The Havasu real estate market continues to favor the seller. However, serious home buyers might want to take advantage of a slower wintertime market. While inventory remains low, the pool of buyers dwindles from October to around January/February. So, if you want to buy a Havasu home, now is actually a great time to do […]
Property Standards for an FHA Loan
First-time homebuyers and buyers with credit challenges tend to favor an FHA loan. Their lower down payment and credit score requirements help buyers get into a Lake Havasu home much easier (and for less money) than a conventional loan. However, the property you purchase must meet certain requirements to qualify for this type of loan […]
FHA Loan for Havasu Home Buyers Explained
When purchasing a home, the majority of buyers typically choose between three types of mortgage loans: Conventional, FHA, and VA. Conventional loans made up 82% of mortgages in the US according to an Ellie Mae report in August 2020. VA loans are only available to active or retired military members. They offer zero down loans […]
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