When is the right time to buy your first home? It’s a common thing to be pressured by family and peers in considering the right age to buy your own property. Some people are eager and ready enough to fulfill this American dream early while in their 20s. But others may want to take their […]
7 Advantages of Buying Your First Home in Your 30s Read More »
When looking for homes online, home buyers might chance upon a property with a “contingent offer” status. This means that an offer has been made and accepted, but the sale is still conditional while both parties work on meeting certain criteria. These criteria, or contingencies, are actions that must be met for a contract to
Understanding Contingencies: A Guide For Buyers and Sellers Read More »
Opportunities 1. Lower monthly payments The main and obvious advantage of an interest-only mortgage is its low monthly payments. This benefits buyers who are looking to buy a relatively expensive property, since an interest only loan allows you to buy a pricier house than you would be able to afford with a standard fixed-rate mortgage.
Opportunities And Risks Of An Interest-Only Mortgage: A Guide For Home Buyers Read More »
Owning a historic home certainly comes with its own set of benefits and challenges. You need to make sure that you are ready for the challenges and responsibilities—financially, emotionally and even physically. Beyond its unique and charming characteristics, it is also important to determine whether the home meets your lifestyle and certain life choices. Historic
In Love With Historic Homes? Here Are The Pros And Cons Of Buying One Read More »
Let’s face it: there’s already a growing number of freelancers, contract workers, and gig economy workers in the U.S. It’s not surprising, given that many people now want to be their own boss or work from their own homes while sitting comfortably in their sofa. In a 2017 survey conducted by Upwork and Freelancers Union,
7 Secrets To Getting A Mortgage Without A Full-Time Job Read More »
For some people with enough funds and other houses to live in, selling a home and buying one at the same time can be relatively easy since there is not much pressure involved. But for those who need the equity from their old house to buy a new one, things can get quite stressful–especially so
In an analysis conducted by the National Association of Home Builders (NAHB), it was found that there was a larger percentage of new homes, especially single-family homes, that cater to the preferences of many home buyers today. Significantly, new construction is addressing the substantial demand for homes with special features — two bathrooms, an open
10 Smart Tips For Buying A New Construction Home Read More »
In simplest terms, a mortgage is a long-term loan designed to help borrowers purchase a house. It allows individuals to become homeowners without making a large down payment and thus, fulfilling The American Dream. Once you become a homeowner, a mortgage represents one of your life’s biggest financial commitments. So it’s important to understand the
What\’s In A Mortgage? Breaking Down the Components of A Mortgage Payment Read More »
Whether you are a first-time home buyer or a third-time home seller, the real estate transaction can be confusing and stressful enough even without the many terms and acronyms used during the process. But don’t be overwhelmed — we’ve compiled a mini-glossary of the important terms you should know and familiarize yourself with to help
The ABCs of Real Estate: Real Estate Terms Every Buyer And Seller Needs To Know Read More »
The viewing is usually the most exciting part of looking for and purchasing a home. It is the biggest purchase anyone ever makes, and home sellers usually go above and beyond when staging their homes. Because of this, home buyers find it so easy to fall in love with a home that looks great at
Top 5 Things Home Buyers Forget To Check During Home Viewing Read More »