Buyer · Client · Closing · Equity · Finances · Foreclosure · Home Tips · Informed Consumers · Investing · Loans · mortgage · Real Estate

Forget About the Bank of Mom and Dad — Here’s How You Can Save Your Own Down Payment

  Since you’ll want to have approximately 20% of the purchase price of your home for a down payment, it can seem nearly impossible to come up with the funds. Fortunately, there are a few ways that you can save a little over time and not have to borrow from the Bank of Mom and… Continue reading Forget About the Bank of Mom and Dad — Here’s How You Can Save Your Own Down Payment

Buyer · Equity · Finances · Home Tips · Loans · mortgage · Real Estate · Real Estate Market

Saving for a Mortgage Down Payment? 4 Tips That Will Help You Get There Faster

For most people, the idea of saving more money each month is enough of a burden without having to think about investing in a home. A down payment, however, will require a lot more saving know-how and a lot more in liquid assets in order to be able to buy. If you’re trying to find… Continue reading Saving for a Mortgage Down Payment? 4 Tips That Will Help You Get There Faster

Buyer · Equity · Finances · Home Tips · Investing · Loans · mortgage · Real Estate · Real Estate Market

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Buying a home is one of the largest investments you will make in your life, and that’s why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here’s why an extended loan term can end up costing you more and… Continue reading Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Design · DIY · Equity · Finances · Home Improvement · Home Tips · Maintenance · Organization · Real Estate · Real Estate Market · Repurpose · Upgrade

Renovating on a Budget? Check Out These Equity-boosting Inexpensive Home Upgrades

  The idea of embarking on home renovations may strike many homeowners as an expensive one, but there are plenty of ways that you can easily upgrade your home without spending a lot of money. If you’re looking for improvements that will truly (and frugally) improve the value of your home, here are a few… Continue reading Renovating on a Budget? Check Out These Equity-boosting Inexpensive Home Upgrades

Appraisal · Buyer · Closing · Equity · Family · Finances · Home Tips · Investing · Loans · mortgage · Organization · Real Estate

Not so Fast: 3 Reasons Why You Might Want to Avoid Paying Off Your Mortgage Early

The burden of debt, especially when it comes to the high price tag of a home, can be a significant worry to many people. However, what many homeowners may not be aware of is that paying your mortgage off early can actually have a negative impact on your financial health. Whether you’ve recently come into… Continue reading Not so Fast: 3 Reasons Why You Might Want to Avoid Paying Off Your Mortgage Early

Buyer · Equity · Home Tips · Investing · mortgage · Organization · Real Estate

Should You Pay Your Mortgage Bi-weekly or Monthly? Let’s Take a Look

Most homeowners look at their monthly mortgage payment as their largest cost per month, and something they must do to maintain a good credit history. However, you may have heard of bi-weekly mortgage payments and their ability to lower your debt load and help you pay off your mortgage more quickly. If you’re wondering if… Continue reading Should You Pay Your Mortgage Bi-weekly or Monthly? Let’s Take a Look

Buyer · Equity · Finances · Home Tips · Investing · Loans · mortgage · New · Real Estate

3 Simple Tips for Boosting Your FICO Credit Score Before Applying for a Mortgage

There are a variety of factors that are involved in getting your mortgage approved, but few things will have more of an impact than your FICO score and the credit history that goes along with it. Instead of leaving your score up to chance when submitting your application, here are a few ways that you… Continue reading 3 Simple Tips for Boosting Your FICO Credit Score Before Applying for a Mortgage