Posts with tag 'home financing'
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- 2020 | 12 Posts
- 2019 | 42 Posts
- 2018 | 47 Posts
- 2017 | 45 Posts
- 2016 | 47 Posts
- 2015 | 54 Posts
- 2014 | 13 Posts
27
Should You Downsize Your Home?
Should You Downsize Your Home?
It seems like yesterday you experienced the thrill of purchasing your first home, perhaps filling the space with loving pets or children. Making family memories in your home is something to cherish, but what happens when your youngest child makes the move to college? Should you downsize your home? A smaller home means less cleaning and minimal maintenance, freeing you of time and money for new activities. If you are considering moving into a smaller space, you're not alone!
How to Know When It's Time to Downsize
Choosing to live in less space often has to do with craving a simpler, low-m...
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...
13
How Does Your Credit Card Debt Affect Your Mortgage Rate?
How Does Your Credit Card Debt Affect Your Mortgage Rate?
Credit card debt is a common discussion in today's age and, when handled responsibly, can be a great way to boost your credit score when applying for a mortgage. Although a little credit card debt can do wonders, having too much can hurt your chances of obtaining a mortgage loan. Most Americans set a goal of buying a home, making it important to keep credit card debt under control. If you find yourself asking, "How does your credit card debt affect your mortgage rate?", then stay tuned to hear our expert realtors of Choice Properties explain the potential outcomes.
Having High Credit Card Balance
18
A Deeper Look at the Home Foreclosure Process
A Deeper Look at the Home Foreclosure Process
Foreclosure is a legal proceeding by which a lender can sell or repossess a home when the owner has stopped making payments. The steps which make up a foreclosure process can feel daunting. It helps to understand your personal rights through it all, along with the responsibilities as homeowner.
Stage One: Missed Payments
A homeowner must fall 90 days behind on a mortgage, in most states, before the mortgage lender can legally initiate the foreclosure process. This stage has to happen prior to the foreclosure starting and this is th...
25
Who Pays the Closing Costs?
Buyers and sellers in the housing market have many fees to consider when purchasing and selling a home. One of the costs, closing fees, can be confusing to understand who pays for the fee. Learn more about closing costs when buying or selling a property.
Buyer Costs
Closing fees can be present for both buyers and sellers. Typically, the buyer is faced with more line-item expenses than the seller (who typically pay more). Most buyers are getting loans to make the purchase of a home and many charges stem from the loan itself. A buyer should receive something called a loan estimate form early on in the sale pro...