You’re ready to move out of your parents’ house or your rented apartment. It’s time for a new chapter in your life. But you probably have many questions about buying a first home. Where should you begin? Check your credit Virtually every new home buyer is going to need to secure financing of some sort, …
The USDA Rural Development Loan Program is designed to make rural housing more affordable. USDA loan program eligibility depends upon applicant income and the purchase property location. With USDA Rural Development loans, you can finance a home with no down payment. USDA Program Eligibilty Extended The U.S. Department of Agriculture has extended the USDA Rural …
Buying a house is a big deal! Here are a few tips you may find useful as you embark on your home buying adventure! Check your credit. Most people need a mortgage to buy a house. Since the terms of your mortgage loan will be dependent on your credit history, make sure you know what …
Most Americans either already own their homes or plan on buying one in the next 10 years, a Gallup Poll said last week. The American dream of home ownership is still very strong. Home Ownership Still the Dream 56% of American own a home and plan to continue to own their home for a foreseeable …
Happy Tax Day! Hopefully, you have sorted all of your 2012 tax matters. If you are expecting a refund – what will you do with it? We’ve put together a few tips on how you might like to spend your tax refund.. Make a Plan – It’s amazing how quickly an extra thousand or two …
Will you be dropping by a few open houses this weekend? Take a pre-approval letter with you! Pre-approvals provide house hunters with a number of benefits: Your Realtor knows you’re serious when you present a pre-approval letter. Sellers prefer to negotiate with prospective buyers with pre-approvals over simple pre-qualification letters – often times sellers won’t …
Are you having a hard time finding a property in your price range? Have you considered a fixer-upper? Finance House and Repairs If you find a house with potential on the lower end of your budget, an FHA 203K rehabilitation loan allows you to finance repairs and the house purchase in one loan. A bedroom …
Home prices experienced their biggest year-over-year increase in February in nearly seven years. According to the CoreLogic, February Home Price Index report, home prices nationwide, including distressed sales, increased by 10.2 percent on a year-over-year basis from a year ago. This home prices jump is the biggest year-over-year increase since March 2006. This is the …
It’s spring and the beginning of the traditional home buying season! Are you considering a new home purchase? Are you ready to become a home owner for the first time? Buying a home is a big decision. Many things should factor into your decision, but if you are close to buying and just need a …
One Month Before Moving Obtain an IRS Change of Address form, call 1-800-829-1040. Gather moving supplies, boxes, tape, rope. If moving far away, make any necessary travel arrangements like airline, hotel, and rental car reservations, or plan your travel route if driving. Call a moving company or make truck rental reservations to move yourself. Finalize …
