IN Peters Township April/May 2018 | Page 56

REAL ESTATE SPECIAL SECTION REACHING YOUR TARGETED CUSTOMERS HAS NEVER BEEN EASIER. The facts speak for themselves! Direct Mail remains the single most cost effective method of advertising for reaching customers within your community. Contact us at 724.942.0940 REACHING YOUR TARGETED CUSTOMERS HAS NEVER BEEN EASIER. What First-Time WE Homebuyers GET YOU NOTICED! Should Know Last year was a great year for new homebuyers. According to the National Association of Realtors, about 35 percent of the homebuying market was made up of first-time buyers. Yet, each year is not created equally in the mortgage industry and real estate market. Changes happen frequently and it is often hard to keep up. If you’re looking to break into real estate for the first time, here are some insights into how to navigate the market. Get your business noticed in all the best locations... YOUR CUSTOMER’S SAVING. HOME! Step number one for a first-time homebuyer should always be saving. Take a look at your current finances. It’s recommended that your mortgage payment not exceed 30 percent of your gross monthly income. See where you can cut back spending to put away a little extra out of your paycheck every month for your new home. Not only can this cash go toward a down payment, but most likely you’ll need furniture, appliances, and decorations to furnish your new home. Don’t just calculate Contact us at the amount of money needed for a down Contact payment. Keep the unforeseen expenses us in mind at 724.942.0940 724.942.0940 such as home repairs, agent fees and closing costs. You can never save too much! 1. Mortgage. Applying for a mortgage can be an intimidating process, but if you prepare accordingly, you’ll be happy with the outcome. According to LendingTree.com, mortgage lenders are allowing higher debt levels for borrowers with lower down payments (as little as 3 percent on a conventional mortgage loan). You may not need the typical 20 percent down that was required of homebuyers a few decades ago. If your debt-to-income ratio is high, you may not have to worry. Mortgage companies are making it easier for borrowers with more debt to still qualify. Continued on page 57 > The facts speak for themselves. Direct Mail remains the single most cost effective method of advertising for reaching customers within your community. we’ve got you covered. 34 COMMUNITIES AND COUNTING Contact us at 724.942.0940 To advertise call 724.942.0940 54 724.942.0940 TO ADVERTISE ❘ icmags.com