What Is An Interest-Only Loan And Who Is It For?
Are you considering buying a house with an interest-only loan? We rounded up the 5 most common questions about this type of loan and came up with the best answers from the experts. What is an interest-only loan? The interest-only period typically runs for 5 years (10 years max), after which the loan converts to […]
12 Tips For Writing A Compelling Offer Letter That Will Win Sellers Over
In a very competitive housing market, buyers need to step up their game in every way possible. They need to establish that they have a good credit score, a mortgage pre-approval, and a reasonable offer with fewer contingencies. However, if sellers are faced with multiple offers from buyers who are all on a level playing […]
How To Find The Best Retirement Home For You
The process of looking for a home in your golden years could be a bit different from when you were looking for a home to build a family in. Now, you can focus on what will make YOU happy. Your children have found homes of their own, and you’re now free to choose a new […]
6 Steps To Choosing A Great School District When Buying A Home
According to the National Association of Realtor’s Schools and Home Buying Decision article, proximity to good quality schools is one of the most influential factors in a buyer’s decision when purchasing a home. It is a major factor especially for buyers with families or young couples who are planning to have children. Homes that are […]
Home Appraisals 101: Common Myths Buyers and Sellers Should Stop Believing
What is an appraisal? An appraisal is a professional estimate of the value of a home done by a certified appraiser. It is a critical process for buyers because lenders always require a home appraisal before they issue a mortgage. Meanwhile, for sellers, a good understanding of the appraisal process will help them understand how […]
Top 10 Things Every Home Buyer Should Know Before Making An Offer
You are finally done with house hunting, and you think you’re ready to make an offer. What are the things you have to consider in settling on a price? Here are the top 10 things you should know to successfully close the deal with your offer. 1. Your budget Before even thinking about looking at […]
Rings or House Keys? 4 Crucial Things Couples Should Discuss Before Buying A Home
They say buying a house together test a couple’s relationship like no other. It’s undoubtedly true because many factors come into play when it comes to real estate, and little challenges can become difficult problems in a relationship later on. If you both share the same preferences, then it shouldn’t be too difficult. But if […]
10 Things New Homeowners Must Do After Closing On A Home (And Even Before Moving In!)
As a home buyer, there were many tips you must have followed to ensure a smooth flow in your home purchase. And finally, after the actual closing, congratulations on being a new homeowner! However, the work doesn’t stop after arranging for movers to bring your stuff and ordering new appliances. There are many tasks and […]
Understanding Buyer and Seller Rights Before Closing
Just like any sale, both the buyer and the seller have their own rights in making a home purchase. Are you knowledgeable about these? Don’t get into a deal just yet if you don’t know your rights! In investing in a property, you must be familiar with your own legal advantages and limitations, and always […]
10 Tips On How To Be The Perfect Home Buyer
Choosing the right home is much like finding the best candidate for a job opening. You’re the boss and the house is your potential new employee. But more than only seeing a new face in the office 8-9 hours a day, 5 times a week, you’d be living with (or in it) for up to […]