More Starter Homes Are Hitting the Market
More entry-level homes – also known as starter homes – are popping up on the market. And after several years with very few homes available to buy and prices rising, there are finally some more options for first-time buyers. Inventory Is Increasing – Especially at Lower Price Points Over the past year, the total supply […]
The Top 2 Reasons To Look at Newly Built Homes
When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just be the key to crossing the homebuying finish line. Here’s why a new build is worth considering – […]
Living with HOAs: Are They Worth the Cost and Rules?
Homeowners Associations (HOAs) are a significant consideration for many homebuyers, particularly those purchasing property in planned communities, condominiums, or subdivisions. While HOAs can offer numerous benefits, they also come with specific rules, fees, and potential challenges. Understanding how HOAs work and what they mean for you as a homeowner is essential for making an informed […]
How to Prepare to Get Home Financing: A Step-by-Step Guide
Buying a home is one of the most significant financial decisions you’ll ever make, and securing the right financing is a critical part of the process. Preparing for home financing can seem daunting, especially if it’s your first time. However, with the right steps, you can position yourself for success. This guide will walk you […]
A Breakdown of the Most Popular Types of Mortgages Today
Whether you’re a first-time homebuyer or a seasoned real estate investor, finding the right mortgage can make all the difference in securing the home you want while staying within your budget. Today’s mortgage market offers a variety of options tailored to different financial needs, down payment capabilities, and property goals. From the security of a […]
The Difference Between an Inspection and an Appraisal
When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an […]
What You Need To Know About Today’s Down Payment Programs
There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like […]
The Truth About Down Payments
If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case. Unless specified by your loan type or lender, […]
Avoid These Common Mistakes After Applying for a Mortgage
If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for your mortgage and before you close. Here’s […]
Get Ready To Buy a Home by Improving Your Credit Score
As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it’s never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score. Lenders review your credit to assess your ability to make […]
