When purchasing a property, an earnest money deposit (EMD) is a common requirement that buyers should be aware of. This deposit is typically made at the beginning of the home buying process and serves as a show of good faith…
Lowering your debt to income ratio is an essential step towards achieving financial stability. Your debt to income ratio is a critical factor that lenders consider when deciding whether to approve a loan or credit application. It is the percentage…
You may think that the first step to buying a home is to make an offer. While that is an exciting milestone, there are plenty of things you need to consider and do before you are ready to sign on…
It might seem like it will be costly to purchase a home, and you might think that you will have a considerable down payment. Oftentimes, because people think that they cannot afford their down payment, they’re forced to keep renting.…
If you’re getting ready to start house shopping, you’ve probably taken a good look at your budget and wondered how much house you can afford. Maybe you’re asking yourself if you can afford a mortgage at all! There are a…
If you plan to purchase a home, you have probably started to research the best mortgage options to make the most of your money. When looking at your home purchase, you have to consider both the actual cost of the…
When buying a home, most people use a conventional mortgage. This requires the home buyer to put down some amount of money, called a down payment, on the purchase. This is represented as a percentage of the overall purchase amount.…
Homeowners with an eye to sell their home may be hearing words like walkability. But was does it mean and how does it apply to your situation? While it isn’t a big factor with all buyers or all situations, it…
If you are getting ready to buy a house in the next few years, taking time to build your credit is a great way to get the best rates and keep your costs down. Here are a few steps that…
Getting ready to buy or sell a home? You are probably working with a real estate agent or considering reaching out to one for their expertise and guidance. Here are a few questions to help you find the right fit.…
