6 Home Closing Costs Explained
The homebuying process can be a long road but the payoff is so rewarding! Yet before you can enjoy all the great amenities your new property has to offer, you will have to close on the house. Many people believe their purchase is complete when the seller accepts their offer, but there are additional costs…
FHA Loans: What You Should Know
About 20 percent of people who apply for a mortgage will choose a Federal Housing Administration (FHA) loan. This type of loan is insured by the FHA and issued by an FHA-approved lender. According to the U.S Department of Housing and Urban Development, the purpose of this government agency is to help protect lenders against…
How to Prepare for a Home Inspection
A home inspection is defined as an examination of the physical structure and systems of a home. Inspectors determine the condition of a home to prevent any surprise damages and difficulties the new buyers may experience. If you’re in the process of selling your home, here are a few ways you can prepare for the…
Are You Ready to Buy a Home?
Are you considering the leap into homeownership? Buying a new home can be a very rewarding experience, yet it’s important to make sure you’re ready to make this big commitment. If you feel prepared for the process but are still not completely sure, consider these factors before deciding to purchase a home. 1. Assess Your…
3 Factors That Can Affect the Housing Market
The housing market is constantly changing. If you are ready to buy, it’s important to know where the market currently stands and how it might affect the price and availability of your future home. Consider these 3 factors before entering the housing market. 1. Inventory Depending on the season and time of year, the number…