If you’ve set a goal to purchase a home before the end of 2018 and are discouraged as the holidays approach, don’t quit yet! Although the summer months are the hottest for home buying, holding out for your dream home as the leaves fall and snowflakes fly have some great advantages.
First Time Home buyer
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.
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.
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 [...]
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 [...]
When you begin the home buying process you are immediately thrown acronyms and new terms from professionals at every turn. Here’s a list of 10 most frequently used terms to get you started with the [...]
Your dream of owning a home can become a reality if you set realistic goals, get sound advice, plan carefully and clearly understand the costs of home ownership. Let’s face it, it’s not like we took Home buying 101 in school and navigating through, or even starting the process, can be overwhelming. The good news is that there are a multitude [...]
As a new Agent I thought at first it seemed kind of offensive to immediately ask “Are you pre-approved for a mortgage?” or “Are you going to be an all cash buyer?” especially to someone who is looking at/for property you just met for the first time! First meetings are to be opportunity to gather as much information from your prospect, to [...]
Buying your first home can be emotionally and financially challenging. With rising home prices, limited inventory, down-payment requirements and upfront closing costs, it’s enough to overwhelm someone right out of the process. In New Hampshire some local banks recognize how difficult entering the housing market can be and able to offer some [...]
According to the IRS, in Fiscal Year 2016, the average individual income tax refund was about $3,050. Suggestions of what to do with this chunk of change are endless but certainly, amongst those ideas, must be homeownership. After all, purchasing a home is a great investment. Unfortunately the big picture of the situation isn’t whether you [...]
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