Your Earnest Money Deposit Explained

The earnest money deposit is an important part of the home buying process.  One that seems to create some confusion, especially for a first time homebuyer.

When buying a home, be prepared to write a few checks up front prior to of closing.

Earnest-money-depositThe first check that is typically written is the earnest money deposit.  The deposit demonstrates to the seller … Continue reading

4 Tips to Getting Your Home Purchase Offer Accepted

You’ve decided – you’re ready to find a home, make a home purchase offer, and become a homeowner.   The homework has been done, you’ve figured out where you want to live, and have been searching for a home.  But there’s one problem – there is a shortage of homes available in your price range and it is an extremely competitive seller’s market.

A seller’s market means that there are more buyers than there are homes available for sale.  This is … Continue reading

Top 10 Shortcuts to Get Your Down Payment for a Home

If you are wanting to buy a home, you need a down payment.   The down payment is the one-time, upfront amount needed by a homebuyer which is paid at closing and represents a percentage of the purchase price. Sometimes, saving up enough dough can seem a bit overwhelming.

The good news is you might not need to sock away as much money for a down payment as you think!  Today there are a couple of home loan purchase options available … Continue reading

3 Reasons to Buy a Home in Winter

The winter can be a fantastic time to buy a home, despite the dreary look of bare trees and lawns.  Here’s why:

1. Less Competition

In winter months there are fewer buyers. One main reason you are competing with fewer buyers is because many buyers have school aged children and typically wait until the spring or summer to buy a home because they don’t want to move their children to a new school district in the middle of the school year. … Continue reading

Are You Ready to Buy Your First Home

First-time-buy-homeIf you are ready to move out of your apartment, and thinking you might be ready to buy your first home, there is no time better than now. Owning a first home is an important step to building better finances as well as give you more space for starting a family.  If you are considering purchasing your first home, … Continue reading

16 Start to Finish Steps of Home Buying

Does the home buying process have you mystified?  Here are the 16 steps, from start to finish, that you need to know about the home buying process.

  • Search – Homebuyers should seek the advice of an experienced mortgage professional, someone who will help determine which financing options best suit their needs…today and in the future.
  • Mortgage-ApplicationLoan Application – It’s crucial that homebuyers supply the lender with as much information as possible, … Continue reading
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