Understand Costs Prior to Home Buying
When making a lifelong financial commitment in purchasing a home, you need to be well aware of all the costs to home buying. A new property is a huge investment that will not only shape your financial situation, but also the way in which you live. Here, we list the major costs that you can […]
The Hidden Cost of Homeownership
Having a home of your own has always been a part of the American dream but do you know the hidden cost of homeownership? Owning your home is indeed a valuable financial asset and paves the way for a more secure future. However, things like property taxes, insurance, HOAs, maintenance and utility costs add up. […]
Building Equity in your Home in 10 Easy Steps
It was not long ago when tapping into the value of one’s house through a line of credit was considered the most prudent financial decision. However, now the tide seems to have turned the opposite way where owning the house and the value of the property is far more important than gaining temporary spending power […]
What to Know Before Buying a Second Home
If you are thinking about buying a second home, you may be considering the pros and cons. Is it the right decision for you to make the leap and purchase a vacation house? The purchase of a home is by no means a small decision. Where there are benefits, there are risks as well. Before […]
Buying a Condo Know the Pros and Cons
If you are looking for a new home, buying a condo may be something you are considering. A condominium, commonly known as a condo, is a private residence within a multiple unit property. You manage your individual unit privately. While you share responsibility for common space and amenities. If you’re aiming for homeownership, a condo […]
Top Vacation Home Considerations
Summer is that time of the year when you may be thinking about buying a vacation home. The idea of investing in a property at your favorite destination you love and enjoy is rather tempting. After all, there are many good reasons to buy a vacation home. If you purchase a vacation property, you’ll no […]
Should You Buy Or Rent A Home
The big American dream is having a home of your own. To realize it, you need a large amount of money as it is a big investment. The decision whether to buy or rent a home largely depends on your budget and where you are in your stage of life. If you want to settle […]
How To Buy A Home With A VA Home Loan
A VA home loan is a mortgage offered through the US Department of Veterans Affairs. It is supported by the federal government but issued via private lenders. The main purpose of this program is to provide home financing to veterans, military personnel and certain other groups at an affordable cost. Step By Step Guide to […]
Should You Use a Mortgage Broker or a Bank?
Buying a home may have you wondering to use a mortgage broker versus a bank. A house purchase is a huge investment and an important decision. An even bigger and confusing decision for some is how to secure a home loan. This can be quite stressful but not if you familiarise yourself with the financing […]
What You Need To Know About Mortgage Brokers
Mortgage brokers are licensed professionals who act as intermediaries between mortgage lenders and borrowers. They help the borrowers to connect with lenders that best fit the borrower’s interest-rate requirements and financial situation. A mortgage broker must not be confused with a mortgage banker; the latter provides a mortgage with its own funds and the contract […]
Top 10 Steps When Buying A Home
Buying a home is one of the most eventful times of your life. It involves a great deal of research, vigilance, and planning to purchase a place that is both likable and affordable. If you are thinking about buying a new house, following the steps will help make your search and decision-making a lot easier. […]
What You Need To Know About Mortgage Relief
If you are like so many people right now and you’ve suffered some loss of income, you might be wondering about mortgage relief. Many have suddenly lost their jobs or have had a reduction in hours or wages, or worse yet, have experienced a sudden illness that has disrupted income. There is struggle and you […]
What is a Mortgage?
Do you really know what is a mortgage? If you are shopping for a home or maybe considering refinancing your mortgage, understanding what is a mortgage is important. Simply put, a mortgage is a legal financial document you agree to when you purchase or refinance a home. It is the payment you make to pay […]
House Hunting Checklist
If you are looking to buy a new home, we can help by providing you with the best house hunting checklist. Sometimes, it’s hard to know where to start. But it’s best to face it head-on with an organized plan. As you begin house hunting, you’ll find many homes that you don’t want. Just as […]
How to Increase your Home Value with Cheap and Easy Fixes
Perhaps you are considering selling your home and are looking at how to increase your home value inexpensively. Your home is an investment and in order to get the most return on it, you’ll want to make improvements. But certainly making any changes costs money. How do you know which projects can be done cheaply […]
First-Time Home Buyer Grants and Programs
Fortunately, if you are trying to achieve the dream of buying your first home, there are first-time home buyer grants and programs available to help. If you’ve never bought a home before, it can be daunting and seemingly impossible to afford a down payment for a home. Homes cost so much money and mortgages are […]
How To Get A No Money Down Home Loan
Are you interested in buying a home but have no money to put down towards a loan? A down payment is the cash money you have to put towards a home purchase. It is usually a requirement made by mortgage lenders in order for you to qualify for a mortgage. But a large down payment […]
How to Get The Best Mortgage Rate
Getting the best mortgage rate will give you lower monthly payments and you’ll pay less on the life of your loan. There are few things in life as serious as mortgages. It can get easily overwhelming going through the process of finding and getting the best mortgage rate. The more you know about mortgage rates […]
How A Mortgage Affects Your Credit Score
Our credit scores are one of the most important numbers that we’ll carry with us through our lives, and anyone who’s applied for a mortgage will already know how much weight they hold in the world. So, what about once you’ve already gotten a mortgage and are then looking for financial help in another way? […]
Is Refinancing right for you? Find Out When the Best Time is to Refinance your Mortgage
Many people think that once they’ve entered into a mortgage that’s the one they’re with for life, so they never go out of their way to look for a better deal. As mortgages can take up years, and for most of us be with us for our adult lives, it makes sense to keep our […]