Tag: Homebuyers

Posted on 10/24/2022

Closing Day: What First-Time Homebuyers Need to Remember

You've gotten an offer accepted on your first home. The appraisal and inspection came back fine. Now, all that's left to do is eagerly await your closing date. This is the day when you will sign all the paperwork that makes your first home purchase official! So, what should you expect as you prepare for this big day?...

Buyer

+ 11 more

Posted on 06/28/2021

The Pros and Cons of Skipping the Starter Home

For many prospective homebuyers, the thought of waiting for a forever home instead of a starter home can be tempting. After all, there are plenty of advantages to patience and careful saving until you can afford or find the house that’s perfect for you and your future plans. However, there are downsides to consider. Here we’ll go over...

Forever Home

Home Buying

+ 5 more

Posted on 12/30/2019

How Does a Balloon Mortgage Work?

Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...

Mortgage

Financing

+ 1 more

Posted on 10/14/2019

What to Know When Applying for a Bank Mortgage

Few people can save up the cash required to buy a house. If you're contemplating buying your first house, your first stop will probably be your local bank to inquire about a mortgage. When you talk to the mortgage officer, they will ask you to provide several documents. Various documents will be required at different stages of the...

Prequalification

Mortgage

+ 1 more

Posted on 08/05/2019

Investing in Real Estate: Flipping A House

You can make money by investing in real estate. One way you can do this is by flipping houses. Flipping a property refers to when you buy a house to sell it for profit. The purchase is a short-term investment that requires much planning as it could be quite dicey. Buying a home to sell is a great...

Flipping Homes

Real Estate Investing

+ 1 more

Posted on 05/13/2019

Location is Just as Important as Features

When searching for your new home, it’s easy to get caught up looking for a house with all your ideal features. While you should try to find something with the number of rooms, lot size, garage, and basement space you desire, don’t let yourself forget how important your home’s location is. After you move in and experience daily...

Homebuyers

Relocating

+ 1 more

Posted on 03/28/2019

Tips for Searching Home Online

So, you know you’re ready to buy a home and will be purchasing a new home soon. You’re excited that you finally have the down payment and are itching to start your home search. While you’re meeting with real estate agents and interviewing candidates to help you find your home, you can’t help but get started on your...

How To Search For A Home

Homebuyers

+ 1 more