Thinking of waiting another year or two to buy a home? It could cost you.
If home prices and/or mortgage rates increase in the next year or two, home buyers could end up with significantly less buying power than they have today.
What's one of... (Read More)
If you’re an active service member in the armed forces, you have a tough job and move around a lot. That’s why the Department of Veterans Affairs 70 years ago launched a home loan program to help you when it’s time to relocate.
That’s... (Read More)
You have a good income and decent credit score, but can’t scrape together a 20 percent down payment. Contrary to what you may think, you can still get approved for a mortgage loan.
The 20-percent myth is a common one. While it’s true that a... (Read More)
You have an excellent credit score and a good job but not enough in the bank for a down payment. Sure, you can ask your parents for money or start saving money. But if you’d rather purchase property now, while interest rates are still very low... (Read More)
There’s more to your monthly mortgage payment than the amount you borrowed to purchase your home. When you’re calculating how much house you can afford, be sure to consider all of the components that typically make up your monthly home loan... (Read More)
Condominium ownership is a great option for first-time buyers, empty-nesters and anyone in between who is looking for financial flexibility without the responsibility of major property maintenance. What do you need to know if you’re in the market... (Read More)
In the rush and excitement of buying a new home, dealing with the financing, going to the closing table, and celebrating the achievement, many forget to adequately plan the actual physical move of their families and belongings.
Here are a few... (Read More)
Modern studies of home buyers constantly put energy efficiency at the top of the list of desirable features in today's new homes. New home construction firms report that their buyers are clamoring for more energy-efficient homes certified through... (Read More)
Most things in a real estate transaction are negotiable. You can haggle over the agents’ commissions, the money put aside for repairs, the amount of time you have to get your loan approved—anything that’s in a contract is up for... (Read More)
For many homeowners looking to sell their property, the idea of paying a real estate commission is a bit daunting. The national average rate paid to a Realtor upon sale is 5%. Therefore, on a $400,000 property, the seller would pay $20,000 from his... (Read More)