Posts from March 24th, 2022

Home Inspection Checklist for Buyers

Before you hire a professional home inspector, there are certain things that you can look for while your tour a home.

Not only is this going to give you a better idea of what needs to be fixed in the house, but it also gives you the opportunity to ask a professional home inspector what you'd like them to pay special attention to.

1. The Foundation
   When looking at the foundation, you shouldn't only be looking at the outside of the home, but the interior also. Look at the base of all the walls in every room as well as the ceilings. You will be looking for obvious cracks and shifts in the foundation. Also, note whether there are any trees around the close vicinity of the property.
   
   
2. The Roof
   You will also want to ask questions about the roof. What is it made out of?...

Click Here to Read More...

Finding a Home Loan Right for You

Whether you're buying a home for the first time or have navigated the process before, choosing the right home loan is key to long-term financial happiness with your next home. The number of loan options available can feel daunting to sort through, but the good news is there's a loan available to suit the needs of nearly every buyer. The trick is finding the right one for you. Get started with our guide to some of the most common types of home loans and how they might fit your needs.

• Conventional Mortgages
  Conventional mortgages rank among the most commonly used loans, and there are two types available. Conforming mortgages are backed by Fannie Mae or Freddie Mac, with maximum loan limits set by the county. Borrowing with a conforming, conventional mortgage will allow you to make a lower down paymen...

Click Here to Read More...

Let's Talk About Paperwork: What You Need To Buy A Home

From securing mortgage pre-approval through your lender to closing on your new home, the process of purchasing a home involves plenty of paperwork. You can make your life much easier by being prepared. Here are some of the key documents that you may need to provide or review throughout the process of purchasing your next home.

• Proof of Income
  In order to apply for loan pre-approval and determine how much you may be able to borrow, your lender may request a variety of documents to prove your income. These documents may include pay stubs, tax returns, bank statements, and retirement account statements.
  
  
• Proof of Employment
  Your lender wants to know where your down payment will come from and verify that you will be able to pay your mortgage, so they will also reques...

Click Here to Read More...