Steps To Buy A Home

First of all, have your credit checked. Homebuyers to have their credit checked six months before buying a place to make sure their FICO score is where it needs to be. Know what you can afford. Realtors insist that prospective homebuyers “contact...

Selling Your House?

The peak homebuying season may be over, but there are still steps you can take to ensure a speedy sale. Setting the right price and making an excellent first impression are both essential to attracting buyers, but what else can you do to get the...

Don’t be Afraid of Multiple Offers

Don’t be afraid of multiple offers. You still have some control. There are a few things that can happen if you get into competition. The seller can accept your offer and you will have bought a house. Or the seller can accept someone else’s offer...

All About Prices

Ask price, also called offer price, offer, asking price, or simply ask, is the price a seller states she or he will accept for a good. The seller may qualify the stated asking price as firm or negotiable. Firm means the seller is saying he or she...
Ballon Payment Mortgages

Ballon Payment Mortgages

Balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity. The final payment is called a balloon payment because of its large size. Balloon payment mortgages are more...

A Mortgage In Your 50s

It’s not hard to find a 50-something asking the question, “Am I too old to buy a home?” The answer is, absolutely not. A couple of decades ago, the assumption was that everybody retired around age 60 or 65, but today, three out of four Americans...

Are You Ready to Rent?

Although you may feel ready to get out on your own, make sure your finances are in order before you take the leap. Take a look at some rental listings in the areas in which you are interested in living and get an idea of how much you’ll...

The Perfect Apartment

It’s so easy these days to find listings and visit apartments. But don’t let your eagerness get the better of you. Be prepared by taking a moment to determine exactly what you’re looking for in an apartment. Once you know what...