How to Improve Your Credit Score in Glendale

There are a variety of opportunities in the Phoenix Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Have you ever heard about credit services here in Glendale? Randall Mills from The Mills Team at Amerifirst is here to answer some questions about credit services today.

What are credit services? They’re a free credit program for clients. We help clients get credit scores to where they’re actually practical and reasonable.

How does this work? We take a quick application and simulate an interaction with credit bureaus. We know how that audience would react, so we work on how to improve them with you. It’s easy.

If you need credit services, give us a call today! I’ll connect you with Randall. I’m here, too, for your other real estate needs. We’re happy to serve you and seal that deal with your dream home soon.

Does a 0% Down Loan Really Exist?

There are a variety of opportunities in the Phoenix Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Today we are here with Randall Mills with the Mills Team at Amerifirst Mortgage, and we’re going to talk about 0% down home loan programs.

There is a great program from Amerifirst and Maricopa County out there, where the county will pay your down payment for free, for both conventional and FHA loans.

There are some income and credit qualifications you’ll have to meet, but if you aren’t where you need to be with either of those, Amerifirst can help you out.

If you want to save some money in your bank account and utilize a 0% down loan program, give us a call or send us an email and we’ll see if you qualify. Also, if you or someone you know is looking to buy or sell in the next 90 days, we would love the opportunity to help them make a move. Talk to you soon!

Why Are People Waiting to Buy Homes?

There are a variety of opportunities in the Phoenix Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

One thing we know for certain about the real estate market is that it is never going to stay the same for long. Today we want to talk about an interesting trend we’ve notcied in real estate: millennials are waiting longer to purchase their first homes than their parents did.

The typical first-time buyer now rents for an average of 6 years before buying a home, which is up from 2.6 years in the early 1970’s, according to Zillow.

We came across a great article on the topic from MSNBC. If you’d like to read the full story, click here. To save you some time, I will give you my three biggest takeaways from the article.

1. Down payments are a huge factor
Renters in today’s market are struggling to save for down payments and qualify for mortgages. Most first-time buyers still depend on personal savings for at least some of their down payments, but rising rental prices have complicated the task of socking away money for a down payment.

2. Rising rental rates are complicating things as well
 Rental rates are causing 46% of renters aged 25-354, to spend more than 30 percent of their incomes on rent, up from 40 percent a decade earlier.

3. Job security is important to millennial buyers
 The Money Source, a mortgage lender, examined applications from 5,404 millennial buyers and found that these buyers averaged nearly 4.5 years in their field of work and had held their current job for slightly more than three years. Those figures point to how critical career stability is to a younger generation.