Purchasing a home to rent it out as a holiday rental is both appealing and a potentially lucrative investment. It is also vital to keep in mind that it can be challenging and time-consuming. You will soon find yourself juggling many responsibilities, such as maintenance and repairs, which will result…continue reading
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Easy Spring Cleaning Tips & Hacks to Reduce Clutter & Stress
Springtime: Trees sprout, flowers bloom, and birds sing. It is time to spruce up our houses and get a jump start to the busy spring and summer seasons. For many people, spring cleaning may appear to be a challenging undertaking. However, it does not have to be so. Check out…continue reading
5 Reasons Why Buying A Condominium Is Better Than Renting an Apartment
As the popularity of condominiums grows, some people wonder if it is better to buy a condo than to rent an apartment. Both have advantages, but they depend on the tastes of the persons who wish to move. If you are a young professional deciding to buy a property or…continue reading
How Big a Home Do You Need? 5 Ways to Figure It Out Before You Buy
A majority of people have the perfect picture of the dream home they want to buy one day. You may have distinct aesthetic preferences, but regardless of your inclination, the point is that your home should cater to both your family and your personal needs. The ability to stay within…continue reading
To Move Or to Stay Put: 5 Things to Consider Before You Decide
With the economy improving, many Americans are contemplating whether it is better to stay in their existing home longer or sell now. There are a variety of reasons for selling a property ranging from requiring more space to financial problems, to choosing the ideal neighborhood and school zones. So, do…continue reading
First Time Homebuyers: All You Need to Know about a VOR and How It Can Affect Your Mortgage Application
If you are applying for a mortgage your lender will consider several factors including your credit score, your debt-to-income ratio, and proof of income. Lenders may also require first-time homebuyers to sign a Verification of Rent (VOR) document to verify their rental history. This is usually required for persons who…continue reading
Mortgage Interest Rates Are Rising: Is Now A Good Time To Buy A Home
While the year began with low mortgage rates, they are now rising and are at their greatest level in almost two years. In the last week of December, a 30-year mortgage averaged around 3% APR and on February 20, 2022, it averaged 4.19% APR. This news may come as a…continue reading
How First Time Homeowners Can Boost Their Mortgage Borrowing Power
With home prices rising you may be wanting to know how you could secure a higher mortgage loan. After all, you may need one if the buying price exceeds your initial estimate or if you do not have enough money for a down payment. However, obtaining a larger mortgage is…continue reading
Buying Your First Home? Here Are 4 Perks of Putting A 20% Down Payment
If you are looking to buy a home this year, you are probably wondering how much you would need to put down. For those who are unable to put a 20% down, there are mortgage programs that only require a 3% to 5% down payment. But what if one has…continue reading
What Does The Term Ratified Mean In Real Estate Transactions?
Real estate is a discipline with its lingo, just like any other. But, for a layman, it is difficult to understand all the jargon. So when a Realtor says “Congratulations you have been ratified”, you may wonder what it means and politely answer, “Great, thanks so much!” In this article,…continue reading
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