October 5, 2010
- Five Mistakes Home Buyers Make
First-time buyers, without the burden of a home to sell, could benefit from the current "buyer's market" and record low mortgage rates. But woe to the overconfident buyer. Here are five common mistakes first-time home buyers tend to make.
1. Snubbing the Real Estate Agent
With so many websites offering a mass of data on listings, some [...]
September 26, 2010
- Buying a Home With No Credit Score
All the talk these days is about how credit scores affect your ability to get a loan, mortgage, or any type of financing. But is it really possible to buy a home if you have NO Credit Score?
It is possible if you'll follow these four steps:
1. Find three or four bills that you pay at [...]
September 19, 2010
- First Time Home Buyer Tips
First time homebuyers often experience blunders when looking for their first home to purchase. To avoid such a horrible experience, which could lead to a loss of time, effort and even worse — your money; here are a few common mistakes and how to avoid them.
Lack of Research
When buying your home, go back to the [...]
September 15, 2010
- Buying a House: 3 Things to Avoid
Buying a house is an important decision which is why you need to be very careful when you decide to invest in real estate. A wrong decision can affect your life for years. As you search homes for sale, you need to do everything you can to make sure you are making a good investment. [...]
September 12, 2010
- Pointers When Buying a Home
Buying a home is an expensive proposition, regardless of your financial situation, so we want to give you a few pointers to keep in mind when buying your next home.
Your first step is to save for the down payment. The more money you are able to put down, the greater your chances of being able [...]
August 30, 2010
- Do’s And Don’ts When Buying A New Home
Before you start shopping for a new home, it is important to be aware of the essential tasks that must be taken in order to make sure you get the home of your dreams at a price you can afford. To make buying a home easier, below is a list of the do’s and don’ts [...]
August 22, 2010
- Should You Rent or Buy a Home?
Home ownership is a big step, and many people worry whether they're ready to take it on. If you currently rent your house, you may wonder if you can even afford to buy a home. Just looking at real estate listings online or in the Sunday paper can make you break out in a cold [...]
August 9, 2010
- Things to Consider When Buying a House
Things to Consider When Buying a House
Buying real estate is a very challenging task because you need to ensure you are not going to be wasting your money. This is why you need to strictly follow some steps on researching before buying a property.
First, you have to find an experienced and trustworthy real estate agent [...]
July 13, 2010
- Closing on a Home? Don't Do These Things
Closing on a Home? Don't Do These Things
It's a great time to buy a home. With the real estate crash, prices are way down and mortgage rates have never been lower. But if you are not careful, a new rule recently enacted by Fannie Mae could end your homeownership dreams.
Effective June 1, Fannie Mae implemented [...]
May 31, 2010
- Home Buying Mistakes to Avoid
Home Buying Mistakes to Avoid
If you are in the market to buy a home, getting pre-approved for a mortgage is one of the first steps to buying a home. However, a pre-approval doesn’t guarantee that you will ultimately get the financing if you have any change in your circumstances between the pre-approval application date and [...]
April 27, 2010
- Lay Your Financial Base Before Buying a Home
Lay Your Financial Base Before Buying a Home
Buying a home is a major investment and you must be well-prepared, as many Americans have learned the hard way. This means laying the proper foundation, then buying a house you can comfortably afford.
You lay the foundation by creating a solid risk management program. It should include an [...]
April 19, 2010
- New House or Old House: Which is the Better Buy?
New House or Old House: Which is the Better Buy?
If you're looking for a home right now, trying to beat the April 30th tax credit deadline for home purchases, chances are you're considering a number of factors you want in your new home. Most of these concernes can be categorized into two groups - an [...]
April 11, 2010
- How to Buy a Home With Bad Credit
How to Buy a Home With Bad Credit
More people than not have bad credit these days. But that doesn't mean you can't buy a home. If you fall into the "bad credit" category, you do have options.
It’s vital that you actually look around to see what sort of credit loan options you can find. There [...]
March 4, 2010
- Why Rent When Home Prices Are So Low?
Why Rent When Home Prices Are So Low?
Mortgage rates are at record lows. Home prices are at record lows, and the federal government is offering tax credits for purchasing a home.
Why then should anyone rent?
Home prices and mortgage rates have dropped so much that the cost to own and maintain a house is only a [...]
February 20, 2010
- Buying Houses in Foreclosure
Buying Houses in Foreclosure
Buying a house in foreclosure can be the deal of a lifetime or a risky proposition. Potential home buyers are attracted by homes advertised as foreclosures available at rock-bottom prices. These 'would-be-homebuyers' hope to win the lowest bid and purchase a home, sometimes having never seen or inspected the home. This is [...]
February 17, 2010
- First Time Home Buyer Program Can Save You Money
First Time Home Buyer Program Can Save You Money
If you're renting a home, you probably can’t wait for the time when you can get a place that belongs to you. Now, thanks to first time home buyer programs, it is easier to buy your first home than you may think.
First time home buyer programs were [...]
December 28, 2009
- Is Now the Time to Buy a New Home?
Is Now the Time to Buy a New Home?
We've asked this question before. But now, with the stimulus package being offered by the federal government for first time home buyers, home sales have been increasing on a regular basis. This, coupled with some of the lowest home prices in decades, and the competitive mortgage rates hovering around [...]
December 5, 2009
- Tips for Buying a Foreclosure
Tips for Buying a Foreclosure
Foreclosures are dominating the housing market. Right now, there are 1.5 million such homes for sale, and more are expected to be available soon. That provides both opportunities and pitfalls for bargain hunters. Here are a few tips for making sure you don't get taken when buying a foreclosure.
1 - Don't [...]
November 13, 2009
- 10 Mistakes First-Time Home Buyers Make
10 Mistakes First-Time Home Buyers Make
Smart Money lists ten mistakes first-time home buyers make as follows:
1. Not knowing how much house you can afford. 2. Assuming foreclosures are great deals. 3. Letting your true feelings show. 4. Failing to find a good buyer's agent. 5. Underestimating the costs of owning a home. 6. Failing [...]
October 27, 2009
- Buying A Home vs Renting
Buying A Home vs Renting
If you're renting a home (as opposed to owning) is it cheaper, or more expensive? After all, if you're renting, you don't have repair costs, homeowner's insurance, mortgage payments, interest, and possibly private mortgage insurance.
Buying a home can also be a lot of work, keeping in mind the costs of mowing [...]
