Accidents happen all the time; it’s just a natural and unpreventable part of life. Homeowners might not be able to prevent all the accidents, but they can prepare for them. Creating a home inventory list is one of the most important steps you can take to prepare. Trust us, your future self will thank you!
Adulting ain’t easy, we know. One of the more challenging adulthood milestones to reach is buying your first house. And one of the most challenging parts of buying your first house is saving up for the down payment. Inflation plus stagnant minimum wages(1) equals a generation that makes less money and has fewer opportunities to
If you’ve gone through bankruptcy and aspire to own a home, you are likely wondering if you’ll be able to get your finances back on track and fulfill your homeownership dreams. In this regard, you’re not alone. In 2020, more than 500,000 people filed for Chapter 7 and Chapter 13 bankruptcy. So, while bankruptcy can
Moving into a new home can be a big deal, even when you’re just moving to a new neighborhood or a nearby county. When the move crosses state lines, buying a home in the area can feel like exploring another planet, especially if it’s somewhere you haven’t lived before. The good news is that you’re
For many first-time home buyers, the home buying process can feel like a mysterious journey into murky, uncharted waters. REALTORS® and real estate agents can help home buyers keep their dreams of owning a home afloat. According to the 2020 Home Buyers and Sellers Generational Trends Report from the National Association of REALTORS® (NAR), 89%
Although we set out looking for the perfect house to buy, we may come to realize that ours just isn’t out there – yet. That’s why, as a home buyer, it’s so important to make sure you work out a real estate purchase agreement that lands you the best deal you can swing with the
Fizzbo. 🤡 No, it’s not the name of a party clown. It’s how you pronounce “FSBO,” the acronym of “for sale by owner.” Maybe you’ve seen a FSBO home listed online and wondered how different the buying process is from buying a home that’s listed the standard way. Or maybe you’re about to put your
There are few reasons why a rent-to-own option may be a good fit. Maybe you’re not financially ready to make a large down payment. Or maybe you aren’t ready to take out a mortgage. Rent-to-own agreements can help first-time home buyers, people getting their “financial act” together and anyone who is tired of the endless
Think of your down payment as the cover charge that gets you into the homeowners club. 🔥 A lot of home buyers might need to get creative to pull together the cash they need for this upfront cost, but once they’re over that hump and into their new home, they know it was worth it.
Wouldn’t it be awesome if we could give you a yes or no answer? Oh, if only things could be that easy. Deciding you’re ready to buy a house might seem like a major step. And that would be correct because – spoiler alert – it is. But it doesn’t have to be “meeting your
Wondering how to buy your first home? You’re not alone. For the past 20 years, 1 million to 2 million Americans became first-time home buyers every year. In 2020, that number spiked to 2.38 million. Even as homeownership is rising, it can still feel like a mysterious process for a newbie. We’ll help you understand
Buying your first house can be like buying a new motorcycle. Yeah, it costs a significant amount, but you’re pretty sure the payments will be just within your budget, so you get a loan. Before you know it, you’re paying for motorcycle lessons, insurance, a carbon fiber helmet, a synthetic leather motorcycle jacket, constant repairs
Getting your first home loan can feel like climbing a hill riddled with obstacles. From saving for large down payments and closing costs to deciphering acronyms on loan paperwork, sometimes it can feel like there’s no support for first-time home buyers. But, luckily, that’s where you’re wrong. There is help for you, and being a
Are you asking yourself, “How much house can I afford?” The answer will depend on your current debt-to-income ratio (DTI), down payment and other factors. Choosing a home is only one part of the homeownership journey. You also need to be sure that you can afford the monthly mortgage when it comes knocking on your
We’re often told that one of the biggest reasons to become a homeowner is to pay yourself and not give away our hard-earned money to a landlord. Now that you’re a homeowner, you may be wondering how to access all that money you’ve kept from a landlord – without selling your home. The answer: Tap