Our Latest Blogs
Home Search Wants and Needs Checklist
Are you ready to begin searching to buy a new home? Planning can help save you time, money, and some stress when you are buying a home. It is a great idea to sit down and make a few decisions about the things that are most important to you in your new home. Let’s take a look at some of the big questions you should consider when choosing a home to buy: Location There are number of questions you can
Appraisal vs Inspection : Guide for Home Buyers
Appraisal vs. Inspection: Guide for Home Buyers As a potential home buyer you may have questions about getting an appraisal or inspection of the home you are interested in buying. These two services provide you with important information about the property in question, but in different ways. Let’s take a look at the facts and details in an appraisal vs inspection. Appraisal vs Inspection: comparing the facts Appraisal: An assessment of the VALUE of the home Required to obtain a
Tips for Moving to Texas from Another State
If you are one of the many people moving to Texas from another state or to another city within the state, it may be helpful to know a few tips. Texas has held the #1 position in population growth for states in the U.S. since 2017. Most of this population growth is attributed to the increase in new jobs. Companies moving their corporate headquarters to Dallas/Ft. Worth, Houston, and Austin areas have attracted many new people to the state of
What credit score is needed for a mortgage?
What credit score is needed for a mortgage? Buying a home is one of the largest investments that most Americans will make in their lifetime. In order to qualify for a mortgage your credit score must reflect that you use credit responsibly. With a large financial risk at stake, conventional mortgage investors want to see a solid credit history in your credit report. Use this information to help you set a credit score goal and reach your target: Credit Score
Using Home Equity to Finance Home Improvements
If you are thinking that your home could use some tender loving care by updating or renovating your living space, consider utilizing your home equity. Many homeowners use their home equity to increase the value of their property with home improvements. Adding a pool to the backyard, renovating the kitchen or bathrooms, updating the flooring, or refreshing the curb appeal are all great ways to add value to your home. What is Home Equity? Equity is the difference between the
buyer’s market vs seller’s market
The difference between a buyer’s market and a seller’s market is the advantage of negotiating power to one party in the transaction or the other. The primary evaluation of the buyer’s or seller’s market is based on the basic principal of supply and demand. There can also be divides in the market based on other factors like the location, price point, or time that tips the scales to the advantage of either the buyer or seller. Below are more details
Competing in a Seller’s Market: Homebuyer Guide
Competing in a Seller’s Market The housing market is HOT! Home’s are receiving multiple offers after being listed on the market for just a few hours. Many potential home buyers are frustrated with the competition and all of the challenges that a seller’s market brings. If you are looking to buy a home in a competitive market, you should be well prepared. Use these tips to help you navigate the home buyer competition: 1. Recognize the Market Trend It is,
Escrow Account Basics
If you are looking for your first mortgage loan as a first time home buyer, you may have some questions about escrow accounts. The questions and answers in this article provide some great insight to the function and purpose of an escrow account. These basic questions will help you better understand the structure of an escrow account within your mortgage loan: What is an escrow account? An escrow account is a holding account within your mortgage that sets aside money
