Tag: Homebuyers

Posted on 02/04/2024

VA Loans & Conventional Loans: Which Is Best for First-Time Homebuyers?

You have many choices for financing your first home purchase. If you're a U.S. veteran, it might seem like an easy decision to opt for a VA loan over a conventional loan. However, understanding the major differences between the two options will help you get the best financing for your needs. Here are the basic things first-time homebuyers...

Conventional Loans

First Time

+ 7 more

Posted on 01/21/2024

Top useful items to have when moving into a new home

Moving into a new home can be strenuous, as much planning...

Moving Tools

Cleaning Supplies

+ 2 more

Posted on 04/24/2022

First-Time Homebuyers: Understanding the Basics

“First-time homebuyer” is a commonly used term in all areas of real estate. But what exactly is a first-time homebuyer? Here are the specific factors that qualify somebody as a first-time homebuyer and why they are important: Who Qualifies as a First-Time Homebuyer? As suggested by the name, a first-time homebuyer is any person who is purchasing their...

FHA

Fha

+ 10 more

Posted on 09/27/2020

Is a Balloon Mortgage Right for You?

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 09/29/2019

What Are the Costs for Securing a Mortgage?

Securing a mortgage to buy a home is probably one of the best and most important milestones in a person's life. It comes with a lot of benefits and bragging rights. But, even with all of the butterflies and feelings of being on cloud nine, the truth of the matter is that there are also costs in securing...

Homebuyers

Mortgage

+ 1 more

Posted on 09/15/2019

Understanding BPOs in Real Estate

BPO stands for ‘broker price opinion.' It is associated with short sales and foreclosures. BPO involves a process that is almost the same as real estate appraisal but not as complicated. Banks and companies usually hire the services of a real estate broker to prepare an opinion of value for a particular real estate. The representative of the...

Finance

Homebuyers

+ 1 more

Posted on 09/08/2019

The Search for Bathroom Space

Finding someplace to live can come with a long list of must-haves for each person contributing to the decision. The types of bathroom space can be a deal breaker for otherwise wonderful properties. The number of people utilizing those bathrooms and each person’s daily schedule necessitates the requirement of the bathroom space. What is out there Searching and...

Posted on 09/08/2019

If you spend much time binge-watching House Hunters, Property Brothers, and Love It or List it, you may find yourself completely stunned by the actual process of buying a home and renovating it. And if you get your advice from House Hunters, can you narrow it to three? Reality television is great entertainment, but when it comes to...

Homebuyers

Renovations

+ 1 more

Posted on 08/18/2019

Minimalism and Homebuying

Are you a minimalist? If you’ve heard this question recently, you may be wondering just what it means and how does it affect you. It is NOT a set of rules.It is NOT about how much you own. It is NOT about how much money you earn. It is NOT about buying specific items or giving up certain...

Trends

Homebuyers

+ 1 more

Posted on 08/04/2019

Red Flags When Buying A House

Homeowners can sometimes overlook things in the excitement to buy a property. When purchasing a property, there are a few red flags that you should be aware of: 1. Fresh paint on some walls Some homeowners sometimes use a fresh paint job to hide problems with the house. If you find out some walls are freshly painted while...

Real Estate

Homebuyers

+ 1 more

Posted on 07/21/2019

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 05/12/2019

Keeping the Cost of Moving Down

Moving is a big deal. You spend money to have people take your stuff from one place to another. You pay more to get the supplies into which you pack your belongings. Then don't forget you spend the time to put all of your possessions into the hands of said people to move your items. Man, that is...

Moving Tips

Packing

+ 1 more