Today’s housing market is a little crazy, to say the least. We’re seeing many changes in interest rates and costs of homes being listed. There is currently less supply than there is demand. A market like this, along with rapid changes, makes appraisal gaps much more common. What is an appraisal gap, and how does […]
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Is Buying a House Cheaper Than Renting?
The bulk of most individuals’ money each month goes to keeping a roof over their heads. Whether through renting or buying, we all need a place to hang our hats, so to speak. And while there are an incredible number of factors that go into that decision, there are advantages and disadvantages to both options. […]
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Best Ways to Prepare for Buying a House
The process of buying a new home can be a difficult task, but once you’ve made the commitment, it’ll be well worth it in the end. Unfortunately, many people are unsure where to start when it comes to purchasing a house. Have no fear, GVC Mortgage is here to help you get started. If you […]
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7 Key Terms to Know When Buying a Home
Buying a home is a very exciting process. Especially when it is the first home. During the mortgage process, however, you might start to hear some terms that you aren’t quite familiar with and don’t apply to other typical loans, like a car loan. Of course, your agent and mortgage lender are there to help […]
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Pros and Cons to Building a Home
When it comes time to buy a new home, you’ll likely consider new construction. But to many people, that territory is unfamiliar. What are the pros and cons of building a new home? Is there anything to consider? Here are some things to keep in mind when making this very large decision from the team […]
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Escrow 101
If you’re a first-time homebuyer, the process of buying a house can be overwhelming. However, you can minimize anxiety, especially in the home loan process, by understanding a few key terms and concepts prior to signing on the dotted line. One important term you will soon hear is “escrow account”, and our team at GVC […]
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Two Reasons Why Millenials Rent vs. Buy
The generation segment that experts have labeled “Millenials”—those born between 1981 and 1997—have caused housing professionals to pause and lift an eyebrow. No longer is home ownership a dream many young adults want to realize quickly. Instead, what we’re discovering here at GVC Mortgage, and across the mortgage lending market, is that many Millenials are […]
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Home Loans & Your Credit Score
Are you wondering what your credit score has to do with buying or financing a new home? Don’t let your credit score keep you from being able to move forward with your real-estate dreams. We at GVC Mortgage recommend that you know what a credit score is, how it impacts financing a home loan, and […]
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