Moving into a new home can be an exciting life change, but it comes with its own set of stresses. Whether it's cross-country or cross-town, a move requires a lot of work to pack up your belongings, transport them and lug them into your new place. Professional movers can be a big help because they do all of the heavy lifting for you. You can even pa...
If you've ever gone shopping for a home mortgage or refinance you've probably seen an interest rate advertised as, for instance, "Rate: 2.65%; APR: 2.7%." The annual percentage rate (APR) represents the average annual finance charge you'll be paying on the loan when including all the fees and costs associated with getting that loan. This can includ...
When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important.
What are closing costs? According to Trulia, “When you close on a home, a number...
When you are buying a home for the first time, you’re likely to run into many processes that you haven’t been through before. One of the most important parts of the purchasing process is your property inspection. It may seem daunting, but if you know your role and the role of others, it can make the process less stressful. Here is what you should e...
Before you sign on the dotted lines, ask yourself these six crucial questions.
1. What Am I Buying?
Make sure you have done your due diligence and inspected the property thoroughly. This could be the biggest investment you ever make (emotionally as well as financially) so know what you are getting yourself into before you seal the deal.
If you’ve never purchased a house before, you may have no idea where to begin when preparing to become a homeowner. You may be on the fence about buying, or you may feel like you are ready to buy a home today. Either way, these tips can help anyone feel a little more prepared for their first home purchase!