“How much does a home inspection cost?” is one of the most frequently asked questions from prospective home buyers. The bad news is we can’t give you the exact cost of home inspection procedures in your area, since they vary based on the state of the property, the presence of a pest infestation, the size […]
First Time
Buying a Foreclosed Home in 5 Fast-Paced Steps
You’ve likely arrived at this post on how to buy a foreclosed home because you’re a first-time buyer, interested in the lower end segment of the market. Don’t worry, you are in no way alone. Not only are most foreclosed home buyers first-timers, but there are still plenty of foreclosures going around. Data from the […]
9 Tips for Attending an Open House as a First-Time Buyer
While the Internet abounds with open house ideas for sellers and realtors, prospective buyers are comparatively overlooked. That’s because they allegedly have it the easiest. It’s a buyers’ market, after all, and, as far as open houses go, all they have to do is show up and snoop around. Yet, even if this may be […]
The 6 Steps to Buying a Home in 2015
Here are all the steps to buying your first home that you need to know about in this allegedly strong market. It’s apparently easier than ever to get a good mortgage, with low rates, but it’s still a sellers’ market out there—so come prepared! Step 1: Know your financial boundaries The first steps to buying […]
3 Tailored Tips for Millennials: Buying Your First Home in 2015
“How to buy your first home” is a loaded question in 2015, as millennials are starting their families, progressing up their respective career ladders, but still find themselves burdened by debt. The good news is that buying a first home is still totally feasible, even under these strained circumstances. The bad news is that you’re […]
How a Mortgage Credit Certificate Can Help First-Time Home Buyers
People who are looking into buying their first home have got their work cut out for them. It’s not easy to save for the down payment, research mortgages with good interest rates, and figure out what closing costs are. On the upside, first-time buyers can benefit from several programs designed to provide them with financial […]
2015 Alternatives for the Federal First-Time Home Buyer Tax Credit Program
It’s not easy being a 1st time home buyer in these post-recession times; luckily, though, there are several grants, both at state and at federal level available for such buyers. There are also several state-funded tax credit programs for first time buyers. Today, we’re going to focus on the First Time Homebuyer Credit, as explained […]
What Is a Good Faith Estimate?
If this is one of your first foray into the complex and often daunting world of applying for a mortgage, you probably have a list of questions lined up, including “what is a Good Faith Estimate?” Also known as a GFE in short, a Good Faith Estimate is essentially a form that lists all the […]