If you’re a first-time home buyer, the home buying process can be a little nerve-racking. We’ve come up with a few tips to help you navigate the whole process and save you money: Start saving early for a down payment: Although it’s common practice to put 20% down, many lenders now permit much less. In fact, there are programs out …
Do you understand how the credit scoring system works? A recent survey shows that people who get their credit score know much more about how the system works than do those who do not. According to a survey released in June by the Consumer Federation of America (CFA) and VantageScore Solutions, the percentage of consumers who have obtained at least …
Buying a home is a major financial commitment. It’s exciting, but can also be confusing and overwhelming. Choosing the best mortgage that fits your needs is an important first step and first-time home buyers in particular should research the many options and know the right questions to ask. Here are some questions to ask a lender that will help you …
Daydreaming of spring is something everyone does during the coldest days of winter — even pests. The promise of warmer weather on the horizon is also a boon for the numerous species of pests that inhabit your area, and when the temperature perks up, many of those pests come out of hiding and start looking towards your new Long Lake …
We are always thrilled to hear when folks make the jump to home ownership. And it’s important for prospective homeowners to know about all the resources available to them to help the experience go as smoothly as possible, especially when it comes to financing. Earlier this year, the U.S. Consumer Finance Protection Bureau (consumerfinance.gov) released a report with some revealing …
Check out these first time home buyer statistics. Maybe you are included in one of them.
Real estate investment is indeed a critical decision to make and you must make sure that you know the right tactics to make it worthwhile. A few real estate professionals surveyed a few properties recently and shared certain tips that can help first-time home buyers make more informed decisions. For first time buyers, home hunting comes with high levels of …
