Tag: Home Buying

Posted on 08/20/2023

New construction home-buying process: The basics

The new construction home-buying process differs from the...

Construction

Homebuyer

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Posted on 11/13/2022

Factors to Consider Before You Buy a Condo

The process of finding the perfect condo is similar to finding any other type of home--with a few exceptions. Here are some of the key factors to consider when purchasing a condo: Your Budget How much can you afford to spend on a condo? Make sure you evaluate your budget to get a sense of whether you can...

Condo Living

Condominium

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Posted on 05/22/2022

Home Inspection Contingency 101

In real estate, a contingency is any clause in the purchase offer that gives the buyer a way to back out if certain requirements aren’t met. There are many types of contingencies used in home sales all covering different circumstances to protect the buyer’s best interest. The most common type of contingency is a home inspection contingency, which...

Contingency

Home Buying

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Posted on 01/16/2022

Key Financial Factors for Potential Homeowners

Whether you’re planning on buying investment property or a new home, there are financial factors to consider. Knowing the details of your financial situation will help you make the best decision and help avoid unnecessary stress. If you’re trying to decide between renting and buying, here are some of the main financial things to go over: Savings Most...

Credit Score

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Posted on 12/05/2021

Here's Why You Should Consider a Bigger Down Payment When Buying a Home

Many financial experts suggest paying a 20% down payment when buying a home. While for some prospective homebuyers this may be a simple task, others might wonder if the suggested 20% of the home purchase price—or higher—are necessary. Here are some reasons it benefits you to make a larger down payment when buying a house: Score Better Mortgage...

Down Payment

Financing

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Posted on 07/25/2021

Here's What Sellers Need to Know About Closing Costs

In a home purchase, both the buyer and seller need to pay closing costs. These costs are made up of several individual expenses from different sources and the list can look staggering at first glance. While the buyer typically has the longest list of fees to pay, sellers are still responsible for part of the bill. Here we’ll...

Closing Costs

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