Tag: Home Buying

Posted on 08/26/2024

The First Questions to Ask About a New Neighborhood

Buying the house itself is only part of home buying. When you buy a new home, you choose a brand new place to live. In some cases, that place might be unfamiliar or far away from where you lived before. So, it's important to keep the local area in mind during your search. But how can you determine...

Chooding A Neighborhood

Home Buying

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Posted on 07/10/2023

3 Common Misconceptions About Home Buying

Information and advice for first-time homebuyers is everywhere. Unfortunately, many of the most commonly accepted truths about buying a home are either outdated or false. Here are some of the biggest myths about home buying to help you understand the facts. Myth: You Can't Buy a Home With a Bad Credit Score It is possible to qualify for...

Home Buying

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Posted on 11/14/2022

Tips for Taking the Stress Out of Buying a Home

40% of all homebuyers report that buying a home is one of the most stressful events in their lives. There are many sources of stress, but the more prepared you are, the better you’ll be able to handle them. Here are some tips for handling the most common stresses of buying a home: Find the Right Real Estate...

Adjustment

Buying A Home

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Posted on 08/08/2022

Checklist for buying a house: A first-time buyer's guide

If you’re feeling overwhelmed by the prospect of home buying, it can be helpful to create a checklist for buying a house. Using a checklist can help you right from the beginning, since there are several important steps to take before you even begin your home search, like securing a mortgage lender. To help get you started, here...

DTI

First Time Homebuyer

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Posted on 07/07/2022

Average closing costs for buyer hopefuls: What to expect

Budgeting for buying a home can seem daunting, but one of the best ways to make it easier is to figure out the average closing costs for buyer hopefuls. There are various service charges bundled together to make up closing costs, and some can vary significantly based on location and specific property. Here are some of the most...

Appraisal

Closing Costs

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Posted on 10/18/2021

Is a Home Warranty Right for You?

Many homebuyers have the choice of whether to purchase a home warranty with the home itself. While not required, it can be a helpful way to ensure that your new home is well cared for. It can also have some downsides and may not be right for everyone. Here we’ll go over the basics of home warranties to...

Home Buying

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Posted on 08/20/2021

What to Consider When Deciding How Much to Put Down on a Home

Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...

Down Payment

Home Buying

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Posted on 06/23/2021

4 Reasons Why Down Payment Amount Matters

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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Posted on 09/14/2020

The Closing Process - What to Expect

Image by mohamed Hassan from Pixabay The last step of any home sale is the closing. This is the time when the buyer and seller sign all the documents surrounding the sale, including the documents for the buyer’s mortgage. This is when money changes hands and, in most cases, the buyer gets the keys to the home. If...

Closing On A Home

Buyer Tips

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