purchase
Buying a New Home? Expect Lots of Mail
Buying a new place is exciting. You get to decorate, meet the neighbors, and make that new house a home. One thing you may not expect, though? That’d be all the mail that typically comes with it. Are you moving…
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Escrow and the Role It Plays in the Home Buying Process
If you’re buying a home, you’ve probably heard your real estate agent mention the term “escrow.” However, you may be wondering, “What is escrow — and what role does it play in the home buying process?” In that case, you’re…
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Buying a Multigenerational Home? Here‘s What You Should Look for
Gen Xers account for the largest share of multigenerational home purchases, according to the National Association of REALTORS®. It’s no surprise either, with their parents getting older, many are taking on caregiving duties and shunning the help (and costs) of…
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Inventory Shortage? No Problem. Here’s How to Find a House When Listings are Scarce
A shortage of housing inventory made it difficult for many homebuyers to find a house this year. And according to many experts, next year may be much of the same. As more and more Baby Boomers age in place and…
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9 Tips and Tricks for Winning a Bidding War
If you’re buying a home in a hot market or you’re just eyeing a super in-demand property, you very well might find yourself in a bidding war, competing with dozens of other offers, buyers and, in many cases, even investors.…
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Understanding the Mortgage Underwriting Process
Underwriting can seem like the most mysterious part of the mortgage loan approval process. What are underwriters? And what do they do? A Quick Overview of Mortgage Underwriting Mortgage underwriters assess risk. Using specific, pre-determined guidelines, they look at things…
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What to Do if You Inherit a House
There’s no doubt about it: a home isn’t the easiest thing to come into. Do you sell it and cash in right away? Do you move in? Do you wait around for the market to improve and its value to…
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The Ultimate Guide to Rate Locks
When mortgage rates suddenly dipped to long-awaited lows earlier this year, rate locks became more popular than ever, giving buyers peace of mind that those low rates would be honored — even if it took weeks (or sometimes months) to…
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Why It Can Be Better to Purchase a Home Than Rent
It’s an age-old question that is once again at the forefront of many people’s minds: Is it better to rent or purchase a home? People who are considering a change in their current living situation may wrestle with the decision…
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Buying a Home in 2019? Make These 4 New Year’s Resolutions
Thinking of buying a home sometime next year? Then forget pledging to eat healthier or get more sleep this NYE. Instead, make these financially-focused New Year’s resolutions and put yourself on the path to affordable homeownership: Improve your credit score…
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