homeowners insurance guide

A Guide to Homeowner’s Insurance

October 13, 2021

A Guide to Homeowner’s Insurance

For the first-time home buyer, it can be easy to get overwhelmed with all the details and requirements involved in the process of buying their first home. And for many, understanding homeowner’s insurance and everything that goes along with it can be one of the most confusing.

In this post, you will learn everything you need to know about this important mortgage requirement, including why you need to have it, the different types, common coverage options, and more. more “A Guide to Homeowner’s Insurance” …

buying home first mortgage

What Does My Income Have to Be to Qualify for a Home Mortgage Loan?

September 15, 2021

What Does My Income Have to Be to Qualify for a Home Mortgage Loan?

If you are planning on purchasing your first home, then there are probably a lot of questions you have about the process and what it takes to qualify. For example, one of your most pressing questions might be – what does my income have to be to qualify for a home mortgage loan?

The answer to this question isn’t always the easiest to pin down because every home buyer is different, and their choice of mortgage product can also play a role. more “What Does My Income Have to Be to Qualify for a Home Mortgage Loan?” …

overpaying for home

5 Telltale Signs You’re Paying Too Much for a House

August 30, 2021

Are You Paying Too Much for Your Home?

Buying a home is one of life’s most complex experiences. Over the course of the entire process, your emotions can easily run the gamut from excitement to being stressed out to frustration and back to excitement again, often multiple times over.

Just like buying a new car, it can be all-too-easy to fall in love with a home and get caught up in the whirlwind of negotiations, especially when you’re buying in a seller’s market. Unfortunately, it is only after the excitement wanes and reality starts creeping back in that you might start wondering if you just might be paying too much for the home.

If you are entering the buyer’s market and want to ensure that you don’t get caught overpaying for your new home, here are five telltale signs to watch out for. more “5 Telltale Signs You’re Paying Too Much for a House” …

home inspection pros cons

The Pros and Cons of Waiving Your Home Inspection When Buying

July 27, 2021

Understanding the Value of a Home Inspection

Buying a home is one of the largest investments most people make in their lives. For this reason, buyers should want to know everything there is to know about the property they will be paying for over the next 30 years.

This is why home inspections exist. They provide the prospective buyer with greater insight into the state of most of the home’s primary elements. While a home inspection is important and recommended, there may be occasions where a buyer may choose to waive the inspection.

In today’s post, we share the pros and cons of waiving your home inspection when buying. more “The Pros and Cons of Waiving Your Home Inspection When Buying” …

summer home buying tips

5 Mistakes You Want to Avoid When Buying a Home in the Summer

June 16, 2021

Buying a Home This Summer? Read This First

Summer is the most popular house buying season, and this year as the country continues to open after the coronavirus pandemic, it is looking to be even more competitive than usual. With properties selling at a rapid pace and so many buyers navigating the market, it will be all-too-easy for overzealous buyers to overlook certain things on their pursuit of buying the perfect home. This will undoubtedly leave them open to making all kinds of mistakes.

If you are planning on buying a home this summer, then you have to do your due diligence to ensure you get the right home at the best price. To do that and to avoid buyer’s remorse, you need to avoid the following five mistakes so commonly made when buying a home in the summer. more “5 Mistakes You Want to Avoid When Buying a Home in the Summer” …

tips for buying first home

How to Choose the Best Mortgage for You When Buying Your First Home

May 12, 2021

What Kind of Mortgage Is Best for First-Time Buyers?

Buying your first home is one of life’s most exciting experiences. After all, you are grabbing your slice of “the American dream!” When you find and fall in love with a home, there is nothing better. You might think to yourself – everything is just perfect about the place.

But here’s something that nobody tells you – if you don’t choose the best mortgage product for you, that dream of owning your “perfect” first home could turn into a nightmare. Here is how to choose the best mortgage for you when buying your first home. more “How to Choose the Best Mortgage for You When Buying Your First Home” …

spring home buying checklist

Ready for Spring Buying Season? How to Get Your Mortgage Checklist in Order

April 14, 2021

Creating a Mortgage Checklist for the Home Buying Season

Buying a home, whether it is your first or your third, is almost always a stressful experience. But you can save time and energy and alleviate a lot of the stress just by being organized and prepared. Making sure you have everything you need on your mortgage checklist will also help ensure that you are ready to make a deal immediately, so you don’t miss out on the home of your dreams in what will surely be a scorching hot buying season this spring.

Ready to get prepared? Here’s how to get your mortgage checklist in order. more “Ready for Spring Buying Season? How to Get Your Mortgage Checklist in Order” …

refinance loan for home remodeling

Using Mortgage Refinancing for Remodeling a Home

March 25, 2021

What Loan Is Best for Home Remodels?

Many homeowners who have either lived in their home for a long while or who have seen an increase in market value on their property choose to tap into their home equity for the purposes of doing remodeling projects. More often than not, homeowners don’t find themselves in a position to shell out cash without leveraging this asset. With refinance rates looking better than ever, using one’s existing mortgage is a popular way to access funds to start breaking ground on projects around the home.

Thinking about remodeling your home sometime in the next year? Have equity built up in your property? If this sounds like you, then read on to learn about a few loan types that will put you in good standing to finance those long-awaited home improvement projects. more “Using Mortgage Refinancing for Remodeling a Home” …

Home Improvements With Refinance Money

Spending Mortgage Refinance Money on the Best Home Improvement Projects

February 25, 2021

How to Make Decisions About Your Mortgage Refinance Money

These days, most major home renovations can be pretty costly, amounting to total budgets that don’t speak to the reality of what many homeowners have saved for a rainy day. With great rates available for mortgages, refinancing one’s home and taking equity out has become a realistic way for homeowners to get the money they need for large-scale projects around the house.

If you’re reading this, then the idea of refinancing your home to pay for your future remodeling projects is likely front of mind. But savvy homeowners will want to consider ROI on various house projects before spending the money and taking the leap. For example, will the project increase your home’s value a little, or a lot? Will you be spending more money than you’ll be adding to your home’s value? Refinance your home for remodeling projects when the ROI says it’s worth it. With that in mind, here are a few renovation projects worth refinancing your mortgage for. more “Spending Mortgage Refinance Money on the Best Home Improvement Projects” …

refinance mortgage home improvements

Refinance Tips: Fixing Up Your Home Without Spending a Fortune

January 19, 2021

Spending Mortgage Re-fi Money Wisely with Home Projects that Matter

Not all home upgrades need to cost a fortune – and when you’re going through the process of refinancing a mortgage to take cash out for improvements, you want to know you’re getting the most bang for your buck. For new homeowners as well, several large-scale home improvement tasks just may be outside the budgets.

Never fear: the good news is that you don’t have to do a complete bathroom or garage remodel to change your home’s aesthetics and functionality. Similarly, you don’t have to spend a fortune to improve the market value of your home. With that in mind, here are a few low-cost home upgrades you can wisely spend your mortgage refinance money on. more “Refinance Tips: Fixing Up Your Home Without Spending a Fortune” …