First Time Home Buyer’s Guide
Everything you need to know about the first time you buy a house, or a refresher for your second home and beyond! Check out the interactive version here.
5 More Tips for Saving for a Down Payment
So you’re starting to get serious about purchasing a home and you are socking away money for down payment! Way to go! A great target is to get to 20% down but there are loan options all the way down to $0 down. If you have started to make some strides on your savings plan, there may still be some room for improvement.Our last article started the frame work of creating a budget, opening a savings account, and starting to utilize both. Here’s five more tips to help you along the way.
A great tool is to set up recurring deposits into your savings account. It can be as simple as a recurring monthly transfer OR nowadays there are several new apps that help make savings [...]
5 Tips to Save for a Down Payment
Did you know that you can do 100% financing to purchase a home? Many purchasers still believe that in order to purchase a home, you MUST have at least 20% saved up for down payment. Actually, there are several loan options that allow for shoppers to do 100% financing (VA, USDA, and VHDA to name a few). Even though there are $0 down options, it’s still extremely wise to have a large down payment saved up for your purchase. There are many benefits of a large down payment, so here are five quick tips on how you can go about saving up for one.
First and foremost, you need to open a savings account. A mortgage lender isn’t going to want to see cash stuffed in a [...]
Open House Etiquette Dos and Don’ts for Buyers on the Hunt
College Renting: How to Transition From University Living to a New Home
Why Single Family Homes Are a Target of Urban Density
13 Essential Things To Look For When Viewing A House
Finding a house you want to buy can be an exciting time. The house looks great in the photos, it feels right when you visit, it seems like this is ‘the one.’ But many houses hide darker secrets that might not be immediately obvious. How can you be sure there are no nasty surprises in store?
It’s easy to get carried away. You view the house in person and you can already picture where your things may go. The neighborhood seems great, and the price is right. But is it too good to be true?
There’s no need to worry. Some houses may come with hidden surprises, but a little [...]
The Beginners Guide to Understanding Home Loans
Should I Rent or Buy
Factors to ConsiderMaking the decision to buy your first home often starts rather casually. It often begins at the dinner table or out for a walk in the most innocuous way possible. From that initial discussion to completing the home purchase process can take 3 months, or 3 years. It all depends on where you stand - financially and with credit - along with the standing position of the housing market as a whole. Potential homebuyer(s) need to weigh all the options, access all the factors and do what they can to make a wise decision... [read more]
First Time Buyers: What You Need Know to Navigate the 2017 Market
Why Selective Compromise Is Key
When to Compromise & When to Stand FirmBefore we start it is important to understand there are a few parts and pieces of the home purchase process that you should never compromise. Comprise here - like choosing a mortgage lender based solely on interest rate or a real estate agent based on how much commission they will rebate at closing - will yield the same results as the craps table would. Sometimes you win, but most of the time you lose... [read more]