Owning a home is a large part of adulthood for many, but it can be daunting to think of everything that comes with the process of becoming a homeowner. From being financially stable to accounting for possible emergencies, there are certain things to be aware of when it comes to purchasing a new house. Determine […]
Mortgage Mistakes to Avoid When You Buy a Home
Whether you’re a first-time buyer or a homeowner looking to trade-up, your time to buy could be coming. Here are some common mortgage borrower mistakes to avoid: Don’t ignore past or current credit problems or do anything to harm your future credit score. Whether it’s your FICO score or a blemish in your past, […]
What to Consider as You Buy Your Next Home
Are you considering selling your home and trading up? Your new purchase should be a strategic choice for you and your family. As you begin the process of relocating your family, consider the following when shopping for your next home: Planning Ahead. Think about what the next five to ten years might bring in your […]
When Outbidding the Other Buyers Makes Sense
Nearly 20 percent of U.S. homebuyers paid more than list price in 2020 — and in the final months of last year, the share of homebuyers getting outbid nearly doubled. Most sellers in these transactions garnered 1 to 10 percent higher than their list price (in some cases it was higher). Is it worth outbidding […]
Should You Buy a Foreclosed Home?
Many home buyers look at foreclosed homes as potentially great deals. However, the reality is that buying a foreclosed house can come with downsides that outweigh the initial advantages. The following are some of the factors to consider. What is a foreclosed home? A home becomes foreclosed when the owner has fallen behind on payments […]