How To Buy A Home For The Family You Don’t Have Yet

Whether it’s your first time buying a home or you’re looking to trade up, you’ve almost certainly got a long (and probably quixotic) wish list of the features you want. You’ve heard the advice that you should plan now for the life you’ll be leading in a few years, right? So maybe it’s time to think about choosing a


6 Things A Home Inspector Might Not Catch

Before buying into a monthly mortgage payment, 77% of home buyers hire an inspector to go through their new digs with a fine-toothed comb. This is a very good idea. That extra set of eyes gives buyers peace of mind that a new house won’t have a leaky roof or cracked foundation. Or something even worse.

To Be Built

New York Times: Homeownership Is the Best Way To Build Wealth

The housing market has made a strong recovery, not only in sales and prices, but also in the confidence of consumers and experts as an investment. In a New York Times editorial entitled, “Homeownership and Wealth Creation” they explain:   “Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline


Don’t Get Caught In The Renter’s Trap

There are many benefits to homeownership. One of top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage. The National Association of Realtors (NAR) released their findings of a study in which they studied “income growth, housing costs and changes in the


Now Is The Best Time To Spruce Up Your Patio!

So you went all summer without prettying up your patio or making over your yard. And now the kids are going back to school, so playtime is over for a while. Well, there’s always next year. Actually, you don’t have to wait. Now is the perfect time to get busy out there. With school back


5 Simple Steps To Save More Money For Your Down Payment!

It’s always important to save money. We need to save for long-term goals and put money away today if we want to create secure futures tomorrow. But saving becomes even more important when you’re considering a purchase that creates a big impact on your financial life — and there’s no getting around the fact that


The Real Reasons American’s Buy A Home

We often talk about the financial reasons why buying a home makes sense. But often, the emotional reasons are the more powerful, or compelling reasons. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own


What Makes A Home A Good Buy?

  There’s no perfect home, but some homes are more ideal for your household than others. When you look for your next home, carefully consider these four criteria –price, features, location and condition. The closer you get to meeting all four criteria, the better your chances are of making a good buy.   Price In


Mortgage Lending is NOT Out of Control!

This year, both Freddie Mac & Fannie Mae have introduced new programs that only require a 3% down payment on a mortgage in order to purchase a home. Earlier this month, the Mortgage Bankers’ Association reported that adjustable-rate mortgages (ARMs) may be making a slow comeback as the share of ARMs increased to 7.4 percent


Why now is a good time to purchase your dream home.

Now that the housing market has stabilized, more and more homeowners are considering moving up to their dream home. With interest rates still near 4% and home values on the rise, now may be a great time to make a move. Sellers should realize that waiting while mortgage rates are increasing probably doesn’t make sense.