Tag: Homebuyer

Posted on 10/20/2024

Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...

Assuming Loans

Homebuyer

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Posted on 06/09/2024

Modular Homes: Top Mistakes to Avoid When Purchasing Yours

Buying a modular home can give you a great housing option when you need to move within a short timeframe and stay within your budget. While these types of houses tend to be affordable and available quickly, it’s important to understand the purchasing process. Knowing more about buying a modular home can help you avoid making potentially costly...

Homebuyer

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Posted on 05/19/2024

How to Sell to a First-Time Homebuyer

First-time homebuyers are an important subset of potential customer every agent and seller should know. As younger generations reach the age and stage of wanting to purchase a home, they’ll be entering the market with specific needs. If you’re selling your home—either through an agent or by owner—here are some of the most important things to do to...

Amenities

First Time

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Posted on 12/10/2023

VA Loans: Benefits & Disadvantages

If you're a veteran, a VA loan might seem like the perfect option for financing a home. However, there are some important differences between VA and conventional loans which could affect your decision. Here are some of the major pros and cons of VA loans to help you make the best financial choice: VA Loan Pros No Down...

Funding Fee

Homebuyer

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Posted on 06/04/2023

Are Your Eligible for a VA Loan? Basic Info to Know

A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...

Active Duty

Eligibility

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Posted on 07/10/2022

Considering Your Finances: Is Home Ownership the Best Choice?

Whether you’re planning on buying investment property or a new home, there are financial factors to consider. Knowing the details of your financial situation will help you make the best decision and help avoid unnecessary stress. If you’re trying to decide between renting and buying, here are some of the main financial things to go over: Savings Most...

Credit Score

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Posted on 02/06/2022

What to Do Before Buying a Home

Buying a house is a complicated financial and logistical process. The right preparation can make a huge difference in making the process go as smoothly as possible. Here is a list of the most important things to do before buying a home to help you prepare: Check Your Financials There are a few financials you should check on...

Checklist

Home Buying

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Posted on 11/07/2021

4 Ways to Reduce Home Buying Stress

40% of all homebuyers report that buying a home is one of the most stressful events in their lives. There are many sources of stress, but the more prepared you are, the better you’ll be able to handle them. Here are some tips for handling the most common stresses of buying a home: Find the Right Real Estate...

Adjustment

Buying A Home

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Posted on 10/03/2021

What Are Bridge Loans and When to Use One

Photo by Karolina Grabowska from Pexels When you're buying a new construction home, you may be in a situation where you can't sell your existing home until the new one is complete. This can cause added financial stress, but it doesn't have to. Bridge loans are specialized loans that can eliminate this added pressure. Here are a few...

Bridge Loans

Home Building

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Posted on 08/01/2021

Trends: New Construction Homes Might Stick Around and Here's Why

Photo by Nicholas Lim from Pexels People are buying new construction homes again, and experts expect the trend to continue. But why do analysts believe new construction is on the rise? Several factors are coming together. Quarantine Fatigue In the housing industry, there has been overall growth in the purchasing of single-family homes. Some of this buying activity...

Homebuyer

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Posted on 11/17/2019

What a Real Estate Contract Should Contain

Photo by Mohamed Hassan via PixabayBuying and selling real estate is a complicated process that takes time. Because you are making a life decision and dealing with strangers, you should always have a valid purchase contract. Real estate agents use a standard contract, but the buyer and/or seller may make changes to that contract. In making changes, be...

Buyer

Contract

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