The video below is great for a first time home buyer to watch and get a feel for what the process looks like! Feel free to share it with anyone you know who may be looking to purchase their first home!
Thank you to everyone who came out to our Cherry Tree Circle event!! We had a great time seeing you and enjoying our Cherry Coke Floats together. Thank you also to Laynie McClain of Cherry Creek Mortgage for joining us and providing the floats!
If you were unable to make it you missed seeing the four sold homes in Lewiston’s newest subdivision, but feel free to drive the development any time! The model home is also open every Saturday from 11:30-1:30.
Cherry Tree circle is a culdesac off of Preston Ave, between 4th and 5th Street. Brand new homes starting at $189,900. You also do NOT have to get a construction loan to purchse one of these homes, and you can customize your plan and finishes. Best case scenario in the building world!
With these soaring temperatures I thought maybe someone would enjoy some recipes for the grill. I know the last thing I want to do in the evening is turn on the oven or cook over a hot stove while my a/c is already fighting to stay ahead.
In June CNN Money reported that 30 year Mortgage rates hit an all time low at an average of 3.66%. What does this mean for a person ready to buy some real estate exactly? It means that you can get a lot more house for your money!
A mortgage payment is typically built up of 4 components: payment on principle loan balance, interest payment, and tax payment and insurance payment. On a 30 year mortgage the interest is a large portion of your monthly payment. If your interest rate is low, you save money. It’s as simple as that.
Typically people can and will spend a little more on a house when they can get get a really low mortgage rate, because their payment is lower than expected!
If you are on the fence about buying, just know that these record lows are a huge advantage to you if you choose to buy now!