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You’ve heard about both types of mortgages. ARMs were the villains of the 2008 housing crisis, but understanding the differences between fixed and adjustable-rate mortgages (ARMs) is crucial when deciding on a mortgage. There is a time and place for…
When you sign a lease, you enter a legally binding agreement. But what if you want to buy a house before your lease ends? Here’s what you need to know. Can You Break a Lease to Buy a House? Yes,…
Most home sales involve the following 13 steps. Let’s take a closer look at what each step involves and what you’ll do along the way. Step 1: See If You Meet The Requirements To Buy A House Buying a house…
When you’re ready to purchase a home, you should do a few things before you start. This guide will help you assess your financial health, calculate affordability, and identify key factors that influence your budget. Assessing Your Budget A lender’s…
Buying your first home is an exciting milestone, and having an organized checklist can help streamline the process. Avoid common pitfalls and stay on track with this comprehensive guide to the eight basic steps of buying your first home. 1.…
In competitive real estate markets, making a standout offer on a home is essential. Here's a comprehensive guide on presenting a compelling 'highest and best' offer to catch a seller's attention and successfully close on your dream home. Understanding 'Highest…
For many, buying a home is a big part of the American dream, yet for various reasons related to lifestyle or finances, this milestone may seem out of reach, making renting a much more viable option. Both renting and buying…
In the bustling spring homebuying season, potential buyers face a pressing dilemma: Should they buy now or wait in hopes of securing lower mortgage rates? While current rates hover around 6.9%, a notable jump from the previous year, many are…
In the current real estate landscape, the concept of buying a home has shifted significantly, particularly for first-time buyers. According to Opendoor's recent data, a staggering 77% of first-time homebuyers are not going it alone; instead, they are purchasing properties…
Navigating the real estate market can sometimes feel like trying to read the weather without a forecast. However, just as with weather, there are clear signs that can tell you whether you're in a buyer's or a seller's market. Here's…
