If you want a word that encourages clarity and understanding, bi-weekly isn’t it. After all, as Merriam Webster indicates, this adjective can mean either that something happens twice a week or that something happens every two weeks. However, the prospect of saving a substantial sum on your mortgage is generally enough to get people to …
How Much Money Do You Need to Buy a House?
When you’re contemplating a purchase, it’s only natural to wonder how much money you’re going to need to pull it off. For aspiring homeowners, the question can be particularly complicated. After all, there are a variety of costs involved in the purchase, and you need to be prepared for them. How much money do you …
What Is Included in Closing Costs?
When it comes to buying a home, people often focus on either the down payment or the purchase price. However, there’s another expense that homebuyers will need to come up with before they’re allowed to collect the keys to their new home: the closing costs. Knowing what to expect allows you to be prepared when …
Down Payment Assistance Programs
If you dream of becoming a homeowner but find the prospect of coming up with a down payment daunting, then a down payment assistance probably program seems like a delightful idea. Understanding how down payment assistance programs work and recognizing the potential pros and cons can help you decide if they’re an idea worth pursuing …
How to Write an Offer Letter for a House
In a blazing-hot real estate market, would-be homebuyers need to seize every possible advantage. In some situations, a personal touch in the form of an offer letter may be the thing that pushes your offer into the winner’s circle. That means mastering the art of how to write an offer letter for a house is …
How to Estimate Home Value
If you’re like many Americans, your home is your most valuable asset. That makes knowing how to estimate home value a very advantageous skill. Of course, some skills are difficult to learn. Mastering them takes massive amounts of time and dedication. This won’t require the same level of commitment. Instead, it’s a matter of understanding …
How to Buy a House in a Seller’s Market
The housing market isn’t a particularly friendly place for buyers right now. As Fortune reports, the demand for homes is hitting record highs. The inventory of homes for sale is hitting record lows. Prices are soaring, and homes are selling ten days faster than they were a year ago. If you want to purchase a …
Am I Ready to Buy a House?
Am I ready to buy a house? That’s a question that can be surprisingly difficult to answer. After all, there are a few different angles to ponder. You may find that you’re ready to buy on one level, but that you’re less prepared to be a homeowner when you consider the question from a different …
What Is the Annual Percentage Rate on a Mortgage Loan?
When it comes to selecting the ideal home loan, many home buyers concentrate on interest rates. It makes sense. After all, snagging a mortgage with a low interest rate can deliver substantial savings. However, looking at the interest rate isn’t the only way to compare loans. It might not even be the most effective way …
How Does Debt Consolidation Work?
Nowadays, debt seems to be part of the American way. With student loans, credit cards, car loans, medical bills, personal loans, and mortgages, trying to manage it all can be overwhelming. What if you could combine all or most of your outstanding debts into a single monthly payment? Debt consolidation makes that possible. How does …