7 Grants and Programs To Help Home Buyers Afford A Mortgage
The main reason cited by non-homeowners as to why they currently do not own a house is because they cannot afford to buy one, as revealed in the 2018 NAR Aspiring Home Buyers Profile. The results are highest at 56 percent in the last quarter of 2017. Also, many home buyers have already indicated that […]
5 Uncontrollable Factors That Affect Home Prices
Since the housing crash in the late 2000’s, the real estate market in the United States has regained its composure, which paved the way for low-interest rates and limited housing inventory. This may look ideal for sellers but a burden to homebuyers (and even renters!) because they have to face increasing housing prices, long searching […]
5 Reasons Why A 30-Year Mortgage May Be The Right Choice For You
If you’re a home buyer deciding between getting a 15-year and a 30-year mortgage, there’s a great chance that you’ve already consulted with friends and family, and may even have done tons of research online. You know that there are pros and cons for each type of mortgage, and that the 15-year mortgage is technically […]
5 Ways Millennials Are Changing The Real Estate Scene
Millennials. They’re the generation of people born between the 1980s to early 2000s, or also called the Generation Y. Many stereotypes have influenced how they have been viewed by the public, including the typical assumptions that they jump from one job to another, that they couldn’t even save for a down payment, or that they […]
7 Misconceptions That Hinder People From Getting An FHA Loan
Planning on getting an FHA loan for a house but aren’t quite sure which of the things you keep hearing are true? In this blog, we’ll debunk the top seven myths about FHA mortgages so that we can help you gain a better understanding of this financing option. “FHA loans are given by the government.” […]
7 Clever Questions to Ask the Neighbors Before Buying A Home
Your trusted real estate agent can basically tell you anything you need to know about the home you’re planning to buy, especially if it’s information that may affect the home’s marketability. However, the old adage that says “learn from the experience of others” can also be very helpful before closing the deal on your prospective […]
How To Factor Your Commute Time In Your Home Buying Decision
When looking for that perfect home, many factors should be put into consideration. There’s price, accessibility, proximity to a great school district, lower taxes, and others. However, if you’re working in an office, convenience and accessibility are two of the most critical factors you must consider before buying a home. During your home search, you […]
Top 5 Home Buying Tips For Single Parents
If you’re a single parent, you may feel burdened with all the responsibilities on your plate, and you might think that with one income, it’s impossible for you and your family to have a house of your own. Well – it may be tough, but it’s definitely not impossible. There are several proactive ways for […]
9 Biggest Mortgage Mistakes Buyers Make
The home buying process is an intricate maze full of both success stories and pitfalls. What’s especially difficult is figuring out its financing part. When dealing with a mortgage, you couldn’t be too complacent and not invest your time and negotiate properly for the best one that suits you. Moreover, making one mortgage mistake can […]
3 Easy Steps On How To Dispute Errors On Your Credit Report
Why Your Credit Report is Important Your credit report is the sole source of information for your credit score — a number that lenders sometimes use instead of or in addition to your credit report. A variety of businesses may also view your credit report to make decisions related to you. Banks check your credit […]