Posts Tagged ‘Buying House’

One of the biggest questions people have when moving to a new city is whether they should rent or buy their new place. While you may get tired of dealing with a landlord and feel like you’re “throwing your money away” on rent, renting can actually be the smarter financial choice in many cities around […] read more

Deciding to buy a home is one of the most exciting moments of your adult life. Whether you’ve been a renter for a decade or just choosing to jump into home ownership at a young age, it’s an absolute rush to tour houses, work with a real estate agent, and find yourself a permanent place […] read more

Purchasing a short sale is a win-win situation for the seller and buyer in most cases. The bank or mortgage holder agrees to accept an offer on property, below the balance due on the loan. The lender, often a bank, has no interest in becoming a landlord or homeowner and agrees to forgive the difference […] read more

Finding a mortgage loan can be the most stressful part of buying a new home. Your budget, available interest rates, lender reliability and being approved are all equally important in the search for the best loan for your budget. Fortunately, with a little research, understanding what you need and how to find a loan to […] read more

Purchasing a foreclosure is on the rise during the current economic recession. More and more bargains are available to first time homeowners and veterans alike, as individuals across the United States are finding it a financial hardship to keep up with mortgage and property tax payments. If you’re looking to buy one these properties, you […] read more

Transitioning from being a renter to a home owner is much like going from working for someone else to being your own boss. You don’t have a landlord to call anymore. You’re responsible for when the water pipes break, or if you have to go your neighbor to resolve a conflict. This can be a […] read more

So, you’re taking the plunge from renter to buyer? First time home buyers have many great offers out there for them to take advantage of. It is, however, important to point out what a first time home buyer is. As defined by the United States Department of Housing and Urban Development, more commonly known as […] read more

If you are thinking of buying a home, it is important to know all of the costs involved because it isn’t simply the price of the home itself. This is the most obvious cost. When you are buying a home, the largest portion of the cost is the sales price of the home, which will […] read more

There are clear differences when weighing the options of renting versus owning. Whichever decision you make will provide clear advantages, though you may achieve a different set of goals. It is important to consider not only the obvious differences, but as you set out to make the right choice, also look at the entire picture along with […] read more