5 Things to Think About Before Starting a Hobby Farm

Rural living and hobby farming hold great appeal as alternative lifestyles. Growing your own food and raising livestock in a rural area can provide a much-needed escape from city living and the suburban sprawl. Is a hobby farm right for you? Here are some things you'll want to consider before making a decision: 1. [...]

By |2019-10-30T09:20:46-05:00October 30th, 2019|Categories: Eco, Misc, Purchase|Tags: , |

10 Best Days to Buy a Home (Mark Your Calendars!)

We’re officially into fall, and if you’ve been thinking about buying a home, we’re quickly approaching the best days of the year to do it. According to a study from ATTOM Data Solutions, October, November, and December claim nine out of the year’s 10 best home buying days overall.  The study looked at 18 [...]

By |2019-10-09T11:37:56-05:00October 9th, 2019|Categories: Home, Purchase|Tags: , |

PMI: Should You Avoid It at All Costs?

If you're applying for a conventional mortgage loan, you'll usually need at least 20% down if you want to avoid private mortgage insurance (typically just referred to as PMI). PMI protects the lender if a borrower defaults, and it makes monthly payments higher the entire time a borrower has to carry it. Doesn't sound [...]

By |2019-10-03T09:23:52-05:00October 3rd, 2019|Categories: Mortgage, Purchase|Tags: |

Maryland Does Its Part to Eliminate Student Debt for Hopeful Homeowners

Student loan debt is making it harder for Americans, especially younger ones, to become homeowners. Among individuals ages 24 to 32, homeownership fell from 45% to 36% between 2005 and 2014, according to the Federal Reserve. Sure, there are several different factors that play into the rate of homeownership — but the Fed noted [...]

By |2019-09-27T09:39:56-05:00September 28th, 2019|Categories: Mortgage, Purchase|Tags: , |

7 Ways to Speed Up Your Home Sale

If you’re like most home sellers, you want to minimize the time your property is on the market.  For one, showings and open houses are inconvenient. You have to leave your home at the drop of a hat, keep it clean 24-7, and let complete strangers onto your private property (and even into your [...]

By |2019-09-24T10:41:16-05:00September 23rd, 2019|Categories: Home, Mortgage, Purchase|Tags: , |

Moving from Renter to Homeowner? 3 Ways to Make the Transition Easier

So you’re finally making the leap. You’re getting out of the rent race, buying a house, and moving onward and upward. Congrats! Buying a home is a really big deal. It usually means more space, more freedom with your design and decor decisions, and more pride in your property.  But let’s not kid ourselves: [...]

By |2019-09-10T16:43:26-05:00September 11th, 2019|Categories: Home, Mortgage, Purchase|Tags: , |

Buying a Home Near Amazon’s HQ2 in Virginia? Be Prepared for Some Stiff Competition

When Amazon announced it was planning to build a second headquarters in North America, tons of cities put on their Sunday best and tried to woo the mega corporation. But, why? As Seattle Times columnist Danny Westneat put it, Amazon would undoubtedly be detonating a "prosperity bomb" in the winning city. He saw it [...]

By |2019-10-31T16:46:18-05:00September 8th, 2019|Categories: Purchase|Tags: , , , , , |

How Traditional Real Estate Commissions Have Changed (And What That Means for Buyers)

Though real estate agents have traditionally claimed between 2 and 3% of a home’s sale price, many of today’s pros are challenging this status quo, instead offering flat-fees, reduced commissions, and even commission rebates to homebuyers and sellers alike. The reason for this change of heart? It’s largely due to technology, which has allowed [...]

By |2019-09-04T11:34:58-05:00September 5th, 2019|Categories: Education, Purchase|Tags: , |

Single Female Homebuyers Are on the Rise: How to Help Your Loan App When Flying Solo

For the housing market, it’s all about the single ladies.  According to data from the National Association of REALTORS®, single females accounted for nearly one in five home purchases last year — double the share of their single male counterparts. The reasons vary, from later family formation to more income and education, but the [...]

By |2019-08-26T13:51:54-05:00August 26th, 2019|Categories: Mortgage, Purchase|Tags: , |