Saving for a Down Payment? What You Should Know
Greater Realty LLC 2 years ago

As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start.

If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why.

The 20% Down Payment Myth

If you believe you have to put 20% down on a home, you may have based your goal on a common misconception. Freddie Mac explains:

“. . . nearly a third of prospective homebuyers think the...
2 Questions Every Homebuyer Should Ask Themselves
Greater Realty LLC 2 years ago

Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows no signs of letting up soon.

Economic uncertainty and the volatility of the financial markets are causing mortgage rates to rise. George Ratiu, Senior Economist and Manage...
Greater Realty LLC 8 years ago

We've been getting calls recently from people seeing our listings in the "for rent" section on Craigslist. This scam is getting popular in the Wausau area, unfortunately.

Scammers will steal photos of real homes from the local real estate MLS database and put up an ad looking for someone to rent their home, but what they want to do is get you to send them a security deposit via wire transfer or online.

Here are some red flags to watch out for -

The home is for rent for a cost that seems "too go...
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