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)
When you look for a home, you’re looking at factors such as price, location, décor and size. When a lender looks at the amount of mortgage loan you qualify for, he or she is only interested in finances.
The lender compares your monthly income... (Read More)
According to the National Association of Realtors, repeat business accounted for a median 21 percent of real estate agent activity in 2015. The number is higher for those with more experience. Realtors who have been in the business 16 years or... (Read More)
Choice is a great thing. But when you’re faced with many choices, you better know what you’re looking for. If you want to secure a mortgage loan, one of the biggest choices you face is dealing with a bank or a mortgage broker.
Why use a... (Read More)