First Time Home buyer

Homebuyer Education - Don't Skip It!

You learn an awful lot in high school and even more if you go on to college or a trade school; all this knowledge is important and will help you get a job and begin life as an adult. But, during all those years of education did anyone ever teach you how to create a household budget, manage your money and establish credit? Some folks are lucky enough to have parents that taught them these skills, but most people simply learn as they go – and make mistakes. Now imagine the time has come to purchase your first home – who taught you how that process works or even where to begin?  Jumping into the process by looking at homes first is usually the first move, but a wrong one.

Buying A Home With Less Than Perfect Credit

You’ve finally made the decision that this is going to be the last summer you’ll be a renter. You’ve started to stash away some funds so you can buy your own home at last; but wait, do you know what your credit rating is? Knowing exactly where you stand as far as creditworthiness is an essential step. If you haven’t done so already, you should sign up for a free service like Credit Karma to view and monitor your credit.  Often times consumers find there are things on their credit report that come as a complete surprise to them. Sometimes those things are legitimate like the credit card you got in college and never paid for or a medical bill that’s been turned over for collection, but sometimes, negative information can be an error that will continue to hurt you until it’s addressed.

Protect Your Investment with a Home Inspection

You finally find a home that’s right for you and have a signed Purchase and Sales agreement, now what?  Hopefully before you signed the contract you made sure to include an inspection clause that makes your transaction contingent on the findings of a professional home inspection. This clause should include the terms and conditions to which both the buyer and seller are obligated.

Home Buying Myth Busters

Most everyone has a parent, aunt, uncle, cousin, co-worker or friend who owns their home and is full of advice that you should follow. Listen to them and you’ll derail your dreams by believing a lot of myths. Truth be told, there’s a lot of misinformation out there about buying a home and you also must consider that Uncle Joe bought his [...]

Choosing a Mortgage Lender

 

It’s a seller’s market and the best way to arm yourself with some excellent negotiating tools is to become pre-approved before you start working with a Realtor. But before you begin researching lenders, get your credit report! You can do this free through [...]