home

You are in the market for a home – congratulations! You have many decisions ahead of you, though. Your first decision should be whether to buy a ‘for sale by owner’ home or a newly constructed home. A newly constructed home may be something you always dreamt of, but don’t discount the benefits of a FSBO. Looking for Current Mortgage Interest Rates? Click Here. Here are the top 5 reasons you may want to...

A home purchase agreement is put in place to protect the buyer and the seller. It helps the seller make sure they get the money they deserve after taking the home off the market for you while you get your affairs in order. It helps the buyer by giving you time to back out of the contract should you find a reason to do so if something comes up that you don’t like. It also protects you, the buyer, from any frau...

Home insurance is necessary to protect you in the face of disaster. Just because it’s necessary doesn’t mean you have to overspend on it, though. In fact, you should make it a habit to shop your homeowner’s insurance every year. This way you know you are getting the best rates possible. Looking for Current Mortgage Interest Rates? Click Here. Before you start shopping around, consider the following factor...

Before you can close on a mortgage, your lender will need to know a few things about your home. The most important is the value. They cannot lend you money if the value of the home isn’t high enough. Second most important, however, is if the home is in a flood zone. If it is, you will be required to carry flood insurance, which differs from homeowner’s insurance. Compare Offers from Several Mortgage Lender...

Did you know not every change you make to your home adds value? Even expensive remodels do not always pull their weight in terms of value. A common remodel many people put a lot of weight in is the basement remodel. They assume a finished basement adds value to a home. In many cases, it does add value. However, you have to know the ins and outs of the entire process in order to see the greatest return on your i...

Filing for Chapter 13 Bankruptcy does not mean that you are ineligible for new credit. This form of bankruptcy allows you to keep personal property and even the debts you have. The program simply restructures the debts so that you can pay them off within the next 3 to 5 years. There are a few loan programs you can apply for a few years after filing for Chapter 13 bankruptcy, but FHA loans only require that you ...

If you are buying or refinancing, now might be the perfect timing to lock in on your rate. According to the latest Primary Mortgage Market Survey(PMMS) Report from Freddie Mac, average mortgage rates just hit the year’s lowest as 30-year FRM fell by 7 basis points to 3.95 percent this week. Mortgage rates decreased by more than a quarter of a percentage point since the beginning of 2017. For the past months, ...

Houses that are move-in ready are a lot more convenient thinking that you don’t have to worry about anything else other than moving in. However, these properties can be very expensive. What makes fixer-upper houses very appealing is the attractive price tag. With some repairs and renovations, you’ll have a home that can be as beautiful as a newly-built property. However, it is never easy to buy a fixer-up...

You hear that you have the option to get a “no closing cost” loan. You immediately, think “Sign me up!” Who wouldn’t want to save thousands of dollars on their refinance? But, before you do, there are some considerations you must make. While the name makes it seem like the loan does not cost you, in reality, it does. We show you how below. Get Matched with a Lender, Click Here. HOW LENDERS OFFER A “...

Have you ever thought of refinancing your home equity loan? It’s not a common practice, but it can definitely have some benefits. Because your home equity loan might change over time, you may want to reevaluate your situation to see if you should consider refinancing your home equity loan. Looking for Current Mortgage Interest Rates? Click Here. Keep reading to learn the top reasons you may want to think abou...