In today’s red-hot real estate market, it can be hard tofind a house in your price range. One way around this problem is to buy a fixer-upper home. Even if you pay more for the renovations than you did for the house itself, the total can still be less than the price of a mov...
A home could look like it needs some light sprucing up, maybe a quick paint job or new bathroom tiles.But after you get into the property to start renovating, you discover it needs new framing, wiring, plumbing, or any number of other, much more expensive fixes. If you aren’t careful...
These buyers usually pay with all cash and prefer to buy homes off-market. Many will purchase homesas-is, meaning the seller isn’t expected to do any work to improve the home’s current condition. For this type of buyer, a purchase is generally all about how the numbers shake out sinc...
The Complete Homebuying Guide As you search for a home, getting pre-approved for a mortgage can bean important step. Consulting with a lender and obtaining apre-approvalletter allows you to discuss loan options and budgeting with the lender; this step can clarify your total house-hunting budget...
As you search for a home, getting pre-approved for a mortgage can bean important step. Consulting with a lender and obtaining apre-approvalletter allows you to discuss loan options and budgeting with the lender; this step can clarify your total house-hunting budget and the monthly mortgage pay...
To avoid this unnecessary attention, you’ll either want to move the money several months in advance of your home loan application, or simply leave it where it’s at if it’s in a suitable account. Even moving money from one verifiable account to another can raise new red flags if the ...
You don't need a construction loan to buy a production home in a new development. With a production home, the builder or developer finances the construction. You choose from a set number of offered house plans and features, and, when the construction is finished, p...