Posts with tag 'starter home'
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Finding A Quality Home To Buy
When you're in the real estate market, you may have an idea of the type of property that you're looking for in a specific area. Although most people want plenty of square footage or a stunning bathroom, there are particular home features that are often considered to be must-haves. Here are a few essential home features to look for when shopping around:
Laundry Room
Many people want to own a home that features a laundry room due to the convenience that it offers. Laundry rooms are increasing in...
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Tips For First Time Homebuyers
Ready to purchase your first home? Though the process may seem overwhelming, knowing where to start is half the battle. Follow these five tips to help ease your stress and prepare for a smooth home buying experience.
Clean Up Your Credit Score
Having good credit is one of the most important factors when qualifying for a loan. Depending on where your score stands, it may take six months to a year to improve your credit. Although scoring requirements vary from lender to lender and there is no magic number that qualifies you to purchase a home, a low score could mean higher interest rates and fewer mortgage options. Check your credit early and make a financial plan to increase your number. A mortgage professional can pull your credit for you and create a plan to improve your score.
Evaluate Your Monthly Cash Flow
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Finding The Perfect Starter Home
Finding the perfect starter home is a journey as well as a destination. You've got to know what you want, then adjust expectations to meet the reality of the market. In the end, you don't have to settle on your "forever home"—just a place you'll call home for at least five to seven years.
But that's a long time in homeowner years, especially if you wake up each day in a place you wind up hating.
So how do you know what's going to stand the test of (a decent amount of) time? You've never done this before. You're taking a leap of faith that you have the money, skills, and tem...
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