How Much Are Mortgage Fees? The Costs That Come With Your Loan

imaginima/iStock When shopping for a home, it seems like there’s something to pay for at every step of the way. To get your mortgage approved—thereby allowing you to actually buy your house—you’ll have to pay mortgage fees. The most common mortgage fees also fall under the umbrella of closing costs, those expenses you pay when you […]

Read More »

The Heat Is On: 5 Sizzling Reasons to Buy a Home During Housing’s Hottest Season

flammulate/iStock; stevanovicigor/iStock The days are getting longer. Ice cream truck jingles echo up and down the block. But the surest sign that summer is here? It just might be those “For Sale” signs popping up like dandelions in your neighborhood. Yep, we’re smack dab in the middle of the most popular time of the year to buy and […]

Read More »

Top 4 Fights Couples Have When Buying a Home: Which One Will Get You?

ImagesBazaar/Getty Images All’s fair in love and real estate, right? While shopping for a home is exciting for many couples, it’s also a notoriously trying process. As proof, look no further than a recent survey from LendingHome, which found that 60% of couples aged 25 to 45 disagreed with their significant other when buying a house. LendingHome […]

Read More »

How Long Does It Take to Get a Mortgage? Longer Than You Might Think

Marrypopins/iStock In the age of same-day delivery and smartphones, we’re used to rapid wish fulfillment. With a few clicks and taps, and within hours, a drone drops a package on your porch. But when it comes to getting a mortgage, that’s just not how things work. So how long does it take to get a mortgage? […]

Read More »

4 Signs Your Real Estate Comps Are Fooling You About Your Home’s Value

bee32/iStock Unlike most things we buy in life, homes don’t come with a sticker price. Sure, the real estate listing may say the price of the home is $320,000, but that’s just a starting point. Buyers can—and should—offer more or less money for the house based on something called real estate comps, short for “comparables.” Real estate comps […]

Read More »

What Is a HUD Foreclosure? A Home That’s Below Market Value

Daniel Acker/Bloomberg via Getty Images “Foreclosure” is a scary word with a simple definition: It’s the process of a lender attempting to recoup the balance owed on a loan after the homeowner fails to pay the mortgage. Mortgage lenders can be banks, private institutions, or the Federal Housing Administration. The FHA is the world’s largest insurer of […]

Read More »

How to Prepare to Buy a Home: First, Use This Checklist

Jeng_Niamwhan/iStock As everyone knows, a house is not an impulse purchase; you can’t just waltz in and declare “I’ll take it!” Long before you get to making that offer (on paper, through your real estate agent)—and even before going to your first open house—there are a ton of things to do and to prepare. Overwhelmed? Here’s a […]

Read More »

First-Time Home Buyer Checklist: Have You Done Everything?

monkeybusinessimages/iStock Think you’re ready to buy your first home? Congrats! That’s a big step—and one where it’s wise to know for sure you’ve got all your ducks in a row first. To help you figure that out, here’s an all-in-one first-time home buyer checklist with everything you should make sure you have covered before you set off […]

Read More »

5 Common First-Time Home Buyer Mistakes You Won’t Want to Make Yourself

Chris Whitehead/Getty Images We all make mistakes the first time we do something, but those mistakes can be doozies for first-time home buyers. For one, these errors are hard to backpedal out of—and worse, they can cost thousands of dollars. And so, in the hopes that you won’t inadvertently step into one of these booby traps, we […]

Read More »

Visit Us On FacebookVisit Us On TwitterVisit Us On PinterestVisit Us On YoutubeVisit Us On LinkedinVisit Us On Google Plus