Michael R Balog

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So far Michael R Balog has created 318 blog entries.

You Need More Than a Guide. You Need a Sherpa.

In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to offer [...]

By |2019-10-10T08:35:30-04:00October 10th, 2019|News, Trending Real Estate Topics|0 Comments

What FICO® Score Do You Need to Qualify for a Mortgage?

While a recent announcement from CNBC shares that the average national FICO® score has reached an all-time high of 706, the good news for potential buyers is that you don’t need a score that high to qualify for a mortgage. Let’s unpack the credit score myth so you can to become a homeowner sooner than [...]

By |2019-10-08T08:44:55-04:00October 8th, 2019|News, Trending Real Estate Topics|0 Comments

62% of Buyers Are Wrong About Down Payment Needs

According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans believe you must put at least 20% down in order to purchase a home.” When potential homebuyers think they need a 20% down [...]

By |2019-10-07T12:47:47-04:00October 7th, 2019|News, Trending Real Estate Topics|0 Comments

5 Homebuying Acronyms You Need to Know

ome Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are here to help you feel confident and informed [...]

By |2019-10-04T10:29:35-04:00October 4th, 2019|News, Trending Real Estate Topics|0 Comments

3 Signs the Housing Market Is on the Rebound

The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound: 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home Sales (contracts signed) are up with each of the [...]

By |2019-10-03T08:16:17-04:00October 3rd, 2019|News, Trending Real Estate Topics|0 Comments