Buying a new home is exciting. Buying a brand new home can be even more so with the realization of being the first owner and possibly being able to choose your own layout and finishes. The prospect of owning new construction is definitely exciting, but it doesn't come without its own set of questions. If you're in the market for a new home, and considering new construction, make note of the questions below when you begin your property search. What Are The Long Term Plans For The Community? … [Read more...]
How the Purchase and Refinance Mortgage Process Works
The purchase and refinance mortgage processes are similar in many ways, but there are also some important differences. Here is a general overview of how each process typically works: Purchase Mortgage Process Determine your budget: Before you start shopping for a home, you need to figure out how much you can afford to spend. You can do this by calculating your monthly income, expenses, and debt, and getting pre-approved for a mortgage. Find a property: Once you know your budget, you can start … [Read more...]
DIY Improvements Do Not Have To Be Expensive: A Few Examples
There are many do-it-yourself (DIY) home improvement projects that can be completed on a budget and still have a significant impact. Enhancing the appearance and functionality of your home doesn't have to be costly or time-consuming. New Light Fixtures One simple and affordable way to update your home is by replacing old or outdated light fixtures. New light fixtures can give your home a fresh, modern look and can also help to improve the overall lighting in your living spaces. There is … [Read more...]
Purchasing A House That Requires Repairs: What To Know
If you are looking for a way to save money on the purchase of your next home, you might be thinking about buying a property that requires repairs. Keep in mind that you will not be able to move into this property right away, so is it the best option? You could open the door to unique financing options that could make it easier for you to purchase your next property. FHA 203(k) Rehab Loan One of the best options available is an FHA 203(k) rehab loan. This is a convenient option because it allows … [Read more...]
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