Archive for Mortgage – Page 3

“Marry the House, Date the Rate!”

I read this today and I am adopting as my new slogan!

The press seems consumed with the idea of a recession in 2023 or 2024… which would mean:Marry the House, Date the Rate

  1. We’ll hear about it for another year or two, and this

5 Things First Time Buyers Need to Know When Making an Offer

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer …

What did 2021 tell us about buying a home?

If I was to look back at 2021 and come up with what gave most prospective homeowners the edge they need to close a deal on a home I would give you these ideas.

  1. Competitive Offers Close Deals

Just like …

Here are costs that often take first-time homebuyers by surprise!

1.  Home Inspection

Cost: $350–$500+

A home inspection lets you know of any potential problems — like mold, bad roof, water pressure, crawl space issues, etc. An inspection lets you know what you’re getting into before you buy.

Even if …

Appraisal Gap Options for Buyers and Sellers in a High-Demand Market

Today’s purchase market is like one we have never seen. High demand and low inventory are driving purchase prices well above the list price. With this demand, buyers are paying more than the appraised value.

If an appraisal comes in …

How to Navigate the Bidding Wars When Buying a Home! Part 1

This is Part 1 of 2 on how to navigate the bidding wars when purchasing a home.

The pandemic has shown individuals and families that they need more space to “work from home” (WFH).  More Americans see the value of …

Everything You Need to Know About Finding an Accessible Place to Live

Image via Unsplash

A comfortable and supportive environment is something we all want in our homes. However, finding accessible housing that fits the bill can be tough. Read on as we explore some simple strategies that can help you score …

Why Aren’t Buyers Reading Their Paperwork?

The mortgage lending industry does not want to ever hear this statement again, “I don’t know what kind of loan they gave me.”  Since 2008, we have experienced a flood of new regulations and disclosures.  All of them to Read disclosures before signingbenefit …

Private Mortgage Insurance and Your Credit Score

Here at EducateHomeBuyers.org we work to provide you with the most current information on purchasing, selling and refinancing your home.  Our objective is to help you make smarter financial decisions.

Private Mortgage Insurance, or PMI, is something that few homebuyers …

8 Ways to Save Money to Buy a Home When You Can’t Really Afford Too

Knowing you need to save money is one thing, but making it happen requires some extra effort. After all, your paycheck won’t automatically move itself into your savings account. Only you can take the required steps to set

aside some …