Can I Afford a Mortgage?
If you’re getting ready to start house shopping, you’ve probably taken a good look at your budget and wondered how much house you can afford. Maybe you’re asking yourself if you can afford a mortgage at all! There are a…
What Does it Mean to be in Escrow?
When you are in escrow, it means that you have placed your funds with a third party in order to ensure that they are delivered to the other party in the transaction. This is often done in real estate transactions…
How Does a Mortgage Work Anyway?
If you plan to purchase a home, you have probably started to research the best mortgage options to make the most of your money. When looking at your home purchase, you have to consider both the actual cost of the…
Pros and Cons of a Fixed-Rate Mortgage
Fixed-rate mortgages are mortgages where your monthly payments will always stay the same throughout the life of the loan, which can be helpful in planning for the future. However, fixed-rate mortgages also have the potential to hinder borrowers if the…
What is a home inspection and how much does it cost?
A home inspection is a visual examination of the physical structure and systems of a home, from the roof to the foundation. It is performed by a licensed home inspector and usually takes two to four hours to complete. The…
What Is Required for a Conventional Mortgage?
When buying a home, most people use a conventional mortgage. This requires the home buyer to put down some amount of money, called a down payment, on the purchase. This is represented as a percentage of the overall purchase amount.…
Buying a House with an FHA Home Loan
Buying a House with an FHA Home Loan FHA home loans can be a great way to finance your dream home. FHA loans are government-backed mortgages that can make it easier to qualify for a loan and offer more favorable…
How Walkable is Your Neighborhood?
Homeowners with an eye to sell their home may be hearing words like walkability. But was does it mean and how does it apply to your situation? While it isn’t a big factor with all buyers or all situations, it…
Building Your Credit
If you are getting ready to buy a house in the next few years, taking time to build your credit is a great way to get the best rates and keep your costs down. Here are a few steps that…
Questions for Your Real Estate Agent
Getting ready to buy or sell a home? You are probably working with a real estate agent or considering reaching out to one for their expertise and guidance. Here are a few questions to help you find the right fit.…
