GCS Title

GCS Title

Discover the GCS Experience!

Phone (952) 895-8400
Email: contact@gcstitle.com

GCS Title
1915 Plaza Drive Suite 205<br>Eagan, MN 55122

Open in Google Maps
QUESTIONS? CALL: (952) 895-8400 | Privacy Statement | Serving all MN and WI
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
  • Snapchat
  • HOME
  • ENCOMPASS
  • ABOUT US
    • MEET THE TEAM
    • CAREERS
    • BLOG
  • RATE CALCULATOR
  • ORDERING
  • DOCUMENTS
  • F.A.Q.
  • LOCATIONS
RATECalculator
  • Home
  • Posts tagged "Down payment assistance"
January 19, 2021

Tag: Down payment assistance

Back to School

Wednesday, 31 August 2016 by GCS Admin

The kids are headed back to the classroom and it got me thinking that a lot of adults could use some schooling as well.  So much has changed in mortgage and real estate in the last few years and recent numbers from Black Knight Financial Services show evidence of housing market recovery:   

  • Home prices are up 5.3% year-over-year
  • Prices as of June rose for the 50th consecutive month 

Interest rates are still low, but a lot of young people grew up during a time of great real estate distress and haven’t experienced the strong markets that propelled the worth and wealth building of their parents.  They also haven’t experienced the evolution of interest rates and how high they’ve been to know anything other than the “historic lows” we’ve had for years.  They won’t last…it’s time to get schooled up on the current market and what’s involved in buying a home to make an educated decision as to whether homeownership is possible and the right decision for the long run.  The GCS Title team and I work with many outstanding, experienced real estate and mortgage professionals who can “teach” you what’s involved in the process and “instruct” you on your options.  We’re happy to introduce you! ~Charlie  

buyersDown payment assistancehome priceshomebuyershousing marketinterest ratesMN first time home buyerMN first time home buyersMN home buyersMN mortgageMN Real Estatemortgagerent vs. owntitle insurance
Read more
  • Published in On the House
No Comments

Forever Home?

Wednesday, 13 April 2016 by GCS Admin

On the House
Charlie Lawson – GCS Title

Bank of America released its inaugural Homebuyer Insights Report and there was a stat that really jumped out at me: 35% of the people 18 or older surveyed who want to buy a home in the future say they plan to retire wherever they buy. Some of our parents – and probably a lot of our grandparents – lived in one home for most of their adult lives, but the last few decades have seen people buying, selling and moving every 3-7 years. Here are some of the other responses to the survey questions along with some important talking points that we as real estate professionals need to be sure consumers hear and understand:

32% of Millennials said they will wait to pay down debt before buying a home
We need to stress that paying off debt isn’t the only aspect of qualifying for a mortgage and how important it is to make an overall plan for debt, credit and payment-preparedness. “Waiting to pay down debt” doesn’t mean you’re qualified – there are more pieces to the puzzle.

66% of Millennials said they would likely need assistance from their parents to buy their first home
It’s important to include rules and parameters for gift money as well as highlight and publicize the various down payment assistance programs available in our state, cities and counties.

75% of first-time homebuyers said they would skip bypass a starter home in favor of something more desirable
Going from renter to homeowner is a big step for anyone, so making a larger leap from the starting block will require more strategic planning. Again, talking to a lender far in advance of when a consumer *thinks* they’ll be ready to buy is the best way to learn about and maximize opportunity.

My team and I are here to help our Realtor and Loan Officer partners communicate the current conditions and issues in our market as well as help spread the word about the incredible benefits of homeownership. Let’s talk!

~Charlie

Down payment assistanceDown payment helphome priceshomeownershipMN first time home buyerMN Real Estatemortgage lending
Read more
  • Published in On the House
No Comments

On the House: Millennial Madness

Wednesday, 04 November 2015 by GCS Admin

Millennials…we hear this group mentioned so often, I’m starting to feel like Jan from the Brady Bunch – “Marcia, Marcia, Marcia!” But I can’t deny how important they are to the housing market and economy, so I’ll get over myself to share some important news: Using FHA loans (and other low down payment programs) to buy homes is up 23-percent from the first quarter of this year according to RealtyTrac and the interpretation is that more first time home buyers are getting into the market. That’s great because we need them! Millennials have been lukewarm about homeownership for the last few years, so the real estate community really needs to reach out and share the news that FHA made some changes that make payments more affordable.  There’s also other low down payment programs – even down payment assistance – so we all need to make sure that we promote all the great options to help people buy homes – Millennials or not.  If you’re thinking of buying or selling, I can put you in touch with great real estate and mortgage professionals who specialize in your area and situation. Message me!

 

Charlie

Charlie Lawson

Owner & President
GCS Title

612-207-2300

clawson@gcstitle.com

Facebook: GCS Title – Global Closing & Title Services

 

Down payment assistanceMN first time home buyerreal estate
Read more
  • Published in Real Estate & Mortgage Industry
No Comments

Connect with us!

  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
  • Snapchat

Enrich. Impact. Transform.

Add us on Snapchat!

PLEASE FOLLOW & LIKE US :)

Facebook
Twitter
LinkedIn
YouTube

SOCIAL MEDIA

https://youtu.be/4X9x5IxjiIQ

PARTNER POSTS

https://youtu.be/3H8JpQN0AhY

CREATIVE SERVICES

https://youtu.be/riZKexXgc-E

Making an Impact!

GCS Title HQ

1915 Plaza Drive Suite 205
Eagan, MN 55122
Phone (952) 895-8400
Email: contact@gcstitle.com

+ Add Us!

  • Tweet

GCS Title HQ

1915 Plaza Drive Suite 205
Eagan, MN 55122
Phone (952) 895-8400
Email: contact@gcstitle.com

Connect with us!!!

  • HOME
  • ENCOMPASS
  • ABOUT US
    • MEET THE TEAM
    • CAREERS
    • BLOG
  • RATE CALCULATOR
  • ORDERING
  • DOCUMENTS
  • F.A.Q.
  • LOCATIONS
  • GET SOCIAL

Copyright © 2020 GCS Title - All rights reserved.

TOP