Category: Experienced Homebuyer

You want a home that’s a good fit for your family. You could renovate your current place, or you could move. Which is the right option for you?

Whether you’re a first-time homebuyer or just haven’t gone through the process in a while, you may be wondering what mortgage points are and if paying for points is worth the cost.

Don’t get overwhelmed by your next move. Creating a moving plan and executing it in advance can save you time, money, and stress.

If you're in the market for a new home, it's easy to only focus on two figures: 1) the asking price and 2) the down payment. But there's another number you should factor into your home buying budget – mortgage closing costs.

Searching for the perfect home can be exhausting, especially when none of the online virtual tours come close to your design preferences or budgetary needs. Many home shoppers realize that getting their dream home might mean building their dream home.

To say the current real estate market is a seller’s market, is an understatement. We can’t remember a time in recent history, when would-be homebuyers were rushing to make offers on newly listed homes, like they are today.

Selling your home for top dollar makes financial sense. You could use the funds to move into your next home, deposit the proceeds into your retirement savings account, or fulfill another financial goal. But determining what makes buyers go to battle over homes in today's market isn't always as simple as an internet search. Your local real estate market may be enough to start a bidding war, but your neighborhood and property type could also influence how far above your asking price buyers will pay.

Among the many new terms you'll learn when buying your first home, "escrow" is apt to be one of the most challenging to understand. This is often due to the fact that escrow functions differently depending on where you are in the home buying process. Here are three things you need to know about escrow accounts as you prepare for homeownership.

More than half of Americans (56%) plan to move in 2021. That's up 21% from last year. The spike might be due to the pandemic's influence on the surge in remote work and the desire for a lower cost of living. Many people now work from home, and using the kitchen table or a small closet as an office isn't preferred as a long-term solution. A new home with office space and more square footage solves the problem, while also giving family members more space to enjoy their favorite leisure activities.

When you need the equity in your existing home to buy a new one, selling your home ASAP is top priority. But, when the offers aren't coming as quickly as you like or for the exact amount you need, you might wonder if you can afford to make a move. A swing/bridge loan might be the solution. These loans offer a way for you to access your current home’s equity so you can close on your dream home before it's sold to someone else.