Buying a home is an expensive proposition, regardless of your financial situation, so we want to give you a few pointers to keep in mind when buying your next home. Your first step is to save for the down payment. The more money you are able to put down, the greater your chances of being […]
Should You Rent or Buy a Home?
Home ownership is a big step, and many people worry whether they’re ready to take it on. If you currently rent your house, you may wonder if you can even afford to buy a home. Just looking at real estate listings online or in the Sunday paper can make you break out in a cold […]
Do’s And Don’ts When Buying A New Home
Before you start shopping for a new home, it is important to be aware of the essential tasks that must be taken in order to make sure you get the home of your dreams at a price you can afford. To make buying a home easier, below is a list of the do’s and don’ts […]
Fixed-Rate Mortgages vs. ARMs
A comparison of fixed-rate mortgages and adjustable-rate mortgages should be an important consideration for any borrower who wants to purchase a home, refinance an existing mortgage or take out a home equity loan or line of credit — also called a second mortgage. The main advantage of fixed-rate mortgages is that — just as the […]
Buying a Home is More Affordable Now
Families that have steered cleared of the housing market may want to reconsider their decision to rent instead of own. A new report from the federal government indicates that U.S. homes are the most affordable they have been in 10 years. The Obama administration’s Housing Scorecard found that a combination of record low interest rates […]
New Home Sales Jump in June
New Home Sales Jump in June Sales of new homes jumped in June, but it was the second-weakest month on record. New home sales rose nearly 24 percent in June from a month earlier to a seasonally adjusted annual sales pace of 330,000. May’s number was revised downward to a rate of 267,000, the slowest […]
Things to Consider When Buying a House
Things to Consider When Buying a House Buying real estate is a very challenging task because you need to ensure you are not going to be wasting your money. This is why you need to strictly follow some steps on researching before buying a property. First, you have to find an experienced and trustworthy real […]
Sidelined Homebuyers Preparing to Enter the Market
Sidelined Homebuyers Preparing to Enter the Market According to a new survey by Relocation.com, more Americans are positioning themselves to purchase a home in the near future. The survey found that some families are opting to rent while they research for deals to purchase a more desirable home in their area. There’s no surefire way […]
Just Before Closing, Get A Home Inspection
Just Before Closing, Get A Home Inspection It doesn’t matter how good a home or condo looks, looks can be very deceiving. The thing you don’t want to occur after you move into your new home is replacing major items. Do yourself a favor and spend the money on a home inspection and make sure […]
Closing on a Home? Don’t Do These Things
Closing on a Home? Don’t Do These Things It’s a great time to buy a home. With the real estate crash, prices are way down and mortgage rates have never been lower. But if you are not careful, a new rule recently enacted by Fannie Mae could end your homeownership dreams. Effective June 1, Fannie […]
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