantage .. the price should offset a higher rate by some degree of comfort. I see 2025 as a good year for all sides of real-estate transactions. Wishing you all a very Happy and Successful New Year.. AC

06/15/2024

Just to let our clients and friends know. We sold our office building and now our mailing address P.O. Box 2803 Loganville, GA 30052. our phone number is the same and emails are all the same. I can be reached on cell phone at 770-355-7562 after hours if any clients need assistance on a new mortgage. Rates are coming down.. if you need to meet in person.. you can by set an appointment time and we can accommodate all clients with physical address to met you at . Thank you all for your business and referrals to our company. Al Coughlin President / CEO [email protected]

06/14/2024

God is revealing Himself more and more each day...if you've ever wondered if the bible can be trusted to be God's Word, you must watch this - this is undeniable and amazing evidence. Without computers this code would likely be impossible to see. I've hand verified some of these in my KJV - it's real. All glory to God!

The words of the LORD are pure words: as silver tried in a furnace of earth, purified seven times. Psalm 12:6A 17-min presentation of numeric patterns found ...

10/03/2022

Some experts think that our housing market is in or nearing a recession. Find out what this means for buyers, sellers and homeowners (and how it differs from an economic recession).

While home sales last month were down more than 20% from a year earlier, prices are up more than 10% and demand remains strong despite a slowdown.

09/30/2022

Staging can help showcase home features to potential buyers. But it's important to know how staging tricks can be used to hide things too -- and how you can spot them.

These common staging tricks may not all be deal breakers, but it's good to recognize any red flags before you move forward in buying a home.

09/27/2022

When lenders assess risk for a mortgage, this includes the home you'd like to buy. Here are four potential property risks that lenders look out for and buyers should know.

As a buyer, you should look out for these features.

09/24/2022

Having a trained eye can help you identify and evaluate these important property and construction factors before you buy.

Flipping a house is exciting but requires careful analysis of the home itself, so don't bypass this essential step.

09/22/2022

Fixer-uppers can allow people to become homeowners when turnkey properties aren't an affordable option. Another lesser-known fact is that they can be financed -- reach out to learn more.

Not sure where to buy a fixer-upper? Here's how much a fixer-upper costs in the 50 biggest cities and how much you're saving when buying one.

09/19/2022

Recent decreases in mortgage rates and the ongoing cooldown of pandemic demand have created more favorable conditions for buyers.

According to the MBA’s Purchase Applications Payment Index, national median mortgage payments applied for decreased for a second month in a row.

09/16/2022

Average home prices across the nation saw a slump in prices for the first time in 3 years recently. Are more market changes on the horizon?

The sharp and fast rise in mortgage rates this year caused an already pricey housing market to become even less affordable.

09/13/2022

No one wants to overpay for property, but it can be hard to tell in the moment. These five signs of an overpriced home can help you know when to question if the price is right.

Learn to spot common signs of overpriced real estate.

09/12/2022

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