Tag: Home Buying

Posted on 10/27/2024
Home Buying Myths: Common Misconceptions Explained
Information and advice for first-time homebuyers is everywhere. Unfortunately, many of the most commonly accepted truths about buying a home are either outdated or false. Here are some of the biggest myths about home buying to help you understand the facts. Myth: You Can't Buy a Home With a Bad Credit Score It is possible to qualify for...
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Posted on 07/21/2024
Questions to Ask About a New Neighborhood
Buying the house itself is only part of home buying. When you buy a new home, you choose a brand new place to live. In some cases, that place might be unfamiliar or far away from where you lived before. So, it's important to keep the local area in mind during your search. But how can you determine...
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Posted on 05/14/2023
Checklist for buying a house: First steps for would-be homeowners
If you’re feeling overwhelmed by the prospect of home...
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Posted on 03/26/2023
Factors to Consider Before You Buy a Condo
The process of finding the perfect condo is similar to finding any other type of home--with a few exceptions. Here are some of the key factors to consider when purchasing a condo: Your Budget How much can you afford to spend on a condo? Make sure you evaluate your budget to get a sense of whether you can...
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Posted on 04/10/2022
Financial Factors to Consider When Buying a Home
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...
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Posted on 10/31/2021
How Does Homeowners' Insurance Compare to Home Warranties and Mortgage Insurance?
Homeowners’ insurance is a popular and widely recommended service for homeowners. It provides protection from certain types of incidents and can cover damage and losses to your property. It can also cover certain furnishings and assets besides the actual structure of the home. If you’re curious about homeowners’ insurance, how it works and how it compares to other...
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Posted on 08/15/2021
Understanding Real Estate Contingency Types
In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....
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Posted on 05/10/2020
The Closing Process - What to Expect
Image by mohamed Hassan from Pixabay The last step of any home sale is the closing. This is the time when the buyer and seller sign all the documents surrounding the sale, including the documents for the buyer’s mortgage. This is when money changes hands and, in most cases, the buyer gets the keys to the home. If...
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