What are today’s record high affordability rates for home buying doing to rent prices? Courtesy of Quizzle Free Credit Score and Report
Should You Be a Homeowner?
May 3, 2011 By
Before you become a first time homebuyer, it’s a good idea to stop and ask yourself a few questions. Depending on your circumstances, renting for a few more years may be the sound financial move to make. How Long Do You Plan to Stay in the Home? If you’re taking out a 30-year purchase mortgage [...]
Rent or Buy a New Home?
May 3, 2011 By
Is it wiser to rent a home or to take out a mortgage and purchase one? In the past, conventional wisdom has held that buying is more sound financial decision. In today’s market, however, there are some cases where you might actually come out ahead renting your home. When making the rent versus buy decision, [...]
How to Search for Foreclosed Homes
May 3, 2011 By
The historic foreclosure level is no secret these days, and many homebuyers are seeking to find the best deal possible. Buying a foreclosed property might just be the offer of a lifetime! With interest rates at historic lows and refinancing prices low, passing up on a chance to buy a foreclose home might just come [...]
5 Ways to Save for a New Home
May 3, 2011 By
Just a few years ago, home buyers didn’t need to worry as much about saving a down payment for their home. Some programs even existed that allowed buyers to finance the entire cost of the home. Most lenders today, however, would like to see you come up with 20% of the homes principal as a [...]
Why It Is So Important to Get A Home Inspection
April 29, 2011 By
When purchasing a home it is essential that you protect your investment. One sure way to accomplish this is to have a home inspection of the property. It is one way to point out flaws and let you know if you are making a sound investment. When do I get one? Once you have a [...]
The Top 10 Websites to Help You Check the Value of My Home
April 29, 2011 By
It’s probably the question everyone wants to know, how much is my home currently worth? With recent struggles in real estate values and buying or selling your single largest purchase, for some, we gathered a list of online resources for you. Let’s take a look at several website online tools helpful in calculating value. Now [...]
Renting vs. Buying
April 29, 2011 By
Deciding whether to rent or buy a home is an important decision. Since there is so much to take into consideration it is best to have all of the facts to make an informed decision. When you rent you have to look at it from a monetary standpoint, as well as from other aspects. First, [...]
Getting Prequalified is the Key to Getting Your Offer Accepted
April 29, 2011 By
If you are in the market to purchase a new home, you need to know that one of the most critical components to getting your offer accepted by the seller is having a pre-qualification or pre-approval letter from a reputable lender. In fact, it can make or break whether or not the seller takes your [...]
I’m Ready to Buy a Home. Now What?
April 29, 2011 By
For those who have never owned their own home starting the home buying process can be a little overwhelming unless you take the right steps. Proper planning can prevent you from making mistakes that can cost you in time, aggravation, and most of all, money. Many home-buying novices go look at homes first and once [...]