Posts with tag 'cost of buying a home'
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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...
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Benefits of Attending an Open House
Benefits of Attending an Open House
With spring around the corner the housing market is about to be booming. Warmer weather brings the peak season of buying and selling a home. Browsing online listings is a great start and allows you to get an idea of what you're seeking in a home. However, browsing online only goes so far! Taking time to walk through houses and view details in person will help make your final decision easier. At Choice Properties, we update our open...
23
Ways You Can Save Money to Buy a Home
Ways You Can Save Money to Buy a Home
Perhaps you are seeking more space or simply ready to start the next chapter in life. Either way, buying a home is a goal shared by many! Learning different ways you can save money to buy a home will get you on the right track, preparing you for exciting adventures ahead. From creating a budget to managing credit, you'll be glad you took these steps to homeownership.
Cut Back on Small Luxuries
Unfortunately, with saving money requires you to determine what you need to cut back on spending. Consider skipping the morning drive-thru coffee, you would be surprised by how much money yo...
13
Step-by-Step Guide to Getting a Mortgage Loan
Step-by-Step Guide to Getting a Mortgage Loan
The vast majority of home buyers will need a mortgage loan to achieve their dream of homeownership. For new homeowners, this process may feel overwhelming leaving you insure where to start. The experts at Choice Properties have shared the step-by-step guide to getting a mortgage loan, preparing you for what lies ahead.
Shop for a Mortgage
Just like shopping for homes, you should also shop for a mortgage loan rather than settling! All lenders offer different options, so it's important to research those with various interest rates, closing costs, and more. Completing this step will...
17
Read This Before Buying a Fixer Upper
Read This Before Buying a Fixer Upper
Whether you're a first time home buyer or experienced with the home buying process, purchasing a house is an exciting time! Taking time to discuss your desires in a home with a trusted realtor will help make your dreams come true. For some, this may be newly built home with extra storage on a limited budget. Others may prefer to purchase a "fixer upper", which requires an open mind and deep conversations. The agents at Choice Properties suggest you read this before buying a fixer upper, preparing you with questions to ask along the way.
Questions to Ask Your Agent
What is the value in this neighborho...