More Than Half Of All Buyers Are Surprised By Closing Costs

According to a survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. Have you been surprised by closing costs? After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of homebuyers were surprised that closing costs were required at all, while another 35% were […]

Being Pre-Approved Should Always Be Your First Step

  In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale, yet few are pre-approved when they start their search. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying […]

5 (Totally Legal) Tricks to Boost Your Credit Score Fast

So, you’ve decided next year is the year you’re finally going to buy a house, but now you’re a little panicked because your credit score isn’t exactly going to make lenders swoon. You’re not alone. The national average credit score is 695, while only half of consumers fall in the desired 700-plus range. Although you certainly can get […]

What Is a Home Equity Line of Credit? The HELOC Explained

If you’ve been looking for a way to get a little money out of your home without actually selling it, you’ve probably come across something called a Home Equity Line of Credit, or HELOC for short (pronounced “heelock”). Clear as mud, right? Now that you’re no doubt wondering what a Home Equity Line of Credit […]

Real Estate: Best Long-Term Investment

Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.   For the fourth year in a row, Real Estate has come out on top as the best long-term investment! This year’s results showed that 34% […]

4 Tips for Effectively Making an Offer

So, you’ve been searching for that perfect house to call a ‘home,’ and you’re finally making an offer! The price is right, and in such a competitive market, you want to make sure that you make a good offer.  This will hopefully guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 […]

Do You Know the Cost of NOT Owning Your Home?

Not owning your home has great financial downfalls, yet many continue renting! Today, let’s look at the financial reasons why owning a home of your own has been a part of the American Dream for as long as America has existed. Zillow recently reported that: “With Rents continuing to climb and interest rates staying low, […]