What Is the Mortgage Underwriting Process? Part of the mortgage financing process, the mortgage underwriters are specialists who review your loan application. the mortgage underwriters look at your application and say, “Hey, I think Jean can pay back a mortgage.” Or “No, Jean is terrible with money.” What’s the underwriter looking for? Basically, they wantRead more
A new home, a new city, new friends, maybe a new job—it’s exhilarating and overwhelming! It is difficult to know exactly what you’re getting into when you move to a new city. The biggest unknown is always the cost of living. How much will it cost to rent or purchase a new home? What aboutRead more
How are Home Sale Prices and Rental Prices Determined? Real Estate values are determined by local, current market trends, defined by the law of supply and demand. When the demand for property is high but property is scarce, prices skyrocket and it becomes a seller’s market. Scarcity causes prices to rise when there isn’tRead more
Flood zones are geographic areas that the Federal Emergency Management Agency (FEMA) has defined according to varying levels of flood risk. You can view the latest Flood Maps for Owensboro and Daviess County by going to www.FEMA.gov or calling 1-877-FEMA MAP (1-877-336-2627) Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs vary depending onRead more
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’sRead more
Checklist: Prepare for Your Move Update your mailing address at usps.com or fill out a change-of-address form at your local post office. Change your address with important service providers, such as your bank(s), credit companies, magazine subscriptions, and others. Create a list of people who will need your new address. Whether you plan on sendingRead more
Understanding Financing Options For many, purchasing property is a new experience with an unfamiliar process. You may find yourself with questions over securing financing for your new home purchase. In these cases it’s helpful for a Tony Clark REALTOR® guidance to break down the financing options. Credit Scores Explain the basics of credit scoresRead more
Questions to Ask When Selecting a Lender Loan terms, rates, and products can vary significantly from one company to the next. When shopping around, these are a few things you should ask about. General questions: What are the most popular mortgages you offer? Why are they so popular? Are your rates, terms, fees, and closingRead more
Tony Clark Realtors is perenially the “go-to” real estate brokerage for successful results. Our numbers prove it. For the months of April and May 2020. When working as a seller’s agent, our listings have Average Days on Market: 78 days (in comparison to the GORA Average: 91 days) List To Sell Average: 99% Read more
When thinking of real estate and real property, the number one questions is one of value. “What’s my home worth?” Value can be determined by a competitive marketing analysis (CMA) and a home appraisal. Both reports are important in the home selling process and, while they are similar, they have some very big differences. What’s theRead more
Tony Clark Realtors®, LLC is located in Owensboro, KY, and has been representing home buyers and home sellers for over 40 years. Tony Clark Realtors® is also trusted by many property owners to manage their rental properties, having one of the largest portfolios of rental properties available in the area. When you choose Tony Clark Realtors® for your real estate needs, you can have peace of mind as to the high value and quality of service you'll receive.
