Are you looking to buy a new house in the near future? If so, one of the choices you will face is constructing your own brand-new home or buying an existing home. The idea of building a new house on the right piece of land might sound enticing, but what if you could have a larger, more luxurious existing home in the same neighborhood for a much lower cost? As you might imagine, there are pros and cons to each kind of home. In today's blog post we will explore whether you should build a new home … [Read more...]
Buying an Older Home? Watch Out for These 3 Key Flaws That Could Spell Trouble
Are you a fan of homes with a bit more character than newer, modern designs? Whether in pristine condition or more of a "fixer upper," older homes are incredibly popular in cities across the country. However, there are some key factors to consider if you're thinking about buying a home built decades ago before modern standards were enforced. Let's take a look at three key design issues that you will need to be aware of if you're thinking about buying an older house. Old Electrical Designs Can Be … [Read more...]
Worried That Your Past Student Loan Debt Might Delay Buying a Home? Here’s What to Do
Whether you are just about to graduate college or you have been out of school for a few years, there's a good chance you're carrying some amount of student loan debt. It seems that news headlines are regularly pointing out that the nation's graduates are suffering from the stress of student debt. Moreover, that pressure can be even worse for those who are looking to buy a home and start putting some roots down in the local community. Are you worried that past student loan debt will affect your … [Read more...]
Buying a New Home? Here’s Why Mortgage Pre-Approval Should Be Your First Step
Are you thinking about buying a new house, condo or apartment? Whether you are upgrading, downsizing or investing, if you intend on borrowing the funds you'll need to be pre-approved for a mortgage. In today's blog post we'll explore mortgage pre-approval and why this should be one of your first steps in buying a new home. Pre-Approval Helps To Determine Your Budget Do you know your budget? Mortgage lenders consider many factors when deciding how much they are willing to lend to a home buyer. … [Read more...]
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