Archive for the ‘Home purchase’ Category

There are so many expenses that come with purchasing and owning a home—from closing costs and down payments, to property taxes and insurance. Many soon-to-be homeowners do what they can to save money during the process, and cut corners where they can. And while there might be certain things you can do without, the one […]

Homeownership is a common goal shared by many, and if you’ve been working towards making that dream a reality, it can be difficult to determine when the time is right. Some people realize that they might be better off waiting on buying a home, and some even come to the conclusion that homeownership just isn’t […]

Homeownership is a common goal shared by many, and if you’ve been working towards making that dream a reality, it can be difficult to determine when the time is right. Some people realize that they might be better off waiting on buying a home, and some even come to the conclusion that homeownership just isn’t […]

If you’re about to purchase a home, you may have thought about buying a fixer-upper. Although these types of homes can be priced accordingly, they often need a lot of work, which can require a good amount of time and money. However, there are a lot of benefits of a fixer-upper that are definitely worth […]

If you’re currently house hunting, you may have thought about buying a foreclosure in order to save money. But foreclosures aren’t the only option aside from traditional sales—there are also short sales. Learn more about what a short sale entails, including some of the pros and cons to consider before making the decision to purchase […]

Purchasing a home that is listed as a foreclosure can be a terrific opportunity to buy a home that may have been unaffordable otherwise. You will want to remember, though, that buying a foreclosure can be very different from a traditional sale, and there are certain considerations to keep in mind and things that you […]

Have you thought about buying a second home? If you already own a home, but you have the opportunity to purchase a second property, it is a huge decision to think about. A second home can potentially be a good investment, whether you plan on using it as a seasonal home or vacation home (rather […]

If you recently applied for a mortgage loan and it was turned down, it can be difficult to pinpoint why and the lender may not disclose all of the reasons. There could be a single reason why you weren’t approved, or it can be due to multiple reasons. The following are some of the more […]

Are you about to buy a home? Whether it’s your first home or you’ve owned property before, it can be an exciting time, but it’s important not to overlook one of the most crucial steps: the home inspection process. Before you officially take ownership of the home, you’ll have a home inspector go through the […]

Traditional mortgages usually require at least 10 percent down in order to qualify. Even if you’re staying on the lower end of your housing budget, coming up with this amount of cash can be difficult. On top of the down payment, there are also the closing costs to budget for, which can make homeownership almost […]