Savvy home buyers who are preparing to make a real estate purchase should do their research and understand that they need to save money for not only the down payment but the closing costs as well. The closing costs can account for as much as three to five percent of the sales price in some cases, so this can be a rather sizable amount of money. Some home buyers however, may not realize that the amount of closing costs can vary considerably based on the home that is … [Read more...]
Buying Your First Home? Learn These 5 Essential Home Maintenance Skills as Soon as Possible
New homes can be scary. But when you take the time to think about it, and plan ahead, maintaining a home is easier than you think a manageable mix of experience and common sense. Here are five skills that will help maintain your new home for years to come. Fixing A Toilet It's not as daunting as it sounds. Just remember that toilets work with gravity the water wants to flow freely. Don't be afraid to open that tank up and adjust the floater and valves as needed. Occasionally run the water (flush … [Read more...]
Getting to Know the Neighbors: 3 Tips for Building Good Relationships
One of the factors involved in feeling truly comfortable in your community is the relationships that you've been able to establish with the locals in your neighborhood, but it can be hard to know how to nurture a good relationship. Whether you're moving to a new home soon or are wondering how to make some nearby friends, here are some simple tips for ingratiating the ones that live closest to you. Offer up Your Favorite Dish It might seem like a bit of a risk, but one of the best ways to get to … [Read more...]
What’s Ahead For Mortgage Rates This Week – August 22, 2016
Last week's economic news included the NAHB Housing Market Index, Commerce Department releases on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were also released. Shortages of available single-family homes have driven up home prices and increased competition among homebuyers; short inventories of homes for sale are affecting affordability in many areas, although buyers seem motivated by lower mortgage rates and some easing of mortgage … [Read more...]
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