As the leaves fall and the nights grow longer, something spooky is brewing in the real estate realm—Haunted House Hunting! Financing your haunted abode requires more than just a good credit score; you’ll need to decipher the cryptic language of interest rates and loan terms, as if reading an ancient spell book. If you dare…
Categorized: Buy a Home
Ah, the crisp air and the scent of pumpkin spice wafting through the streets. There is a unique charm and coziness that fall season brings. As the leaves turn to fiery shades of red and gold and the aroma of cinnamon and apples fill the air, it might also be the perfect time to cozy…
As excited as you were to buy your first house, we bet you’re equally as excited (if not more) to buy your second. Though the process of buying a home is quite similar, there are some different things to take into consideration as you take this step into real estate investment. Here are some tips…
Between thousands of acres and endless recreational activities, it’s no wonder the Ozarks is becoming such a popular spot in the Midwest. Instead of flying across the country for a water oasis, you now can be just a few hours away. Here are some things to consider so you can get your dream Ozark vacation…
You’ve worked hard to get your credit score in good shape, build your savings, and get pre-approved. Now, you’re ready to look for a home and finally bring those dreams to life, but you’re unsure when the purchase will happen. Each season brings different factors to consider, like supply and demand, price, and weather. No…
When taking out a mortgage loan, there are several different categories that the loan falls under, depending on what you intend to do with the home understanding the mortgage process will help you navigate the purchase of your second home or investment property easier. For a home that you intend to live in as your…
If you are wanting to buy a home, and already own one, there are different rules, requirements, and restrictions that are in place for each kind of loan program. Read on to find out the ins and outs of owning multiple homes for conventional, FHA, USDA, and VA home loans. Conventional Home Loans If you…
Saving for a downpayment is often the most daunting part of the homebuying process. Having enough cash to put 20% down may seem out of reach, but don’t let that high number discourage you from becoming a homeowner. Despite what many people say, you don’t have to put 20% down to get the keys to a house.…
There’s more to comparing the costs of renting and owning a home than the dollar cost of payments. Even with numbers like these, some still say renting is better: “Investing in a home is riskier than renting.” No risk, no reward. Besides, even studies conducted by the Federal Reserve show that owning can provide a net worth…
Many factors go into the calculating value of a home. Most importantly, recently sold comparable properties must be considered. “Comps” should be similar in location, size, style, room count, condition, utility, etc. The appraisal is part art and part science, and the latter is hard to change. Sometimes, the hardest thing for owners is to…
Understanding the HOW and WHY of Escrow Accounts One of the most significant financial commitments most people will make in their lifetime is purchasing a home. When buying a home, one of the crucial components is deciding whether you are going to escrow other house expenses, such as taxes and insurance into your monthly house payment…
