Tag Archives: #realestate

Congratulations to Our September Rock Stars!

DHREA 15/10/2019

Deacon Hoover Real Estate Advisors is pleased to announce our September leaders:

Congrats to Anthony Angotti and The Angotti Team for being the top producing team in the month of September, with over $2.185MIL in production!

Congrats to Gina Giacchino for being the top producing Advisor for the month, with over $255k in production!

Contact any of are Advisors to list or buy your home. Don’t forget to ask about our #90DayGuarantee and #OneStop!

Network with over 700 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
736 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
222 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Red Tree Mortgage: https://www.redtreemtg.com/

Read More

Tara Mortgage Services featured blog: Mortgage Mythbusters: First-Time Homebuyer Edition

DHREA 25/09/2019
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Entering the housing market as a newbie can be intimidating. Even more so when you hear rumors about how “difficult” or “expensive,” it is. But don’t believe it! As the experts in first-time home loans, we have all the answers and resources to make your home purchase happen with ease.

Find out the truth about buying your first home, and for personalized answers, contact us! 

Myth #1:

You need 20% downpayment.

While a 20% down payment means you won’t pay private mortgage insurance (PMI), you can buy a home with much less down. In fact, there are loan programs that require as little as 3% down. Are you a veteran, currently enlisted, or a spouse of a member of armed forces? Then you may qualify for zero down! 

20% down has its perks, such as no PMI and building equity a lot sooner. But that doesn’t mean you MUST have 20% now to buy a home. When it comes to how much you can afford to pay every month, an FHA loan with 3% may be the most affordable option.

Myth #2:

You won’t qualify for a home loan if you have student loans.

Got student debt! So do most borrowers! Student debt and credit card debt are different “in the eyes of lenders.” So even if you have substantial student debt, buying your first home is still very much possible. 

Myth #3:

Avoid adjustable-rate mortgages like the plague.

The 2008 housing crisis is still fresh on many buyer’s minds, and this may make you wary of adjustable-rate mortgages (ARMs). But you shouldn’t be! The bust was more of an issue of too-lax qualifying standards and less about the loan program itself. 

ARM loans are an attractive option because of the low fixed interest rate it offers for the first few years. An ARM is a great option if you plan on refinancing or selling within 10 years. In fact, it could potentially save you thousands.

Myth #4:

You won’t qualify for any government home loan program. 

Government-sponsored loans from Fannie Mae and Freddie Mac offer numerous affordable lending options. Eligibility is much easier than other loan programs and could be based on the location of the home, your income, your military status, and even your first-time homebuyer status! 

Curious as to which government loan you qualify for? Contact us today to get started!

Myth #5:

Your pre-approval can be used on ANY home.

The property itself may impact how much you’ll ultimately be able to borrow, especially when it comes to the final cost. So even if you were approved for a specific amount, your pre-approval might not be work in that particular property. This is most often the case when it comes to properties like condos and townhomes that may have higher final cost due to property tax rates and homeowners association fees. 

Myth #6:

You don’t need a real estate agent.

Searching home listings via the internet is easy but presenting you a list of homes for sale isn’t the only thing a real estate agent does! They work as your advocate. They know the housing market well, know all the right questions to ask, negotiate on your behalf, and make sure that you are absolutely satisfied with your new home purchase. 

Whether you’re a first-time buyer or an experienced “flipper,” real estate agents offer an invaluable service in the homebuying journey. 

So what’s the truth about purchasing a home as a first-time buyer? It’s easier than you think! Contact us today to get matched with a home loan program that fits your budget and lifestyle. For the fastest response, use our contact form located on our site or give Tara Mortgage Services a call. We look forward to serving your mortgage needs!

Network with over 700 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Analyzing your next RE Deal and the actions steps from A-Z to get to closing

Saturday, Oct 12, 2019, 10:00 AM

Hampton Inn Bridgeville
150 Old Pond Rd Bridgeville, pa

25 Members Attending

We will discuss the steps from start to finish in detail. From creating your business model, how to find the great deals before the other person does and the specific steps to get that deal under contract and to the closing table. We are going to cram in a lot in 2 hours but it will be worth every minute.

Check out this Meetup →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
203 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Next Meetup

The ABCs of Land-lording

Thursday, Oct 10, 2019, 6:30 PM
9 Attending

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Red Tree Mortgage: https://www.redtreemtg.com/

Read More

Real Estate Investing w/ Alex Deacon (Podcast): Flipping Houses: Should I Hire My Own General Contractor?

