Tag: Homebuyer

Posted on 10/10/2023
House Hunting: 3 Tips for Buyers
Finding the perfect home takes plenty of strategy and careful thought. However, with so many important factors to consider, the process can be overwhelming. Here are some tips to make your house hunting journey simpler: Prioritize price It's easy to feel discouraged if you don't immediately find options in your price range. Budget is likely at the top...
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Posted on 08/22/2023
3 Common Misconceptions About Home Buying
Information and advice for first-time homebuyers is everywhere. Unfortunately, many of the most commonly accepted truths about buying a home are either outdated or false. Here are some of the biggest myths about home buying to help you understand the facts. Myth: You Can't Buy a Home With a Bad Credit Score It is possible to qualify for...
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Posted on 08/22/2022
Loans: Is an FHA Right for You?
If you're in the market for your first home, there's a good chance you'll need to take out a mortgage. One of the most popular mortgage types (especially for first-time buyers) is known as a Federal Housing Administration (FHA) loan. What is an FHA Loan? Specifically, an FHA loan refers to one that is backed and insured by...
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Posted on 06/13/2022
Should You Rent or Buy a Home?
How do you know if it’s better to buy or rent a home? With so much to consider, this big life decision may seem overwhelming. However, as long as you focus on some key questions, you can make the best choice. Here are the questions to ask yourself if you’re trying to decide between renting and buying: What’s...
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Posted on 03/28/2022
The new construction home-buying process
The new construction home-buying process differs from the buying process for an existing home. While many of the steps are similar, new construction homes come with more specific requirements. Here is a basic step-by-step guide to the buying process for a new construction home: Create a budget With new construction homes, you have to account for your ongoing...
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Posted on 01/02/2022
What Are Bridge Loans and When to Use One
Photo by Karolina Grabowska from Pexels When you're buying a new construction home, you may be in a situation where you can't sell your existing home until the new one is complete. This can cause added financial stress, but it doesn't have to. Bridge loans are specialized loans that can eliminate this added pressure. Here are a few...
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Posted on 07/04/2021
5 Tips to Remember Before Flipping Houses
Photo by Stux via Pixabay Although popular reality television shows make house flipping seem like a relatively low-risk endeavor, nothing could be further from the truth. It would be more accurate to call the business of house flipping “high risk, high reward.” The risk factors involve losing substantial sums of money when a fix-and-flip runs over budget or...
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Posted on 12/15/2019
Should You Avoid an HOA Neighborhood?
Photo by Romakoma via Shutterstock Many modern housing developments share areas such as parks, pools and playgrounds. When this is the case, they need a homeowner’s association to tend to the needs of the common areas. The same is true for condominium complexes and townhome communities. Since hallways, elevators and the outsides of buildings require shared maintenance, the...
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