For instance, if you have excellent credit but your spouse has poor credit, you may be eligible for a mortgage alone, but not with your spouse as a co-borrower. It's important for married couples to weigh the benefits against the risks when considering a joint or individual mortgage. In ...
Many people rent when they are first starting out, then buy a home later. Buying a house usually involves paying a percent of the price up front and paying the rest off in monthly mortgage payments. Having a high credit score can save you thousands of dollars by the time you pay off...
Buying a house sight unseen is easier than it used to be, thanks to technology. Here's how to do it successfully.
Assuming you have your finances under control, your next consideration is housing-market economics—either in your current locale or the one where you plan to move. A house is an expensive investment. Having the money to make the purchase is excellent, but it doesn't answer whether or not t...
If you could only borrow $1million before and a house at auction goes past this point you would have been out. But now you can borrow $1.2million you still have more spending power to stay in the auction. It doesn’t really matter what the property is worth (up to a certain ...
Lease deals are only available to shoppers with excellent credit. They’re also only available on specific models, which can be hard to find and limited in the equipment they include. With most leases, you can negotiate many of the lease terms, including the capitalized cost. With lease deals...
Are you looking for a home with many bedrooms and bathrooms? Do you want a house in an excellent school district? Would you like to walk to shops and restaurants? By identifying your desires early in the process, you can simplify your search and save time and effort. Many websites have ...
We know that buying a home can be stressful. But it doesn't have to be. You just need to be prepared. From securing your mortgage to picking out that perfect house you can call home, this is the homebuying process timeline every first-time homeowner can expect to complete. Homebuyer fi...
Before becoming a first-time home buyer, it makes sense to achieve agood credit score first. If you don’t have the best credit, it might make sense to hold off on buying. The significance of having an excellent credit score before purchasing your first home cannot be understated. ...
How to buy and sell a house at the same timeWhether you decide to buy first or sell first there are 3 key steps every homeowner should do.First, decide which time of year to take the plungeTraditionally, summer is a good time to buy a new home if you need to sell, but there are...