Mortgage Interest Deduction: By State

Improving the Mortgage Process for Buyers

“TD Bank recently announced the results of their inaugural Mortgage Service Index. The index was designed to identify best practices and trouble areas in home financing and act as a service indicator for lending institutions. Below are some of the key findings of the survey." - The KCM CREW

Positive Experiences

The index identified the percentage of respondents who had a positive (“excellent” or “very good”) experience in certain parts of the home buying experience:

·  64% had a positive experience during the home buying experience

·  55% finding a good Realtor

·  55% with the home appraisal/inspection process

·  53% finding the right lender

·  53% with the length of the entire home buying process

What Creates an Overall Positive Experience?

Certain key aspects of the relationship with the lender were important to those who said they had a very positive overall home buying experience. They rated their lender as “excellent” or “very good” in the following categories:

·  Responsive 74%

·  Accessible 76%

·  Honest and transparent 76%

·  Instilled confidence throughout the process 73%

·  Helped buyers understand the process 73%

·  Kept buyer informed during process 73%

·  Explained the mortgage and available options 72%

Other Key Findings:

1. On average, home buyers considered approximately two banks or lenders when applying for a mortgage

2. An equal number of those surveyed (43%) obtained information on the lending process from their bank and from their Realtor, demonstrating that Realtors are used as informative resources by consumers during the mortgage process

3. Only 34% of home buyers obtained a mortgage at their primary bank

Michael Copley, Executive Vice President, Retail Lending at TD Bank concluded:

“As the housing market continues to rebound, the growing number of buyers should be aware of what to look for in a mortgage partner and seek out a lender who will best guide them through the home financing process in order to create a positive home buying experience.”

 Thanks to "THE KCM CREW" for this fantastic information!

Talega - New Home For Sale

Beautiful Farralon Ridge  residence that has wow factor everywhere. It begins as you enter the cul de sac & pull into your expansive driveway. The craftsman style exterior has fresh paint & glistens as you approach this vibrant family home & peaceful neighborhood. This largest plan 3 model has 4 bedrooms & 3 baths and is situated on a 6,643 square foot parcel & is the perfect place to raise a family. The open concept floor plan offers a generous family room which opens to the kitchen & has a separate dining room. 

The master suite features a walkout balcony with views to die for, walk in closet, built ins & a spacious bathroom. Low HOA's & Mello Roos fees make this Talega neighborhood a real value. Your low maintenance hardscaped back yard is full of all the tools to entertain in a casual, elegant, fashion. Built in bbq and tropical setting with water feature & koi pond. Indoor and outdoor living at it's finest. You overlook a true natural wonder with sweeping mountain views & vast expanses of open space as far as the eye takes you. Steps from the Christianitos Regional Trail connecting you to 19 miles of Talega's hiking trails throughout this master planned area. Talega offers many amenities. 4 pools, sport & sand volleyball courts, tot lots and more.