Archive for #firsttimehomebuyer – Page 3

How to Navigate the Bidding Wars When Buying a Home! Part 2

Do your homework

Start looking at listings online, even if you aren’t quite ready to begin the process yet. It will give you an idea of neighborhoods and home types you like that are within your budget.

Get educated!!  Start …

7 Tough Questions to See if Your Are Ready to Buy a Home!

One of the biggest reasons holding potential home buyers back is education and cost.  EducateHomeBuyers.org holds “free” virtual classes to help folks understand the process and takes the anxiety out of the purchasing a home.  There are many individuals and …

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 …

What is the Difference Between Pre-Qualification and Pre-Approval When Buying a Home?

Buying a home as an investment in your future

The terms “pre-approval” and “pre-qualification” for a mortgage are different, although some lenders use the terms interchangeably. Both can help you get started with your home buying, but are useful at different points in the process.   Pre-qualification is solely based …

Homeownership in Seattle Is Super Expensive, But the City Is Far Better Off Than the Worst-Case Examples

Narrowing the gap between income and home prices matters in making good on the dream of homeownership for more families, study shows

Seattle is without doubt one of the more expensive cities in the nation in which to own a …

Young, Smart and On-the-Go: Top 10 Metros for Millennials Who Want to Relocate

The handwringing over the latest exploits, likes and dislikes of millennials has become somewhat of a national sport. Some of the observations are the result of generational rivalry rather than insights into wide-ranging trends. Still, it’s essential to recognize that—given …

Divorce and Real Estate!

According to LawFirms.com, January is referred to as “the divorce month,” with filings spiking during the post-holiday season.  While this may not be the most positive way for me to start out with tips this year that you should …

Renters paid $4.5 trillion in rent in the last 10 years

In 2019 alone, $512 billion in rent was paid to landlords

Landlords have had a very lucrative decade.

During the 2010s, U.S. renters paid about $4.5 trillion in rent, according to Zillow. That’s more than the 2018 GDP of the …

Have You Budgeted for Closing Costs?

Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for are the closing costs required to obtain …