Important Factors That Affect Your Mortgage Application
Want to know what lenders look at when they evaluate your loan application? It’s a combination of things. Banks evaluate your attitude towards debt, predict your future income based on past and current employment, and measure your seriousness to purchase a home by asking how much down payment you will be able to put down. […]
How To Properly Deal With The Threat Of Foreclosure
The prospect of losing your home to foreclosure can be heartbreaking, and dealing with it can be equally devastating for you and your family. After all, when the bank decides to foreclose on your home, your credit report may be permanently stained — leaving your financial future scarily uncertain. On top of this, you will […]
6 Staging Mistakes To Avoid When Selling Your Home
In the 2018 Home Staging Resource Survey of over 4,200 homes, 85% of the staged homes sold for 6-25% more than the unstaged homes. It’s proof that even if sellers might think it can cost them so much time, money, and effort to do home staging, it usually pays off in the end as it […]
Beware: These Features Can Drive Up The Cost Of Your Homeowner’s Insurance
What drives up my home insurance costs? Why is my insurance premiums so high? If you’re a new homeowner, this must be one of the many questions that have crossed your mind since you embarked on this new journey. Well, the location, construction, condition, and certain features of your home all play a significant part […]
The First-Time Home Buyer’s Guide To Earnest Money Deposits
Congratulations, you’re about to purchase your first home! We’re guessing you’ve already gone through the mortgage pre-approval phase, and now it’s time to do the exciting part: house hunting! While you can shop with confidence because of the pre-approval letter provided by your lender, you should also be aware of the importance of having enough […]
What To Do When Your Offer Is Rejected: Tips On How To Become A Better Home Buyer
Once you finally decide to place an offer on a house, you have to be ready for what comes next. In a slow market, your offer has a high chance of getting accepted given that there is little to no competition. But in a hot market where bidding wars are won by people offering to […]
What Things Should You Disclose When Selling A Home?
Another complicated thing about selling a home is the issue of what you and your real estate agent need to disclose. You really want to sell your house and at the best possible price. But on the other hand, you don’t want to be a sneaky seller and feel like you are deceiving anyone. It […]
7 Advantages of Buying Your First Home in Your 30s
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 […]
5 Things That Might Cost You If You Hide Things From Your Landlord
As a renter, there’s nothing more valuable than maintaining a good relationship with your landlord or property manager. One way you can keep a positive connection is by being honest and upfront right from the start. However, one surefire way to form a negative relationship is to lie or hide things from them. And because […]
Home Sellers: Check This Easy Guide To Boost Your Home’s Curb Appeal
Like moths attracted to flames, potential buyers can get riveted to a home with an excellent curb appeal. Buyers who will be drawn to your home’s appearance will definitely want to discover more of what lies behind your front door. Fortunately, maximizing your home’s curb appeal doesn’t necessarily mean spending thousands of dollars on big […]