In the market for a new home? Purchasing a home is definitely something most people don't do very often. So it's easy to make mistakes. And when it comes to home buying, mistakes can be costly. Here are some of the most common errors made by... (Read More)
Do you understand the difference between a property appraisal and a home inspection? Surveys show that many homebuyers - even those who have purchased homes before - have some level of confusion about these two key aspects of a home... (Read More)
You want to buy a home, but you don't have a 20 percent down payment saved. The good news is that in many cases, home buyers don't need that much money to buy a home. But you're going to have to set aside some money. How much? And how can you save... (Read More)
How much of a downpayment do you need to buy a home? Less than you might think! Many people believe that in order to purchase a home, you need a 20% downpayment. Studies show it's one of the most enduring home buying myths.
In reality, the median... (Read More)
A 2018 survey by the National Association of Home Builders found that 76% of potential homebuyers estimated they could afford fewer than half of the homes for sale in their markets. With statistics like these, it's no wonder many Americans think... (Read More)
Do you feel like the mortgage industry has a language all its own? You're not alone. Surveys show that many consumers get frustrated with all of the unfamiliar terms, acronyms and phrases that are part of the mortgage application process. We want... (Read More)
Congratulations! You are using your VA loan benefit to buy a home.
Once you are under contract on a home, the lender will tell you that there needs to be a VA appraisal ordered. People usually have many questions about appraisals. The following... (Read More)
Have you checked mortgage rates lately? Rates are still hovering at their lowest levels ever, making it a great time for many people to buy a home or refinance.
Today's rates are incredibly low. And they have been low for so long that many people... (Read More)
Buying a fixer upper is something many people scoff at and then run the other way. Unfortunately, they could be missing something really valuable. If you're one of these people, take a minute to read over the pros and cons of buying a home that... (Read More)