Tag: Home Buying

Posted on 01/01/2024

Home Buying Myths: Common Misconceptions Explained

Information and advice for first-time homebuyers is everywhere. Unfortunately, many of the most commonly accepted truths about buying a home are either outdated or false. Here are some of the biggest myths about home buying to help you understand the facts. Myth: You Can't Buy a Home With a Bad Credit Score It is possible to qualify for...

Home Buying

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Posted on 02/06/2023

4 Ways to Reduce Home Buying Stress

40% of all homebuyers report that buying a home is one of the most stressful events in their lives. There are many sources of stress, but the more prepared you are, the better you’ll be able to handle them. Here are some tips for handling the most common stresses of buying a home: Find the Right Real Estate...

Adjustment

Buying A Home

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Posted on 09/05/2022

Average closing costs for buyer hopefuls: What to expect

Budgeting for buying a home can seem daunting, but one of the best ways to make it easier is to figure out the average closing costs for buyer hopefuls. There are various service charges bundled together to make up closing costs, and some can vary significantly based on location and specific property. Here are some of the most...

Appraisal

Closing Costs

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Posted on 05/09/2022

The Pros & Cons of Higher Down Payments: What Homebuyers Should Consider

Buying a home requires extensive financial planning. While the widely accepted standard for down payments has been 20% of the purchase price for decades, many are wondering if that’s still required. In reality, there are ways to qualify for a mortgage with less than 20% down payment—even some options without a down payment at all. However, there are...

Down Payment

Home Buying

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Posted on 12/27/2021

Understanding Real Estate Contingency Types

In a home sale, there are many types of contingencies that might appear in the purchase contract. These special clauses provide ways for the buyer to back out of the sale if various conditions aren’t met. All contingencies are there to protect the buyer rather than the seller, but are usually up for negotiation depending on contract terms....

Contingency

Home Buying

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