Most first-time home buyers are a bit overwhelmed with the amount of stuff that is needed for their new house . While it may seem absurd, since they have been
There is a good side and a bad side to almost every transaction. This article will explain the major risks of buying a house without a real estate agent.
This article covers some of the most common issues that appear on home inspection reports and what they can mean in terms of either repairing the problem or choosing to look for a different home.
Regardless of which side you are currently on, this article will dive into some of the advantages and disadvantages of a homeowner association and give you information to help you make a good decision for your next home purchase.
Identifying a home that is not priced too high for the local market can take a bit of leg work, but it can save you from making a very costly mistake.
Your best option is to work with a real estate buyer’s agent. They can not only represent you as you search for a home, but they have access to…
The following will compare an FHA loan vs Conventional mortgage, not to show that one is better than the other, but to highlight the strengths of each mortgage.
If you are in the market to purchase a home but your credit has a few dings and your funds for a down payment are less than 5%, there is still hope. An FHA home
The gift of equity is quite simple, mathematically. The owner of the home sets the price at fair market value and agrees to sell the home to their relative. In the transaction, at least 20% of the value of the home is given to the buyer as equity.
Luxury homes have an even higher standard when it comes to getting sold since the marketplace of buyers is already smaller than it is for non-luxury homes. With
Understanding how private mortgage insurance works and how it impacts the monthly payment can help you make a more informed choice when you are ready to purchase a home.
After the financial problems of the Great Depression, the federal government created the Federal Housing Authority and approved lenders to offer the FHA loan.
The VA mortgage has several advantages that are not available to other types of home loans. These advantages can help the homeowner save money in multiple ways and get approved with ease.
Things that really matter to first time home buyers such as getting formal representation to buy a home, why getting pre-approved is the best first step and how to decide on a place with the right frame of mind are just a few examples of the topics covered.
While the mortgage crisis from 10 years ago may have changed the way banks offer mortgages, bank statement loans are still available under the right circumstances. These loans will require some documentation for the down payment and income, but they can be a great alternative loan option for…
The lowest mortgage rates and the most favorable terms are reserved for homes that are owner-occupied. As the phrase implies, the owner of the home or property
People that serve in the military are accustomed to moving to a new location and changing homes on a rather frequent basis. This kind of constant change can play havoc on a person’s financial plans. For this reason, the Veterans Administration provided the VA Second-Tier Entitlement i n order to…
Comparing homes and finding the right one to match your needs is only part of the journey to becoming a homeowner. Another part of the journey is to research an area before buying a home.
Lots of experts provide solid information about what to do when it is time to sell a home. This article is a twist on that idea by offering advice on what NOT to do.
There are times when selling a home to a stranger makes the most sense. But there are also opportunities for a person to sell their place to a family member
USDA has some very specific property rules. Each home mustmeet these rules in order to get approved for the funding from USDA. The USDA home loan is an ideal
Thanks to social media, there are lots of dedicated groups where people can join and get information about a number of topics. Reddit has grown to rival some of
When mortgage rates drop, current homeowners are faced with the big question “Should I refinance my mortgage?” Learn the top reasons to refinance your home!
Some people have reached a major milestone in their life. They are in a place, financially speaking, where they could help their aging parents by purchasing
Moving to a new place can be made much easier by planning out the move and getting prepared for the big day. These tips will come in handy if you have been
If you or someone you know has an adult child with special needs that could potentially live on their own, you owe it to yourself to check into the Family Opportunity Loan.
There are lots of blog posts and videos online that provide best practices and moving tips for people that are planning to move. Here is a list of moving
Use A Credit Card Wisely To Build Credit Posted on March 23rd, 2021 Luke Skar 2 views If you are trying to build credit for the first time, or you wish to
Benefits of an Emergency Fund Posted on April 6th, 2021 Luke Skar 2 views It might be 6 months from now, a few weeks from now, or even a few years from now, but
By reviewing these items before you list the home on the market, you can hopefully spot any necessary repairs and save yourself some grief during the contract phase of selling your property.
Many factors contribute to a person’s overall credit score. Although one item cannot erase a person’s score, credit cards can easily lower or drop a score in a