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 … Continue reading You Ask We Answer Should I Build a New Home or Buy an Existing One →

The Specialized World of Condo Mortgages   Today's prospective home buyers have some compelling reasons to shop for condominiums instead of houses. Condos may come with less square footage, which makes them easier to clean and maintain -- not to mention more affordable. Bankrate points out that condos' proximity to major city amenities can also prove attractive to … Continue reading What You Should Know About Condo Mortgages →

Homeownership has never been more accessible than how it is today. Before, professionals with high incomes were the only ones who could afford a mortgage, but now, even fresh graduates can already apply for a housing loan.   While this growing number of mortgage options has positive effects, it also has certain drawbacks. Choosing the … Continue reading Choosing the Right Offer for You →

Like with any bills and loans, getting a mortgage is filled with additional costs. One of which is the closing cost. A closing cost is a collection of additional fees excluding your down payment which you have to pay upfront to get a housing loan. While, in most cases, closing costs aren't that expensive, it's … Continue reading The Truth Behind Closing Costs →

Are you thinking about selling your house? Before you decide to list your home up for sale, it is helpful to get a clear picture of how much it's going to cost. Whether you are sprucing things up with a fresh coat of paint, replacing the roof membrane or just covering your taxes, there will … Continue reading What Are the True Costs of Selling a Home Lets Take a Look →

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 … Continue reading Understanding the Factors That Impact Your Credit Score →

While there may be instances when a homeowner must sell a property and move regardless of market conditions, there are other times when the value of the property will be a deciding factor in whether a homeowner moves or remains in the home for a longer period of time. Some homeowners will attempt to determine … Continue reading Understanding Home Appraisals and Why You Want a Real Estate Agent to Value Your Home →

On the surface, a short sale seems like the perfect deal. However, before you take the plunge, you need to understand how this type of home purchase works.   What Is a Short Sale?   A short sale is a home sale in which the homeowner is selling the home for less than he or … Continue reading What You Need To Know about Short Sales →

At times, buying a house is a hit-or-miss thing. Some people get the best deals, while others don’t get what they paid for. People don’t realize that there are indicators to know if it’s an excellent year to buy a home. You can get huge savings from getting a house rather than continuing with your … Continue reading How to Know if It’s a Good Year to Buy a Home →

Everyone dreams of owning a home. Not only does it provide great comfort and stability in one's life, but a house is one of the most significant investments anyone may have.   However, not just because everyone dreams about it means that it's for everyone. Owning a home is not a walk in the park–you'd … Continue reading Is Homeownership for Everyone? →