The Financial Do’s and Don’ts of Buying a Home
When you are going out to buy a home there are a lot of things to consider, however, one of the most important things to consider are finances. Whatever type of home you end up buying should be a home that you can realistically afford to purchase.
All You Need To Know About FHA Loans
The Federal Housing Administration usually insures FHA loans with a down payment of 3.5% for those with a credit score of 580 or more. The loans are only issued by an approved FHA lender or a bank. The down payment and credit score are lower compared to conventional loans. The main aim of FHA loans is to enable first-time home buyers and moderate families to acquire home ownership.
How to Make Your Offer Stand Out Above the Rest
The real estate market is booming. It is a seller’s market. Most homes that enter the market have multiple offers within days. As a buyer, it can be tricky. You may look at home, and before you even decide whether you are interested or not, it is no longer available.
How to Calculate Your Total Monthly Payments When Buying a Home
Buying a home takes your household and your finances to the next level. You are putting down roots and also investing in a long-term loan. You are becoming a homeowner and also committing to the monthly costs of living in your home. This means that buying a home also means calculating all the monthly payments, from the mortgage payments to the internet bill.
Easy Maintenance Indoor Plants for Homeowners
Many new homeowners are looking for a way to make their new house a home. The greenery provided by plants can easily provide that lived-in feeling.
What Is a Ratified Contract and Why Do I Need One to Buy a Home?
As a homebuyer, you will likely need a ratified contract for the processing and approval of your mortgage loan application. It is an essential aspect of the process that can make or break your purchase. We’ve outlined everything you need to know below to help you understand what a ratified contract is and why you need one.