September 2018

Found 8 blog entries for September 2018.

How to Choose the Perfect Neighborhood

If you and your family are considering moving, then you are sure to be checking out every house, every neighborhood, every school, and every medical facility. You even be doing secret background checks on the neighbors, your potential employers, and that 7th grade science teacher whose picture doesn’t seem quite right on the school directory of your child’s next potential school. In any case, you can put your fears to rest.

 

Here are a few different things to look for when choosing the perfect neighborhood for you and your family to move into:

 

 

Get To Know The School Zones

If you have children, your children should be one of your top priorities when choosing a new neighborhood to move to. The

174 Views, 0 Comments

Aside from good credit, a down payment is one of the top factors when applying for a mortgage. Without a down payment, you're likely to find that many lenders refuse to even speak with you, and others will be willing to give you the loan, but with much higher fees and interest rates.

What is a down payment?

A down payment is the money that you put down on a home when you buy it. This is separate from your mortgage and is cash that you come up with yourself. Most people save money over a period of months or years for a down payment, though some have taken out personal loans to get the money.

How much do you need?

The typical down payment is 20%. On a home that costs $100,000, this would be $20,000. Depending on the lender, you may be able to

34 Views, 0 Comments

Financing Terms to Know When Buying a New Home

If you are planning on buying a home in 2017, congratulations: you will be entering the real estate market at a time when the American economy is recovering at a solid and promising pace. If you are a first-time home buyer about to discover the world of mortgage financing, here are some useful terms for you to start becoming familiar with:

 

Mortgage

 

What we commonly refer to as a home loan is actually a conveyance of interest in a property that creates a security for the purpose of repayment. In other words, a mortgage is a debt instrument that ties up a home as the collateral.

 

Note

 

This is the actual legally binding instrument that formalizes the borrower's promise to make

157 Views, 0 Comments

The real estate market is dynamic and exciting in various parts of the country. Although every area is different, there are similarities throughout the country. Buying a home is one of the most important investments that a person can make. The current real estate market trends are preventing some people from buying a home.

  •         Lack of Inventory
  •         Rising Housing Prices
  •         Relaxed Lending Standards

Lack of Inventory

One of the biggest trends in the market today is a lack of available inventory. There are numerous buyers who want to purchase a home in many areas. However, there are simply not enough homes on the market. Home builders are not building enough new homes to keep up with demand from buyers.

The current lack

42 Views, 0 Comments

The Advantages and Disadvantages of Buying a Home With a HOA

An HOA. Say this three letter to someone and you will get one of two responses: You may find some homeowners love living in one, while others find it a total nightmare, doing whatever it takes to avoid it at all costs.

 

Depending on your personal preferences, a homeowners association can be a good or an evil thing, depending on how you look at it. Like anything, there will always be a positive and negative, so let's dig deeper to see what people boast and complain about.

 

The Positives

 

1. A Great Looking Neighborhood

 

Because these HOAs will have strict rules, this means all of your neighbors will have to abide by the same rules you do. This may mean keeping your

145 Views, 0 Comments

Real estate agents’ sole obligation is to their clients. They are required to do everything they can to ensure that the home buying or selling process runs smoothly. As a client, the agent will be your advocate. This is the person you will turn to when you the going becomes tough. You expose yourself to possible disappointment by failing to choose the right agent. You need someone who can represent your interests properly. Understand what an agent does is a great way to make sure that you will choose the right agent.

1. Pricing Your Home

Home pricing is by far the most important part of selling your house. A top realtor will not give you false promises in a bid to make you happy. The agent will rely on their real estate training, understanding of

47 Views, 0 Comments

How Important Is Credit When Buying a Home?

Your credit history one of the most critical issues that pops up whenever you want to take a loan. It is advisable to have a good credit history to improve your chances of qualifying for any loan. Your credit score will affect the loan you can get and the interest rates you will be charged.

 

When buying a home, you first need to know your credit score. The credit score not only affects the cost of borrowing for you but also your card approvals and job applications. The credit score will also be used to determine whether you will qualify for a mortgage. As such, you would not wish to see it fall below 620. Lenders prefer to give loans to people who are more likely to pay back their loans without

139 Views, 0 Comments

Whether you are buying or selling a home, a real estate agent can make the process much quicker and more painless. Chances are, your time is valuable, and a good Realtor can handle a lot of the work entailed in finding and closing on a new home or unloading your current home for a good asking price. How smoothly the process goes depends on finding a good Realtor, and the following questions for any prospective agent can help you find one.

  1. How Long Have You Been a Realtor? Regardless of whether you're looking for a mechanic, plumber, heart surgeon or a Realtor, everyone is comforted to know they are dealing with an experienced professional who knows the ins and outs of their job. The best indicator of this is finding out how long they've been in
35 Views, 0 Comments

Sign up for email updates