8 Things to Look for in a Family-Friendly Neighborhood

Finding the perfect home can be a challenge. Not only do you have to worry about finding a home that looks good, is within your price range, doesn’t have too many problems and that is suitable for your needs, but you also have to pay attention to the neighborhood that it’s in too. The location of a home is important for any home buyer, but it can be particularly important if you have kids. [Read More]

Amortization Schedule Explained

Amortization schedule, typically used to describe the payment schedule of a mortgage home loan through a schedule of systematic payments that are equal in value. The monthly payments are continued until the mortgage is repaid in full. This is particularly helpful in understanding how the PI (Principal & Interest) in the PITI (Principal, Interest, Taxes & Insurance) breaks down month to month and starts to change with more going towards the principal at the later stages of the loan. [Read More]

FHA mortgage tips for first time home buyers

If you are a first time home buyer you may be thinking about an FHA mortgage for the purchase of your first home. These mortgages are guaranteed by the U.S. Federal Housing Administration and are designed with low-to-moderate income home buyers in mind. FHA mortgages feature less stringent income requirements for buyers. For instance, buyers only have to produce a 3.5% down payment and can have a less-than-perfect credit score. If you're planning to purchase a home with an FHA mortgage, here are some important tips to keep in mind. [Read More]

8 Tips for Selling a Home

People who are selling their homes face a dilemma of whether or not to improve their houses before listing or listing them as-is. If you have resided in your house for many years without doing many remodels, you may find that the home you have is outdated. Cabinet styles have changed. Floor styles are different. Maybe the wallpaper you have dates the house to a particular decade. However, it can be a daunting task financially to do a complete overhaul of the property. [Read More]

3 Reasons a First Time Home Buyer Should Consider a Fixer-Upper

When you’re shopping for a home, there are basically two types you’ll find: Those that are in move-in condition, and those that will need some work. Those that need work are sometimes known as “fixer-uppers.” There are pros and cons regarding the decision to buy a fixer-upper vs. a home that’s “move-in ready,” and the decision is a personal one. Here are the three main reasons to consider that fixer-upper if you’re faced with that decision. [Read More]

10 Practical Tips for Better House-Hunting Success

House-hunting is often a lengthy process, and it always has a major decision at the end of it. With such a large amount of money and emotion tied up in buying a home, it’s vital to get it right. Here are ten practical tips to help increase your chances of success. 1) Use Apps to Make the Initial Searching Easier Finding the perfect house used to mean driving aimlessly through desirable neighborhoods and poring through thick books at the real estate agent’s office. [Read More]