Is a traditional single-family home out of your price range, too much upkeep, or just not your style? Then community living – condominium, townhouse, or cooperative – may be a practical solution for you. All three dwellings are forms of attached housing, a setting where you share common walls. These homes come with minimal maintenance responsibilities and are … Continue reading Community Living: Is It Right For You? Condominiums, Townhouses & Cooperatives
Category: Buying a Home
Buying a home is a significant financial decision that requires careful planning and consideration. Our expert tips, advice, and resources provide you with the tools and knowledge you need to navigate the home-buying process, from choosing the right property and securing financing to negotiating the terms of the sale and closing the deal. With our help, you’ll learn how to make informed decisions about buying a home and ensure that you find the right property to meet your needs and budget.
Home Buying: Location Matters
You have many important decisions to make when buying a home. One of the most crucial relates to location. Choosing the right location matters because it has implications for two significant areas: quality of life and resale value of your home. So, what kinds of things do you look for when trying to find the location that positively … Continue reading Home Buying: Location Matters
What does the Monthly Mortgage Payment include? Taxes, Interest & Principal
With mortgage interest rates being at an all time low, many lenders have recommended to their customers different options when buying or refinancing their mortgage. Dependent upon the amount of years they plan to live in their home, more and more mortgage options have been reintroduced into the market and banks have now pushed some of … Continue reading What does the Monthly Mortgage Payment include? Taxes, Interest & Principal
Basics of the Housing Market: Cycle, Home Buyers & Sellers
If you have been looking to purchase or sell real estate, you may have heard the terms sellers’ market and buyers’ market. You may also have wondered what these terms mean and how each market impacts you as a buyer or seller. Here is a brief explanation. What are the different markets?When there are more buyers than … Continue reading Basics of the Housing Market: Cycle, Home Buyers & Sellers
Straight Talk about Mortgage Loan Points
When you are shopping for a mortgage loan, interest rates are most likely at the top of your mind. As you shop lenders for the best rate, however, you will hear another term linked to the interest rate. That term is “points.” For instance, a lender may quote an interest rate of 5.25 percent plus two points. As a … Continue reading Straight Talk about Mortgage Loan Points
Home Inspections & Hiring a Home Inspector
The larger and more complex your financial transaction, the more important it is for you to be an informed consumer. For most people, the purchase or sale of a home is the biggest and most involved business deal of their lifetime. So no matter which side of the transaction you’re on, it makes good sense to be … Continue reading Home Inspections & Hiring a Home Inspector
Teamwork in Your Real Estate Transaction: Which Professional Does What
Whether you are buying or selling a home, it’s to your advantage to be familiar with the team of professionals typically involved in a real estate transaction. Why? When you know who these professionals are and what they do, you enter your transaction a more informed consumer. You have a better understanding of how each professional contributes to … Continue reading Teamwork in Your Real Estate Transaction: Which Professional Does What
How to find a Home Mortgage Lender you can Trust that will be Honest
The more mortgage lenders entering the market, the more potential for dishonesty to just close a deal. There are many websites that advertise, “make lenders compete for your business,” but the only problem with this is many of the lenders do not look properly at your information and send an email giving the basic quote, not … Continue reading How to find a Home Mortgage Lender you can Trust that will be Honest
Flipping Real Estate: Investment Property or Residential Property?
Should young adults take the step into flipping real estate, becoming a landlord, or just becoming a homeowner? Today’s young adult has more options when it comes to investing their money. More and more have learned the value of the dollar, invested properly, could have them set for the rest of their lives and their children’s … Continue reading Flipping Real Estate: Investment Property or Residential Property?
Check your Credit History before deciding to Purchase a Home
As a home buyer, there are many rules that need to be followed before even placing a bid. Numerous papers need to be in order including a prequalification letter from a lender, the highest amount of price the buyer is willing to spend, the area where the buyer would like to reside, and your credit … Continue reading Check your Credit History before deciding to Purchase a Home
How to find a Realtor that will Work for You
When the decision is made to purchase a home, the buyer sometimes can become emotionally charged with energy. Many first time buyers think if they work through a realtor, it automatically means the realtor is working toward their best interest; when in fact, many realtors are seeing a potential buyer as an easy sale and … Continue reading How to find a Realtor that will Work for You
First Time Home Buyers: Simple Rules to Know when it comes to Making the Bid
With interest rates at all time lows these past several years, many young adults have decided to take the next step to adulthood by purchasing a home, condo, or townhouse over renting an apartment. These young adults are in their mid-twenties, beginning the search for their future investment. When you speak with these first time … Continue reading First Time Home Buyers: Simple Rules to Know when it comes to Making the Bid
