There are no silly questions. Listed below are a variety of questions to think about when speaking to your mortgage broker: How long have you been working in the mortgage industry? Years of experience is essential when it pertains to taking care of challenging mortgages. What type of education or licensing do you have? You need to confirm that your … Read More
Additional Costs of Buying a Home
Plan for these unanticipated costs when creating your budget. A number of first time homebuyers are often shocked when they see the total cost of their home purchase, including the additional expenses, on closing day. Here’s a list of a few of the “hidden” expenditures you should expect to pay. Land Survey Despite the fact that most lenders may agree … Read More
Bidding War: How To Survive
Do you have what it takes to win a bidding war? Bidding wars occur when multiple offers are placed on a house. The seller can take any offer, depending on the best conditions proposed. Do’s and Don’ts. Be careful not to allow multiple bids steer you into a spiral of “ignorant bidding”. Do your financial homework and know your limits. … Read More
For Sale By Owner – How Does This Change The Home Buying Process?
The DIY guide for selling and buying a for sale by owner property When it comes to selling your home, a growing number of people are opting for the do it yourself approach. The private sale of homes is becoming relatively common thanks to advances in Internet technology and an increase in For Sale By Owner (FSBO) companies. If you … Read More
How to Know When You’re Ready to Purchase a Home
Think you are ready to be a homeowner? Here’s exactly how you can tell! 1) You have a budget Factor in homeowner’s insurance coverage, property tax, fees, upkeep costs, and the best available home mortgage rate. 2) You have a sizeable down payment. Generally, you’ll need a down payment worth 20 % of the house price. 3) You have a … Read More