Tag: Homebuyer

Posted on 03/08/2024

The Best First-Time Homebuyer Options for Veteran Loan Programs

The U.S. Department of Veteran Affairs offers financing options for first-time homebuyers who've served in the military. Knowing the different kinds of VA loans available will help you determine the best option for your home buying plans. It can also help you prepare for the application process and find your eligibility. Here are the basic types of VA...

First Time Homebuyer

Homebuyer

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Posted on 03/24/2023

Here's what you should know about trading houses in real estate

House trading is a type of real estate transaction both...

Homebuyer

Home Seller

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Posted on 07/29/2022

Getting preapproved for a mortgage: The basics

Getting preapproved for a mortgage is an essential part of the home-buying process. While it’s possible to wait before securing your financing, there are major benefits to getting preapproval early. For more information about preapproval, here are the basics to consider: When to get preapproval It’s recommended that would-be homebuyers obtain a preapproval letter from a mortgage lender...

Buying

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Posted on 05/13/2022

Here's what to have on the day of closing

The day of closing is the goal at the end of a long and complex homebuying journey. Like every step of the process, closing on a new home has multiple smaller steps and variables to prepare for. Luckily, there are some simple ways to get ready for the closing process. Here are the most important things you should...

Agent

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Posted on 05/06/2022

New construction home-buying process: The basics

The new construction home-buying process differs from the buying process for an existing home. While many of the steps are similar, new construction homes come with more specific requirements. Here is a basic step-by-step guide to the buying process for a new construction home: Create a budget With new construction homes, you have to account for your ongoing...

Construction

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Posted on 03/18/2022

3 Reasons to Consider Assuming a VA Loan

Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...

Assuming Loans

Homebuyer

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Posted on 03/04/2022

First Home: What to Expect During Your First Home Inspection

Are you buying your first home? If so, don't skip out on your opportunity to have a home inspection done before you close. By having a better understanding of what home inspections are and what they entail, you can protect yourself as a first-time homebuyer. What Does a Home Inspection Entail? A home inspection involves hiring a professional...

First

First Time

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Posted on 12/03/2021

House Flipping: 5 Things to Remember Before You Start

Photo by Stux via Pixabay Although popular reality television shows make house flipping seem like a relatively low-risk endeavor, nothing could be further from the truth. It would be more accurate to call the business of house flipping “high risk, high reward.” The risk factors involve losing substantial sums of money when a fix-and-flip runs over budget or...

Homebuyer

House Flipping

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Posted on 11/26/2021

Your Quick Guide to New Construction Homes

Photo by Tima Miroshnichenko from Pexels As you're shopping for a home, you may be drawn to new construction homes. The idea of moving into a completely new place ready for you to make your own definitely has its appeal. But you may have some questions about going this route since it can be different from buying an...

Homebuyer

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