Anyone looking for a mortgage for a home purchase will need to come to grips with interest rates. This is a confusing area for many buyers but one you have to get an understanding of if you want to save money. When you take out a mortgage, the amount you have to pay...
If you're in the market for a new home, you'll want to be just as careful in picking a lender as you are in choosing a home. Loans and lenders come in all shapes and sizes. If you want the very best rate and terms, then make sure you talk with multiple lenders before...
If you're looking to buy a new home, chances are you don't have a full understanding of the local real estate market. Nor are you likely to possess the skill set needed to assess different properties, negotiate a home sale, and navigate intricate local real estate...
Everyone will have their own priorities when buying a home. A home purchase can be a complex process and it's easy to get distracted and fall off track. To make things easier, start by making a list of those home features that are most important to you. Your buyer's...
Choosing where to live is a big decision. There's a lot to take into consideration and one major decision might be whether to choose city life over suburban life. Depending on what stage of life you are in (just graduated or about to start a family) then this choice...
With another busy season here, many people will be looking now to buy their first home. This will be an exciting time but also a stressful one with a lot to think about. If you fail to do your homework you could end up paying too much or with a lemon. To help you...
Millennials (also known as generation Y) currently make up the largest cohort of the American population at about 75 million. That's about two-fifths of the working-age population which means they're also the biggest home-buying population. But they're also the...
Buying a home comes with a lot of risks. The process is lengthy and has room for many things to go awry. Thankfully, layers of protection within a contract help eliminate some risks. These layers of security are called contingencies and offer a safety net for...
There's a lot to consider when choosing a home to buy. But when you have kids an extra layer of complexity gets added. You'll have to consider not just their needs and wants, but also their safety. If you're a new parent, then you'll soon develop a skill for scanning...
Anyone who's self-employed and looking to become a homeowner faces an uphill battle. Just over a decade ago, it was much easier thanks to stated income loans. These allowed anyone with a social security number and average credit score to secure a loan. There was no...
So you've found your dream home and are ready to make an offer. This offer will be presented in the form of a purchase contract, often referred to simply as the contract. This is one of the most crucial documents in a home purchase transaction. While there's a lot of...
The home buying process has a lot of steps to it and one of the most confusing for buyers will be the mortgage process. But if you need a loan to buy your dream home then it's essential that you understand every step of the way. In your research, you'll likely have...