Buying

Buying Turning Aspiration into Achievement: Guiding Your Journey to Homeownership in 2024 Here is an update for those eyeing the real estate market: mortgage rates have dipped into the “sixes.” This shift means that in 2024, more aspiring homeowners will be actively seeking their dream abode. If you find yourself among these eager buyers, it’s wise to dedicate the upcoming weeks to preparation. Take the time to […]
Buying Expert Predictions for 2024 Home Prices Predicting the real estate market is like trying to guess the weather – it’s unpredictable. However, there are signs pointing to some growth in housing prices this year. While home prices have been rising across the country, there’s a worry they might start to dip in the coming months. A recent survey found that about […]
Buying Fewer Millennials Qualifying for Credit Cards Millennials are applying for credit cards more than most age groups, but they’re not qualifying for them, according to consumer behavior data by ID Analytics, a consumer risk management firm. One in five people ages 23-27 have been declined for credit multiple times in a year, and it’s not because they don’t have a high […]
Buying Guidance on Conducting a Comprehensive Home Inspection Although not mandatory, home inspections play a crucial role in the home buying process as they enable potential buyers to identify hazardous and costly issues in a property before finalizing the purchase. Such discoveries can serve as valuable negotiating points during the transaction. However, it’s essential to acknowledge that home inspectors are not infallible and […]
Buying What to Know About Home Appraisals Home appraisals and home inspections, though both important in the homebuying process, are often confused with each other due to their distinct purposes. A home inspection, which is optional, involves a comprehensive assessment of the property’s systems and structure. An inspector identifies deficiencies, safety hazards, and necessary repairs that should be addressed prior to purchasing […]
Buying Updating Your Home Insurance Policy When you buy a house, your mortgage company will require a home insurance policy before closing on your loan. But home insurance isn’t necessarily a one-and-done deal. You’ll want to reevaluate your policy regularly over the course of your time in the home. This is especially important if you renovate and when home prices or […]
Buying What elements make up your credit score? When you buy a home, your credit score plays an essential role: It can impact what loans you’re eligible for and the interest rate you get (which will affect your monthly payment costs). But what determines your score? The exact elements depend on which scoring method you’re looking at, and lenders often use FICO. Generally […]
Buying 4 Signs a Property Is Priced Too High No one wants to pay too much for a house. It can be a frustrating prospect, plus it makes your payments higher and could make appreciation seem less likely. If home values fall too much, you could end up underwater, which means owing more on your mortgage than your home is worth. But you shouldn’t […]
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