Archives
Home Buying Tips That Never Go Out of Style
When it comes to signing a mortgage, you deserve to be picky! Shop around until you find the perfect fit. Ensure your mortgage is manageable, and that you have some extra financial cushion each month.
How To Build Equity in a Home
Building equity is one of the primary financial benefits of homeownership. You don’t notice it while it’s happening, but if all goes well, you end up with a significant asset that you can use for almost any financial need.
Everything You Need to Know About Home Equity
In the simplest terms, home equity is the difference between what you owe on your mortgage and your home’s current market value. If you owe $100,000 on your mortgage and your home is worth $400,000, then you have 75% home equity. Conversely, if you have a remaining mortgage balance of $300,000 on your $400,000 house, you have 25% home equity.
Pre-qualified vs. pre-approved: What’s the difference?
Getting pre-qualified and pre-approved for a mortgage are both important steps in the homebuying process. While pre-qualification and pre-approval may seem intimidating, they don’t have to be! This article explains both and offers some background for your reference.
Six Questions to Ask Before Selling Your Home
Whether you’re hoping to sell your current home and merge households or downsize — or move into a new property that you’ve had your sights set on, there are some things you should ask yourself. Here are insights you can use when considering selling your home. Not only will these six questions guide your first steps, but they’ll also […]
Selling? How to Establish a Price for Your Property
Here are insights you can use as you establish a fair, market-driven price for your property.
Major Loan Types Every Homebuyer Should Know
Buyers must choose between fixed-rate and adjustable-rate mortgages, and they’ll have to determine if they want a conventional or government-backed loan.