In order to save up a huge amount of cash for the down payment on your first mortgage, you need a solid savings plan!
When you take out a mortgage on your new home as a first time homebuyer, the more you can pay as a down payment the better.
5 Great Questions To Ask At An Open House
An open house gives you a great opportunity to look more closely at real estate you might be interested in buying. It also affords you the chance to chat with the owner or real estate agent so you can bring up any issues or hesitations you have with the home.
Beware Of Zombie Titles
With the economic downturn, anyone dealing in real estate quickly became familiar with previously little-known terms such as foreclosure and short sale. Now that the housing market is picking back up and people are moving on, a new term is coming to light â zombie titles.
City Lights Or Starlit Nights, What Home Location Is Best?
If you are looking to buy a home, you might be wondering whether you should be looking for properties that are right in the center of the city or property in a rural area a short drive away.
The rural or urban decision will ultimately be up to you, as there are advantages and disadvantages to either option. The main difference will lie in your priorities â what type of lifestyle is most important to you?
Nail The Final Walkthrough Before Closing
By the time you get to the final walkthrough on your property, the home buying process is almost complete. However, it is still important to pay close attention to this final step, as it will be crucial in the success of your home purchase.
The final walk-through is your last opportunity to ensure that everything in the home is in working order and that there are no potential problems waiting for you when you take over ownership of the property.
