February, 2018 RSS Icon
Found 4 entries for February, 2018.

Down Payment Guide for Home BuyersFor those thinking about buying a home, one of the many ways that buyers need to prepare is by saving the down payment. Many new home buyers have questions about the down payment when they first begin to save. Knowing how much the down payment is, how much a buyer can expect to spend and what kind of home their down payment will buy can help any prospective buyer through the home buying process.

What's the Minimum Down Payment?

Home purchases often require a minimum down payment. Home buyers can put more than the minimum down, but they must meet the minimum in order to secure a mortgage. If the home is $500,000 or less, buyers expect to put down at least 5% of the purchase price.

If the home is between $500,000 and $999,999, buyers may be

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Everything You Need to Know About Getting a MortgageIf a buyer new to the home buying process, they might have a range of questions about how mortgages work, how to get one, how much they qualify to borrow and how much they'll have to pay per month. It's helpful to know the answer to these questions before any buyer starts looking for a home. Working with their lender and real estate agent can help them through the process.

How Is a Mortgage Lender Different From a Mortgage Broker?

A mortgage lender is an entity like a bank or a credit union that loans money to borrowers. A mortgage broker is a person or business who arranges for a buyer to borrow money from a lender. Brokers work with many different lenders at once to help borrowers find the best deal possible. Some people go directly to

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Your Guide to Home InspectionsHome inspections are meant to stop buyers from buying a home in need of extensive repairs, making them one of the most popular buying contingencies. But it's common for buyers to have misconceptions about what a home inspection actually covers, and the confusion can sometimes lead to issues. Learn more about how home inspections work, and what to look for should you need to hire one.

Exterior/Structural Components

The home inspector is looking for signs of major damage on the exterior of the home, including the roof, porch, and walls. They'll look at the stability of the joists, floor sills, and foundation, and note the amount of wear and tear on each component. It's not uncommon for homes to lean or shift over time, so an inspector is looking

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4 Tips for Home StagingStaging is a chance to show off what makes really makes a home stand out. While staging tends to favor luxury homes, there are few that wouldn't benefit from a little spruce. The best part is that staging may only take a small financial investment compared to its return once the bidding process starts. The key is to get a prospective buyer's imagination going from the moment they set eyes on your Abasands home.

First Impressions

Forget everything you think you know about books and their covers—buyers usually make up their mind in the first blink of their eye. To even have a prayer at a successful showing, the outside needs to be as clean and colorful as it possibly can be. Buy a lighting kit for the walkway, repaint the trim, or repave the

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