According to NerdWallet’s Millennials & Homebuying Study, the top 5 reasons young renters choose to own are: 1. To Have Control over Their Living Space – 93% Many millennials who rent a home or apartment prior to buying their own homes, dream of the day that they will be able to paint the walls whatever […]

According to a report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 37.4%.” That may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective? In the report, Ralph McLaughlin, Trulia’s Chief […]

There are many potential homebuyers, and even sellers, who believe they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that there are many loan programs that allow you to put down as little […]

You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents oftentimes recommend you make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or in some […]

  Regardless of your experience with homeownership, you probably have plenty of questions surrounding your down payment. What is truly required for a down payment? How can you best source down payment assistance? Let’s answer those questions here. 1. How Much Do You Really Need for a Down Payment? There is a long-standing misconception about […]

Let’s be honest: buying a house is a huge expense. Aside from recurring property taxes and insurance payments to pay, maintenance gets expensive fast. However, it’s worth it and gives you a sense of stability that renting won’t bring. Setting those costs aside, owning a home could give you huge benefits. Apart from the fact […]

Are you planning to purchase a house soon? If you are like most first-time home buyers, you have probably heard your friends, family, and co-workers encouraging you to buy a home. Buying a house a considerable investment and a big decision to make. You must be purchasing a house for a valid reason and not […]