Down payments are something that need to be fully understood before purchasing a home. How much does the down payment need to be? Where can it come from? Read on for answers to these questions and more. First off, what are down payments? A down payment is money that a
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Buying A Home In Your 20’s
Buying a home in your 20’s can be a great financial move if you can make it happen. Read on for practical steps and tips for purchasing a house before the age of 30. Decide where you want to live: Determine what your life plans may be for the next 3-5
Continue readingWhy Is Autumn A Good Time To Buy?
Why is autumn a good time to buy? Many people think spring or summer are the best times for real estate but that’s not always true! Check out these reasons you should be shopping for a home in the fall! Less competition: Less buyers in the real estate market during the
Continue readingHome Buying: Why You Should Buy In 2017
There are several factors that make home buying in 2017 a good idea. If you are on the fence about hopping on the home buying train, think about these factors that make 2017 the perfect year to purchase a home.
Continue readingDownsize-Why Buy A Smaller Home?
Make your life simpler: A large home usually means more expenses, more maintenance work and upkeep, and possibly more space than you really need. Moving to a smaller home can (sometimes) mean a less expensive mortgage, less work to maintain the home and becoming mortgage-free quicker. More money for other
Continue readingAll About Closing Costs
Closing costs are the fees that are charged by lenders and third parties related to the purchase of a home. What exactly makes up closing costs? Below is a break down of the different components: Escrow/Attorney Fees: Some states require third party escrow companies handle real estate closings while
Continue readingThe 7 Steps To Buying A Home
Make An Offer-A formal offer is written up and signed. This is a legally binding contract, however, contingencies can be added to allow the buyer to opt out of the contract should certain circumstances arise. Disclosures-Sellers are obligated to disclose any known issues that may affect property value or
Continue readingWhy You Should Buy Before Spring
Prices are forecasted to rise: The Home Price Expectation Survey polls a prestigious group of over 100 economists, investment strategists, and housing market analysts. Their most current report predicts that appreciation in home values over the next five years will be between 15.1% and 32.8%. Home values are projected to
Continue readingApplying For A Mortgage-6 Questions You Need Answers To
Applying For A Mortgage What’s your annual income? Be sure to include any money earned from bonuses and investments as well. What is your credit score? Before applying for a mortgage, it’s important to have an idea of what your score is. Not only is it imperative to know your score,
Continue reading5 Things To Do When Moving Into A New Home
1. Steam clean the carpeting. If you don’t own a carpet cleaner, you can have it done by a professional for around $45 per room or you can rent a steam cleaner from a home improvement store for about $35 a day. 2. Double check for plumbing leaks. Although your home inspector
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