Does it make more financial sense to buy or to rent? Is the American dream of home ownership still alive? That depends. Let’s explore renting vs buying a home and the effects on family wealth. Recently, the BH&J Buy vs. Rent Index seems to conclude that renting is surpassing buying as the better choice. Is […]
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If you’re planning on buying your very first home, chances are you are not taking the decision lightly, and for good reason. You should conduct as much research as possible about the process before you commit to your first home. Here are some things that every first time home buyer should know before purchasing a […]
One aspect of buying a home that people don’t pay enough attention to is homeowner’s insurance. Although lenders require everyone buying a house to get some insurance covering basic risks like theft and vandalism, fire and smoke and other common forms of unintentional damage, such insurance is usually inadequate for your long term needs. Adequate […]
When getting a mortgage, you should do your research and know how to proceed wisely. For most inexperienced buyers, this is hard. However, if you can follow these top 10 mortgage tips for borrowers, you will land the best mortgage at the lowest APR. 1. Document Above all else, when you want to borrow a […]
Top 10 Tips When Building A New Home A lot of people don’t want to buy a house that’s on the market. They want their house to truly be their own. In some of these cases, these people will probably look into building their own home. This is an option that some people may not […]
Top 10 Tips When Building A New Home A lot of people don’t want to buy a house that’s on the market. They want their house to truly be their own. In some of these cases, these people will probably look into building their own home. This is an option that some people may not […]
One of the first questions potential home buyers ask is “how much cash do I need to buy a house?” Most of the time, some cash will be needed for a down payment and closing costs. The exact amount of cash will depend on several factors, including the type of loan. Conventional loans A conventional […]
Purchasing your first home will be one of the most exciting times of your life. It will most likely be the largest investment that you ever make. It is where you will entertain friends and family, and it is where you will go to rest and relax each evening. With so much at stake, it […]
Often you will hear the term “escrow account” when applying for a mortgage. Often the criteria for whether or not an account is required is tied to the percentage of down payment made for the mortgage. What is an escrow account? Your lender will add on an amount to your monthly mortgage payment which flows […]
Often you will hear the term “escrow account” when applying for a mortgage. Often the criteria for whether or not an account is required is tied to the percentage of down payment made for the mortgage. What is an escrow account? Your lender will add on an amount to your monthly mortgage payment which flows […]
