Pop quiz. What credit score do you need to buy a home? If your answer was B) 660 or C) 700 … you’re not alone. A lot of people believe you need "perfect" or “near perfect” credit. But you probably don’t need as high a credit score as you think. Even though a Veterans United survey shows 57% of would-be buyers think you need at least a 660, the long-standing benchmark for Fannie Mae and Freddie Mac loans is 620, and even that isn’t a hard rule for every loan. So the real answer? Both A) 620 and D) “it depends” are right. And with all the changes to credit models lately, even more people will be able to buy than before. Don’t let myths keep you locked into a lease. Let’s find out where you actually stand. #CreditScore #HomeBuyingTips Shayna Reavis | REALTOR ® 📞| 804.928.2700 💻| www.ShaynaReavis.com ✉️| [email protected] Licensed Real Estate Agent in Virginia and Florida Icon Realty Group, VA Aston Rose SE, FL #VirginiaRealEstate #FloridaRealEstate #RealEstate #RealEstateTips

The headlines about home sales falling through may sound scary. But here's something sellers should know. Most sales go through just fine. Only roughly 10-15% hit a snag. And the #1 reason those buyers back out is something you can actually head off before it ever becomes a problem. By getting a pre-listing inspection, you can avoid surprises and keep your sale moving forward, because you’ll already know what the buyer’s inspection will find and can fix it before you ever list or go in ready to negotiate. Don't let fear of the what-ifs hold you back. With the right prep and a smart strategy, selling is still possible. I help people do it every day. Let's talk about how to set your house up for success. #CancelledContracts #HomeSellingTips Shayna Reavis | REALTOR ® 📞| 804.928.2700 💻| www.ShaynaReavis.com ✉️| [email protected] Licensed Real Estate Agent in Virginia and Florida Icon Realty Group, VA Aston Rose SE, FL #VirginiaRealEstate #FloridaRealEstate #RealEstate #RealEstateTips

The Fed just met and they decided on no rate hike and no rate cut. So, what does that mean if you're watching and hoping for lower mortgage rates? The short answer: don't expect this to dramatically change things. For now, they’re holding steady. But a recent survey from Reuters asked 100 economists what to expect from here – and all 100 said the Fed will do a hike in December. Now, the Fed doesn't directly set mortgage rates, but their actions do have an impact. Rates will also move based on inflation, economic data, and how financial markets react. The takeaway? There’s a lot at play here – and we’ll probably see a hike the next time they meet. Follow me for straightforward updates on what’s actually happening and why it matters for the housing market. #MortgageRates #HousingMarketNews Shayna Reavis | REALTOR ® 📞| 804.928.2700 💻| www.ShaynaReavis.com ✉️| [email protected] Licensed Real Estate Agent in Virginia and Florida Icon Realty Group, VA Aston Rose SE, FL #VirginiaRealEstate #FloridaRealEstate #RealEstate #RealEstateTips