During the home buying process, you will encounter many unfamiliar terms, some of which may seem like the same thing. One such pair might be “sales price” and “appraised value.” They both refer to how much the house is worth, right? Actually, there is a d
Apr 06, 2022 | Purchasing a Home
The pandemic of the past few years has kept people in their homes much more often than most would prefer. Instinctually, many are looking around for alternative lodgings to go when they want to escape the inside of their own four walls and the weariness o
Mar 31, 2022 | Purchasing a Home
If you are looking to buy a vacation home in one of your favorite spots, one of the most important questions to ask yourself is “Can I afford to buy a second home?” The answer will depend on a variety of factors.While some buyers have the cash to buy a se
Mar 29, 2022 | Purchasing a Home
Obtaining a home loan is one of the most critical parts of buying a home for most Americans. It can be a little overwhelming if you’ve never been through the process before. There are a lot of documents to sign and collect and you might feel like you’re f
Mar 25, 2022 | Purchasing a Home
The standard home buying process follows this formula: you find the right property, you go under contract to buy it, you get approved for a mortgage loan, the lender lends you enough money to buy the home, you sign papers, and you move into your new house
Feb 09, 2022 | Purchasing a Home
When you apply for a home mortgage, lenders will check your credit score, income, assets, and debt. All of this will get factored into an algorithm to figure out if you are credit-worthy enough to be granted a loan. Most of the standards used by lenders a
Feb 02, 2022 | Purchasing a Home