The housing market has seen some changes over the last few years, leaving many families to wonder if now is the right time to buy a home. Here in North Texas, buying a home is a goal for many, but understanding the right moves to take can be difficult. When you start to plan for… Read more »
What stands between you and becoming a homeowner? For those who want to buy a residence but do not have a property to sell, the idea of making a down payment can be intimidating. These payments vary in size, and you may be able to secure the loan you need for the home you want… Read more »
As exciting as it is to start the search for your new home, it is important to gather the right information early in the process. This means more than just exploring neighborhoods and looking at what properties are available, as you should also look into matters like pricing trends, changes in interest rates, and your… Read more »
Buyers and sellers in the housing market can gain different advantages as the real estate market fluctuates. For someone on the outside, it can be difficult to assess whether a certain time is really the “right” time to put a home on the market, or if this is really the most advantageous time to make… Read more »
Few decisions feel as exciting, or as significant, as the one to become a homeowner. The security of owning your space and the benefits to building equity through property are hard to overstate. With the right space and the right mortgage, you can enjoy significant long-term benefits. Of course, one early question you have to… Read more »
Whether the real estate market favors buyers or sellers, people looking for their first home or a new home can find a number of attractive properties. Of course, while it is an important choice, selecting the property you want is not the only choice you have to make. You can find that you have different… Read more »
What do you gain from building your savings over time? Part of why you should set aside money is to make sure you can protect yourself when the unexpected happens. Medical concerns, car repairs, unemployment, and other issues can come with costs that you will have to clear. However, you should not think about savings… Read more »
When it comes to buying a home, the property cost is far from the only factor that affects what you will be paying from month to month. Different loan types offer different terms in the short and long term, and some come with additional costs that you will need to factor into your budgeting. One… Read more »
Are You Looking For A Low Down Payment Mortgage? Several loan programs can help home buyers with a lower income and/or low down payment. One such program is the Fannie Mae HomeReady mortgage. You could pay as little as 3% down on a HomeReady loan. That’s $6,000 down on a $200,000 home — even less… Read more »
Credit scores are a major component of securing a favorable mortgage loan and unfortunately, many people have scores that can hinder the home buying process. The factors that have lowered your score could very well be out of your control and are based on decisions made many years ago. After all, many people get credit… Read more »
