Three Important Reasons To Just Say ‘Yes’ To A Home Inspection

Buying a home is a costly endeavor, and many a prospective buyer will look for opportunities to save a few dollars throughout the process. Skipping the optional home inspection, however, could have negative consequences that far outweigh several hundred dollars in savings. Although it’s not required by law, here are three reasons to insist ... More

Negotiation Tactics For Landing That Dream Home

The most intimidating part of the home purchase process may be negotiating the sale price with the seller or the seller’s agent. If you’re working with a real estate agent, they will likely do quite a bit of the “dirty work” of negotiation. Still, it’s wise to understand negotiation tactics to ensure you’re getting the best deal ... More

Plan Ahead To Get Approved For A Mortgage Loan

Even if a home purchase isn’t in your immediate future, it pays to start thinking about what it takes to get approved for a mortgage. If you know you’d like to become a homeowner in the future, the following tips will help you avoid bumps in the road when you’re ready to take the plunge: Limit credit card debt In this day and age, ... More

Dispelling The Myth: Why You Should NOT Pay Your Mortgage Off Early

For many Americans, owning a home outright is still an important milestone in their personal financial journey. That’s why so many homeowners work to pay their mortgage loans off early. While a home is certainly a valuable financial asset, however, some experts believe paying a mortgage off early will hurt a consumer’s long-term financial ... More

Meet With Multiple Mortgage Lenders Before Deciding On A Loan

Navigating the process of buying a home can be confusing, especially for first-time buyers. That’s why so many consumers go straight to a familiar lender, like their local bank, for a mortgage loan. Although that can simplify the process, it will rarely yield the best loan option. For optimal results, consumers should go “mortgage ... More

Sell Your Home Faster By Investing in These Popular Features

If you’re considering selling your home, it’s helpful to understand what buyers are looking for in today’s real estate market. Research from real estate website Zillow suggests that five key features can help you offload your home a full 30 days faster than average. Zillow researchers studied more than two million homes sold in 2016, ... More

For Sale By Owner: Three Purchasing Tips

There are myriad benefits to listing a home through a real estate agent, but many sellers prefer to go it alone rather than pay a realtor’s fees. With this type of “For Sale by Owner” transaction, sellers will lack the marketing resources of a professional realtor, but they are likely to save money in the process. Although it may feel ... More

Three Sneaky Secrets of Credit Card Companies

A recent study by NerdWallet revealed that the average American has about $16,000 in credit card debt. Though many try desperately to climb out of the debt hole, a large percentage are continually sucked back in. While some responsibility must be taken for personal spending decisions, credit card company policies are also holding many people ... More

Everything You Need To Know About Mortgage Prequalification

Too many prospective buyers fall into the trap of forgetting to consider extra costs – like property taxes and homeowners insurance – when looking to purchase a home. For this reason, it’s a worthwhile effort to invest time in getting a mortgage prequalification from a reputable lender. A mortgage prequalification isn’t the same ... More

How ‘Trended Data’ Can Affect Your Creditworthiness

In September 2016, Fannie Mae began processing “trended data” in order to gain a deeper understanding of consumer credit history. While this practice has been commonplace among credit card companies for some time, this marked the first time the technique was widely employed in the mortgage industry – and the trend is likely to spread.... More