From student loan debt, saving for a down payment and building mortgage-ready credit, First-time homebuyers face different hurdles when it comes to buying a home. Here are some of the best options for home financing when preparing to buy your first home. Image courtesy of hywards at FreeDigitalPhotos.net USDA Rural Development Loan The United States…
Month: November 2015
First-Time Homeowner Checklist: What You Need to Do Before Moving In
Congratulations on your new home purchase! Before diving in to the fun parts of being a first-time homeowner, there are several maintenance items you should take care of after closing on your home and before moving in. Here’s a checklist of what items you should tackle before you make your new house your home. Looking…
10 Budget-Friendly Home Improvements for the First-Time Homeowner
So you just bought a house; congratulations! Making your home yours is where the real fun begins, but when you’ve just purchased a home you may find yourself on a tight budget when it comes to home improvements. Here are some cost-effective but aesthetically-pleasing home improvements you can do on a budget.
Determining Home Affordability: How to Use Our Mortgage Calculators
First-time and repeat homebuyers often share a common question when it comes to purchasing a home: how much can I afford?
9 Ways to Use Shiplap in Your Home Design
If you’re a fan of any home improvement television shows, you’ve probably noticed the trend of using traditional building elements to enhance a home’s character. Whether you’re living in a newly built home or a fixer upper, shiplap is a great material to transform boring walls, ceilings, built-ins, and more into pieces of architectural interest.
Mortgage 101: Should I Pay Down Debt or Save For a Down Payment?
Many potential homebuyers cite existing debt or saving funds for a down payment as hurdles in their homebuying journey. But what if you have existing debt and a low balance in your savings account? Where do you start? The truth is, it depends. What You Need to Know About Down Payment Requirements Contrary to popular…