When someone is thinking about buying a home, one of the key parts is the home appraisal. The appraisal ensures that the buyer is paying a fair price for the home while also protecting the mortgage lender against taking a loss. On the other hand, an appraisal is also an added cost of the buyer can be a serious source of stress for both sellers and brokers. Recently, government agencies have passed a rule saying that home appraisals are no longer going to be required on homes that are less than … [Read more...]
Eight Signs You’re Ready To Stop Renting And Buy A Home
For many people, owning a home is seen as a rite of passage. At the same time, purchasing a home is expensive. As a result, many people end up renting for an extended period of time. Here are a few signs that someone is ready to stop renting and purchase a home. 1. Rental Prices Keep Going Up Year after year, rental prices are going to keep going up. While the rental company is going to claim that these increases are consistent with the industry, they tend to be exorbitant. As a result, those … [Read more...]
How Long Should I Spend Looking For a New Home?
Whether you've been looking for a home for a long time now, or you're just about to get started on the hunt, you're probably wondering how long should you spend looking for a new home. Does it take weeks to find your forever home, or months or even a year? What's typical? There Is No Typical The reality is, there is no typical amount of time it takes to find your home. There are too many variables, including how actively you're looking. Maybe you've heard horror stories of people who've been … [Read more...]
11 Simple Ways To Save Money Toward The Purchase Of Your New Home
If you find it difficult to make ends meet, these tips will help you save money in ways that are easy to do and create substantial savings over time. Declutter Get rid of stuff you do use or need by having a garage or yard sale or by putting things for sale on eBay or Craigslist. Make Your Own Coffee Do you really want to make that billionaire richer by buying coffee for $5+ a cup? Make your own gourmet coffee that costs around 50 cents per cup for the same thing. Bring Your Own Lunch Making … [Read more...]
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