Tag: home buying

How to Be a Proactive Homeowner

How to Be a Proactive Homeowner

We’ve all heard homeownership sometimes referred to as “a money pit.” Sure, homes are expensive, but there is no substitute for the sense of pride and comfort you achieve from living in a space that is truly your own. That said, it’s true that from 

Things You Shouldn’t Say to a Seller’s Agent as a Buyer

Things You Shouldn’t Say to a Seller’s Agent as a Buyer

Going to open houses as a homebuyer can be fun. You get to look at homes you’d like to potentially buy, imagining how you’ll live there and where your things will go. You can speak with the real estate agent monitoring the open house to 

How to Find Your Perfect Neighborhood

How to Find Your Perfect Neighborhood

If you’re shopping for a new place, you may find the perfect home—but remember, you also need to consider the neighborhood to make sure the community and location are right for you. For those with children, the neighborhood’s school district may be at the top 

Three Ways to Pay Off Your Mortgage Faster

Three Ways to Pay Off Your Mortgage Faster

While many homeowners make monthly mortgage payments, millions enjoy the luxury of owning their homes outright. If you strive to join their ranks, there are a number of ways you can expedite the completion of your mortgage – and none include lottery tickets. Below are 

4 Things You Shouldn’t Do in A Seller’s Market

4 Things You Shouldn’t Do in A Seller’s Market

Purchasing a home can be an exhausting process as it can take a while to find the right fit. When you find the house you want, making a bid quickly can be the difference between buying it and missing out, especially in a seller’s market. 

Is an Adjustable-Rate Mortgage a Good Idea?

Is an Adjustable-Rate Mortgage a Good Idea?

If you’re shopping for a mortgage, you need to decide whether to choose one with a fixed or adjustable interest rate. An adjustable-rate mortgage, or ARM, might be a good idea if you’re only planning to stay in your home for a short period of 

Why You Should Never Buy a House Without Having It Inspected

Why You Should Never Buy a House Without Having It Inspected

A house is a major financial investment and a place where you will likely live for several years. If you are shopping for a new home, you need to do your homework and choose carefully. You should gather as much information as possible so you 

Is Buying a House in Foreclosure a Good Idea?

Is Buying a House in Foreclosure a Good Idea?

When shopping for a new home, everybody wants to get a good deal. Many buyers consider properties in foreclosure because they are often available at below-market rates. While you may be able to find the home of your dreams for less money than you thought, 

How Much Can You Afford in Monthly Mortgage Payments?

How Much Can You Afford in Monthly Mortgage Payments?

Homeownership is a dream for many people, but some take on more debt than they should. If you’re thinking about buying a house, consider your income and current and potential expenses. How Mortgage Lenders Decide How Much Applicants Can Afford Lenders look at the total gross 

Differences Between Jumbo and Conforming Loans

Differences Between Jumbo and Conforming Loans

If you’re thinking about purchasing an expensive home, it’s important to understand how jumbo and conforming loans differ, and the pros and cons of each. Choosing carefully could help you save a lot of money over the term of your mortgage. Key DifferencesA conforming loan