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A Huge Untapped Market of Homebuyers is just waiting on a down payment.
Millennials Are Largest Demographic Gap In Current Home Buying Market What was once the peak market for becoming a new homeowner has seen a large dip, according to a new report by Redfin. In recent...
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Young Buyers Want New Homes, But Economics Keep Them Out.
Young Buyers Want New Homes, But Economics Keep Them Out. According to a recent survey by Trulia, 2 in 5 homebuyers strongly or somewhat prefer a new home to an existing one. The added new home...
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The Down Payment Resource Every Homebuyer Should Know About
“It would take a typical borrower 27 years to save for a 20 percent down payment; 13.6 years to save for a 10 percent down payment.” - Silicon Valley Association of Realtors San Jose Mercury News...
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Rex HomeBuyer vs. 90% Loans vs. Piggyback 80/10/10
Rex HomeBuyer vs. 90% Loans vs. Piggyback 80/10/10 Doubling your down payment with REX HomeBuyer offers unique advantages. Qualifying for a home loan requires both sufficient cash for a down payment...
View ArticleHow Do You Turn Renters Into Buyers?
No matter where you live, it’s still usually cheaper to buy than to rent. Yet many Millennials, who in times past have made up the bulk of first-time homebuyers, still continue to rent. Some analysts...
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US NEWS & World Report – Creative Ways Americans Can Buy a Home
US News and World Report recently covered REX HomeBuyer as one of several creative ways to that people are using to buy homes in this challenging market. RPM loan advisor Rob Spinosa is introducing...
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Equity Investments Deliver What Lower Down Payments Can’t.
Smaller loans, smaller payments and No PMI If you’re right on the edge of being able to buy the home you want, newly available low down payment loans may not get you any closer. REX HomeBuyer might....
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Down Payment Cash Can Start the Cascade of Buyers Trading Up
“Unless you bring more cash to the table, you can’t trade up.” Keith Jurow, the Capital Preservation Real Estate Report Folks want to trade up, same as ever. Life events like expecting a baby or a...
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Bring Home Buyers Choice
Prices are up, inventory is down – where are buyers going to find the home they really want? Most first-time buyers have a vision of their ideal home. Besides fitting their aesthetic ideals, it has to...
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REX HomeBuyer Steps in For Generous Parents
Millennials make up a huge chunk of the home buying market; 32% of all homebuyers and 68% of first time homebuyers, according to a recent survey by the National Association of Realtors. But for many...
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Millennial Wave Hits Housing
Ride the Surge with Equity Finance “You’ve got the front end of a big wave of first-time homebuyers but the supply of affordable housing is not there to meet that wave,” said Sam Khater, CoreLogic’s...
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Rent vs Buy
Rent vs. Buy? The Choice is Easy With REX HomeBuyer In many popular housing markets REX HomeBuyer makes owning more attractive than buying on a monthly housing expense basis....
View ArticleFirstREX and RPM Mortgage Introduce New Down Payment Solution For Homebuyers
September 19, 2013 – FirstREX, the leader in residential real estate equity finance, announced that it is now providing REX HomeBuyer down payment funding in combination with the loans of RPM Mortgage,...
View ArticleCreative Ways Americans Can Buy a Home
February 3, 2015 – The recession caused many Americans to rethink whether homeownership truly is the American dream, yet a fair number of them still prefer owning to renting. In fact, a 2013 survey...
View ArticleBuyers in Hot Markets Try Creative Home Financing
April 22, 2015 – First-time homebuyers face an uphill battle in the best of circumstances, but in high-price areas, many have a particularly hard time coming up with a big enough down payment. That’s...
View ArticleJust Approved: Broker Helps Clients Prepare Same-Day Offer
Jauary 16, 2015 – Backstory: Prospective clients who wanted to write an offer on a property they saw with their Realtor, Kevin Markarian, reached out to Murray. The challenge was they wanted to write...
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