Tips Every First-Time Home Buyer Should Know
Buying a home is one of the most important purchases you’ll ever make – if not the most important. If you’re a first-time home buyer, then you may be interested in learning more about the process before getting started. Here are some helpful tips for first-time home buyers. Get Pre-Approved for a Mortgage Before … Tips Every First-Time Home Buyer Should Know
What are Closing Cost Credits Issued by Sellers? Also known as “Seller Paid Closing Costs” or “A Seller’s Concession”
Closing cost credits are a way for sellers to help buyers finance certain closing costs – such as title insurance, appraisal fees, and pre-paids. Pre-paids refers to home owners’ insurance and real estate taxes. Typically a lender will not permit a credit for home inspections. Sellers may choose to offer closing cost credits for a … What are Closing Cost Credits Issued by Sellers? Also known as “Seller Paid Closing Costs” or “A Seller’s Concession”
New Lead Paint Law
Owning residential rental properties means you always have to stay on top of local laws and regulations. Effective July 22, a new law regarding lead paint went into effect for residential rental properties. It is essential for property owners to understand these laws and how they may affect their properties. New Jersey Lead Paint Law … New Lead Paint Law
How to Choose the Right Mortgage Offer
Shopping for the right mortgage is an exciting and important time! There are many mortgage loans out there, and even more lenders. So how do you choose? Read on to learn how to select the best mortgage offer for you. Figure Out How Much You Can Afford A home is a big purchase, so you … How to Choose the Right Mortgage Offer
10 Things to Prepare for When Buying a Home for the First Time
It’s always good to be prepared! Here are some elements that make up the beginning of a smooth and successful home purchase. #1 – The Down Payment Be sure to have a down payment. Many first-time home buyer programs allow for a lower down payment than the average buyer. Talk to your mortgage rep about … 10 Things to Prepare for When Buying a Home for the First Time
The True Meaning of For Sale by Owner
If you’re in the homebuying process, the term “For Sale by Owner” is probably something you’ve seen already. What does it mean? Should you pursue a home that the seller is listing themselves? Read on to learn the true meaning of for sale by owner and how to navigate the process. What does For Sale … The True Meaning of For Sale by Owner
Is Refinancing Your Home the Best Choice for You
Refinancing your mortgage can be an excellent way to save money on your home purchase. However, is it the right choice for you? Here is some information to help you understand what a refinance is and if it makes sense for your current situation. How does refinancing work? If you choose to refinance your home, … Is Refinancing Your Home the Best Choice for You
Most Important Elements of A Successful First Home Purchase
If this is your first time buying a new home, congrats! There’s a lot of information out there to prepare you, but it’s hard to know where to start. Here are some of the most important elements that you should focus on: Understanding The Down Payment When buying a new home, you’ll need a down … Most Important Elements of A Successful First Home Purchase
Whether You Are Selling or Buying- You Need an Attorney
Buying a home is probably one of the most significant financial purchases you will make and in turn, selling your home is one of the most significant sales you’ll ever make – especially during the new normal of Covid-19. For these reasons and so many more, hiring a real estate attorney is an essential part … Whether You Are Selling or Buying- You Need an Attorney
Real Estate Laws You May Not Be Familiar With
All real estate deals are unique in their own respective way. That’s why it’s so important to enlist the advice of a real estate attorney when buying or selling property. Both parties of the transaction must understand and know all applicable laws that pertain to their transaction. Here are some real estate laws you may … Real Estate Laws You May Not Be Familiar With