Buying your home can be nerve-racking, especially if it's the first time. The buying process is exciting and often complex. The chances of making a mistake are relatively high. In today's real estate market where demand surpasses supply, you can't afford to make mistakes. And this is just the tip of the iceberg. If you are in the market to buy a house, here are five pitfalls avoid. Not Doing Your Homework Well Fortune favors the prepared in real estate. And preparedness begins … [Read more...]
5 Creative Ways To Buy A Foreclosure
Buying a foreclosed home is easy, right? After all, they sell for pennies on the dollar, right? Well, that could be a false assumption. Buying a foreclosed property appears easy on TV, but in reality, it can be overwhelming. Foreclosure sales continue to decline in the market from 38.6 percent in 2011 to 14 percent in 2017 but ticking up a bit in 2018 according to Attom Data Solutions, a national property data company. As foreclosure sales drop, competition for these properties become … [Read more...]
3 Budgeting Tips to Help Make Your New Mortgage Payments Easier
Buying a new home is an exciting time, but excitement can easily turn to stress if there isn't enough money to pay the monthly mortgage bill. The added expense can take some time to get used to, but there are ways to make the payments easier, especially in those first few months when money is the tightest. Prioritize The Mortgage Bill And Pay It Immediately This may seem like a counterintuitive tip for anybody looking for help making mortgage payments, but it is easily the best one and the one … [Read more...]
Best Things To Do Now To Get Your Finances Mortgage Ready
You probably already know that qualifying for a mortgage can be the biggest hurdle -- aside from actually finding that dream property -- along the path to home ownership. Rather than agonizing about it, however, there are some positive actions you can take in advance to help you realize your dream. Take A Close Look At Your Budget If you don't currently operate with a comprehensive household budget, get started now to analyze your income and monitor your spending habits. There's no better way to … [Read more...]