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...]
Understanding the Factors That Impact Your Credit Score
Most consumers believe if they pay their bills on time, they need not worry about their credit score. Oftentimes, it is a rude awakening when they apply for a mortgage loan, car loan, or any revolving credit to learn they are not going to get the lowest rates available due to their credit score. This is because paying bills on time only accounts for 35 percent of your credit score. The remaining 65 percent is spread out among other factors that impact your credit score. Credit Usage and Impact … [Read more...]
3 Tips For Getting The Most Out Of Your Time House Hunting
In the ideal home-buying scenario, you'd have plenty of time to find the perfect home. However, this is not always possible. Maybe you are relocating for a job and have to buy a house from across the country. If this is the case, you might have to limit the time that you spend house hunting. Here are some tips to help you make your search as productive as possible. #1 Get A Mortgage Pre-Approval Before attending open houses and searching for a home, you should get pre-approved for a … [Read more...]
House Hunting When You Are In A Time Crunch
In an ideal world, you'd have plenty of time to find the perfect home. However, that does not always happen. Maybe you are relocating because of a job transfer. Fortunately, it doesn't have to take months to find the perfect home. You can speed up the process of buying a home utilizing some tried and true tips. Here are some of the best ways to speed up the house buying process. Find An Experienced Real Estate Agent An experienced agent likely has an extensive network and … [Read more...]
