Home Buying

The Case for Investing in Foreclosures

The Case for Investing in Foreclosures

We all know that real estate is a solid investment. It's always been a safe bet, but in recent years it has become an increasingly popular investment vehicle, especially among Millennial women. And while there are many different ways to get involved in real estate, one of the best deals out there right now is foreclosure properties. What is a foreclosure? A foreclosure occurs when a homeowner is unable to...

From Fixer Upper to flipped—Here’s How to Profit from a Home Flip

From Fixer Upper to flipped—Here’s How to Profit from a Home Flip

It’s no secret that real estate can be a great investment. But if you’re not interested in being a landlord or property manager, there is another option for earning money in real estate: flipping homes. In case you’re unfamiliar with the term, flipping a home simply means buying a property, fixing it up, and then selling it for a higher price. And while it may seem like a simple enough concept, there...

Considering a Lease Back Option? Here’s What Sellers and Buyers Need to Know

There are a lot of times when a seller wants to sell their home quickly, but that doesn’t always mean they are ready to move quickly. Situations like waiting on a new construction home to be finished, the start or end of the school year, problems scheduling movers or the timing of a work-related relocation are just a few of the reasons a seller may want to stay put for just a bit longer.Rather than...

Understanding the Mortgage Process: Here’s What to Know About Cash to Close

The mortgage process can be one of the most anxiety-ridden steps in achieving new homeownership. There are all the necessary documents to pull together, the need to avoid large purchases or opening lines of credit, and often, repeated requests for additional information along the way. And, one of the biggest pain points is understanding how much money you need to bring to the table when it finally comes...

Here’s What You Need to Know About Closing Costs Before Making an Offer

When getting ready to buy a home, most would-be new homeowners focus on saving up a down payment. While that’s important, coming up with enough cash for a down payment is only part of the picture. Until you also save enough to cover all your closing costs, you aren’t financially prepared to purchase your home. What are closing costs? Closing costs are a summation of the additional fees you will pay...

3 Questions to Ask Yourself Before Viewing Properties

The idea of buying a home can be exciting–especially if it is your first home purchase. Homeownership can offer a number of financial and emotional benefits. While there are several steps to get through before you can start to enjoy homeownership, it’s important to be sure you’re ready for what lies ahead before you start viewing properties. Here are three important questions to ask yourself as you...

Post-Moving Tips Will Keep Your New Home Neat and Organized

Checklists for packing and moving are plentiful. There are lists on what to do before you pack, how to keep your packing organized, and what to do each step of the way in the weeks leading up to the big day. But what about after the move? Buying and moving into your new home is exciting. What isn’t so exciting, however, is unpacking all those boxes. It’s no wonder some new homeowners still have...

Empty Nester? 3 Things to Ask Before You Downsize to a Smaller Home

If you are about to become an empty nester–or even if you’ve been one for a while now–you may be thinking about downsizing from the family home. After all, bigger isn’t always better, especially once the kids are out of the house and you start to find you’ve got a lot more space than you know what to do with. The larger the home, the more time and money it takes to maintain.  Downsizing...

Your Debt-to-Income Ratio: What It Is and How it Impacts Your Ability to Get a Mortgage

Your debt-to-income ratio is one of the key factors in qualifying for a new home loan. But how much do you really know about this important calculation and what can you do to move it in your favor? Your debt-to-income ratio, or DTI, is used by mortgage lenders in making a decision regarding your worthiness for a home loan. If your DTI is too high, you could end up paying a higher interest rate or worse...

When the Offer Includes a Contingency: What Home Sellers Need to Know

When you’ve got your home listed, getting an offer can be exciting. And, in today’s market, it’s more likely you’ll be looking at multiple offers at one time. Comparing those offers can be a challenge, particularly when it comes to understanding the contingencies that you might see. Read on to learn what you need to know as the seller. Three common contingencies While these are common...

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