Posts with tag 'closing on a house'
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What to Purchase After Buying Your First Home
Along with budgeting to purchase your first home, you may want to consider budgeting for items you will need to go along with your new house. Buying a home is an exciting time and can easily overtake your thoughts! However, you may not have thought about the list of items you need with a home that you did not need with an apartment. Stay tuned to learn what to purchase after buying your first home, leaving you fully prepared for tackling this journey head-on.
New Locks
The first step when moving into a...
6
Tips for Millennial Home Buyers
Tips for Millennial Home Buyers
It's no secret that millennials' homeownership rate is significantly lower than previous generations at the same age. The Urban Institute quotes, "Today's young adults are failing to build housing wealth, the largest single source of wealth, at the same rate as previous generations. While people make the choice to own or rent that suits them at a given point, maybe more young adults should take into account the long-term consequences of renting when homeownership is an option." Although it may feel overwhelming, homeownership com...
21
Why Downsizing is the Right Move
Why Downsizing is the Right Move
Moving into a smaller home may appear to be a step down, but it's actually got quite a few upsides. You save money, save time and have less clutter. In fact, downsizing could be just the fresh start you need. There are plenty of smaller houses for sale in Ohio that would fit your needs.
However, if you are thinking of downsizing, then it must be done the right way. We have some tips to ensure that your downsizing dream can become a reality.
Long Term Thinking
Planning ahead is...
11
5 Things You Should Know as Closing Day Approaches
Once a seller accepts an offer, the time comes to sign paperwork which seals the deal. What most Ohio home buyers don't realize is that a real estate process is complex with lots of nuances to the transaction. Learn some important things to keep in mind on the road to home ownership.
Expiring Mortgage
Mortgage interest rates may fluctuate daily. Rather than have the stress of the interest dial moving up and down, a bank will 'lock in' an interest rate for 45, 60 or another number of days. Once this expires, a higher rate kicks in. Some issue...