DHREA 17/09/2019

In this episode, Alex Deacon discusses flipping houses, and the pros and cons of hiring a general contractor. Alex breaks down different scenarios and delivers great tips for investors of all experience levels!

Network with over 700 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
714 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
195 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Red Tree Mortgage: https://www.redtreemtg.com/

Read More

Tara Mortgage Services Featured Blog: The Essentials of Getting a Veteran Home Loan

DHREA 11/09/2019
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If you are an active member of the Military, a veteran or a spouse of a member of the armed forces, you may qualify for a unique mortgage program from the Department of Veteran Affairs. VA loans offer some of the most affordable ways to finance a home purchase. 

VA loans are exclusive to members of the Military and their spouses, and there are particular eligibility requirements. Here’s what you need to know about qualifying for a VA loan.

 Secure A Certificate of Eligibility (COE)

A Certificate of Eligibility (COE) is a document that proves you meet the requirement of being an active member of the Military, a veteran, a National Guard, a reserve member, or a surviving spouse. The COE, however, does not mean you qualify for a mortgage. It is just evidence that you are eligible for a VA loan program. 

If you had previously applied for your COE but have since misplaced it, you can easily apply for another. 

Check Credit Report for Errors

Your credit report determines your eligibility for a mortgage and the rate you qualify for. With a prequalifying application, we’ll do a “soft credit check” to give you an idea of where you stand. When you are ready to apply, a “hard pull” will provide you with a definitive view of your financial health. 

Review it for inconsistencies such as strange social security numbers, credit accounts you don’t recognize, late payments that never happened, or incorrect balances. 

If you find errors, dispute them with the credit bureaus. They now offer online dispute services, so correcting them goes by much faster. 

Limitations of a VA Mortgage

VA loans are for purchasing primary residences, not a rental or vacation property. To make sure you indeed plan to make the property your primary residence, you’ll be required to occupy the home within 60 days of closing. This may be waived if the house is undergoing significant renovations or if you are deployed. Note, however, that the spouse of the active military member can fulfill this requirement. 

What Out For These VA Qualifying Mistakes

After submitting your COE, qualifying for a VA loan is straightforward. However, two actions could make your deal fall through. 

Avoid Changing Employment

If you’re a veteran, hold a civilian job while an active member of the armed forces, or are a surviving spouse, do not to make any changes to your employment. The length of work, amount of hours, and income all factor into the loan qualification decision.  Changing employment while in the loan process could disqualify you!

Avoid Big Purchases

One of the factors used to determine your eligibility for a VA loan is your debt-to-income ratio which determines the amount of debt you carry compared to your income. So if you finance a big purchase, such as a car, it will increase your debt and change your ratio, disqualifying you from getting a VA loan. 

Want to learn more about the benefits of a VA loan? Contact Tara Mortgage Services! Our dedicated team of mortgage professionals has all the answers to your home loan and refi questions. 

Network with over 700 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
711 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
194 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Red Tree Mortgage: https://www.redtreemtg.com/

Read More

Alex Deacon’s Property Management Series (Podcast): How To Self Manage Instead Of Hiring A Management Company

DHREA 10/09/2019

In this episode, Alex Deacon delivers tips on how to self manage your property, and discusses who should be on your “team”.

Network with over 700 Real Estate Investors! Join Alex Deacon’s Real Estate Networking Group on MeetUp.com, and be one of the first to receive updates on upcoming events!

Alex Deacon Real Estate Networking Workshops

Carnegie, PA
710 Members

Learn investing from a local expert with a vast amount of experience in the Pittsburgh market. Alex started investing in 1993. We will review hands on examples, analysis, and …

Check out this Meetup Group →

Join Alex Deacon’s fast-growing Pittsburgh Landlord Group on MeetUp.com! Connect with other Landlords for monthly seminars with Q & A! Click below!

Pittsburgh Landlord Group

Carnegie, PA
195 Members

This is a great venue for Real estate investors, real estate agents and property managers to expand your knowledge and to help others in the field of being a landlord. We will…

Check out this Meetup Group →

Visit our affiliates!

MACE Property Management: www.PittsburghPropertyManagement.com

Tara Mortgage Services, LLC: www.Tara-MTG.net

HDH Settlement Services, LLC: www.HDHTitle.com

Burkhead Insurance Services: Burkhead.Insure

Bin There Dump That: www.PittsburghDumpsterRental.com

Red Tree Mortgage: https://www.redtreemtg.com/

Read More
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