It’s normal for first-time homebuyers to feel overwhelmed by the process of becoming a homeowner. First-time homebuyers are often excited in the thought of making one of the biggest investments in their lives. Along with this, they also need to make solid financial decisions to determine if they can sustain living in the house they are choosing.
Shopping for a mortgage and home is the first step you need to take if you want to fulfill your dream as a homeowner. Buying a home is often overwhelming simply because you’re making one of the biggest financial decisions in your life. Before applying, it’s smart to educate yourself on the mortgage process and programs so that you can better understand your options.
A growing number of millennials are reportedly choosing to live in the suburbs over big cities. Factors like good weather and better employment opportunities make this age group choose smaller metros. We’ve listed 10 of the best suburbs where you can buy your first home as a millennial.
Setting a budget and saving money for a down payment can be a challenge, but a gift from a willing (and generous) family member can certainly help reduce the financial strain. However, before you head to the bank to make the deposit, there are some rules and requirements that you should know about accepting gift funds.
Considering buying your first house? Before you can open the door to your new abode, you’ll first need to tackle the homebuying process. For first time buyers, this process can be especially daunting. To help make your first purchase a smooth one, avoid these six first time homebuyer potential pitfalls:
The housing market may seem like it’s filled with newlyweds looking for their first home, but there are a growing number of people who are looking to buy a home solo. Here’s how you can make buying your first home on your own a success.
Buying a home is an exciting adventure that may also become a stressful life event, especially when delays throw plans off track. Follow these simple tips to avoid unnecessary delays and keep your purchase on schedule to ensure that you get into your dream home – on time!
As you work through the homebuying and loan application process, be aware that large financial transactions, such as a home purchase, can make you a target for fraud. It’s important to know how to protect yourself against identity theft and other types of fraud. Scammers may pose as third-party companies and attempt to appear as though they are involved with your transaction. Here are some recommendations to keep your information safe when transferring funds for a large real estate purchase:
Moving into your new home is an exciting time! But before you celebrate, there are a few items you’ll want to check off your list to ensure your safety and well-being in your new home.
There are many things to consider when purchasing your home. One of the key factors is deciding what type of home is best suited for you. Condos, townhomes and single-family homes each have their own set of pros and cons. To make a smart decision, here are a few factors to consider: