Grants for First-time and Low-income Homebuyers
Wouldn’t it be nice to receive some free money so you can buy a home? Federal, state, and local governments, plus housing foundations and charitable organizations are all great resources…
Making Multigenerational Households Happy
Between 20%-26% of the nation live in multigenerational homes with two or more adult generations or grandparents and grandchildren younger than 25. According to Homes.com, there are numerous benefits—multigen households save…
Why Loan Estimates and Closing Disclosures May Not Match
When you apply for a mortgage loan, your lender has three business days to provide you with your loan estimate—a detailed summary of the loan terms, fees associated with taking out…
Is Now the Time to Buy a Home?
As the spring homebuying season kicks off, you may be ready to buy a home of your own, but continuing inflation, high home prices and high interest rates may be…
Who Pays the Closing Costs?
Closing costs are fees paid to third parties to finalize a home purchase, explains Fool.com, by both the buyer and the seller. Costs can vary widely depending on state requirements, the…
Advice for First-time Homebuyers
First-time homebuyers are discouraged by high home prices, higher interest rates and continuing inflation. According to the National Association of REALTORS, by mid-2022, first-timers made up only 26% of all homebuyers,…
Risky Loans Tempt Homebuyers
As mortgage interest rates rise, homebuyers like you may be wishing for easier, cheaper loans to obtain, but any loan that isn’t conventional or government-guaranteed could put you at greater…
Don’t Trust Credit Reporting Agencies
When you apply for a mortgage loan, or any credit, the lender relies on information that is supplied by lenders, landlords, government agencies, courts, and credit card companies to three…
Investment Real Estate Percentage Rules
Have you ever wondered what the formula is to make money in real estate? Guidelines or rules can help you gauge profitability and improve your results before you invest in…
House Flipping 101
Home improvement television makes flipping homes look so easy anyone can do it. But the reality is much different. You can make a lot of money or lose money to…