6 Basic Requirements to Finance a Home Purchase

Buying a home is one of life's most exciting experiences. However, financing a home purchase is solely fact-based, with lenders basing their decision on documentation. So, here are six basic requirements to finance your home purchase. Credit Score Many people who want to buy a home believe they need a [...]

2021-05-11T21:53:15+00:00May 11th, 2021|Home Buying|

$15,000 First-Time Homebuyer Tax Credit Could Cover Entire Down Payment

  Zillow’s recent analysis revealed the potential impact of President Joe Biden’s proposed tax credit for first-time buyers. According to Zillow, a $15,000 tax credit, which would be refundable and advanceable, could provide the ability for millions of renters to enter first-time homeownership. With housing affordability a concern [...]

2021-04-22T22:58:36+00:00April 22nd, 2021|Home Buying|

Why Buying a Home Is Harder for Millennials

According to the Urban Institute’s “Millennial Homeownership” report, Millennial homeownership is 8% lower than Gen X and Baby Boomers. With Millennials currently constituting America’s largest demographic, these lower generational ownership rates mean around 3.4 million fewer people are buying a home in the U.S. The postwar economic boom was a [...]

2021-03-24T00:14:08+00:00March 24th, 2021|Home Buying|

6 Steps to Follow When Buying a Home

Buying a home can be stressful for both first-time and experienced homebuyers. Researching the market, filling out mortgage applications, and finding the right home all take time and effort. Here are six steps to follow when buying a home. Steps to Follow When Buying a Home #1 Find the Right [...]

2021-04-06T17:34:32+00:00March 22nd, 2021|Home Buying|

Veterans are Optimistic about Homebuying in 2021

  Although housing prices are rising while the effects of COVID-19 are being felt in the market, Veterans are optimistic about homebuying in the 2021 housing market. According to the Veterans United Home Loans National Survey, approximately 1 in every 3 Veterans plans to buy a home this year. The [...]

2021-04-06T17:46:53+00:00March 22nd, 2021|Home Buying|

What to Ask a Home Inspector Before, During, and After an Inspection

Buying a home is one of the most significant decisions and investments a person can make. When an offer for a house is accepted, but before the sale is closed, a homebuyer should do their due diligence and get the home inspected. A home’s problems may not be immediately apparent [...]

2021-01-26T20:23:16+00:00January 12th, 2021|Home Buying|

Top Things to Know When Buying New-Construction Homes

For many people buying a freshly built home is a dream. It’s a fresh new canvas for the owner to make into their own home. However, without the right guidance, this dream can quickly turn into a nightmare. So, here are the top things to know when buying new-construction homes. How [...]

2021-01-26T18:12:52+00:00January 11th, 2021|Home Buying|

Top First-Time Homebuyer Mistakes to Avoid

As a first-time homebuyer, you are starting an exciting process that can be daunting at times. However, you can speed up the homebuying journey and avoid heartache by familiarizing yourself with these top first-time homebuyer mistakes ahead of time. Mistake #1: Overspending on a Home Overspending on a home happens [...]

2021-01-26T17:54:55+00:00January 7th, 2021|Home Buying|

Obstacles First-Time Homebuyers Face Today

For generations, part of the American Dream is to own a home. However, first-time homebuyers face various obstacles that often result in renting for longer while struggling to buy their first home. The median age of a first-time buyer has increased to 33, which is the highest in decades. What [...]

2020-12-08T21:41:04+00:00October 16th, 2020|Home Buying|

How to Know You’re Ready to Buy a Home

Buying a home is a long-term financial commitment. So, it’s important to know whether you're ready to buy a home, or if you should continue to rent. Buying vs. Renting A major benefit of owning a home is the accumulation of equity. A portion of every mortgage payment, in most [...]

2020-08-17T22:12:59+00:00July 28th, 2020|Home Buying|
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