buying

9 Tips and Tricks for Winning a Bidding War

If you’re buying a home in a hot market or you’re just eyeing a super in-demand property, you very well might find yourself in a bidding war, competing with dozens of other offers, buyers and, in many cases, even investors. Fortunately, a bidding war doesn’t necessarily mean you’ll lose the property — nor does [...]

By |2019-07-29T12:43:46-04:00July 29th, 2019|Categories: Purchase|Tags: , , , |

Are You Ready to Be a Homeowner? 6 Questions to Ask Yourself

So you’re tired of the rent race. You’re sick of throwing money into the proverbial hole, and you want to start paying your own mortgage — not your landlord’s. But are you really ready? You see, there’s more to owning a home than just making a mortgage payment. Buying a house means constant repairs [...]

By |2019-07-22T10:40:19-04:00July 22nd, 2019|Categories: Mortgage, Purchase|Tags: , |

What Does it Mean When a Home is Under Contract?

If you’ve been actively searching for a home, then you’ve probably seen the term “under contract” or “pending” on a listing before. But what does it mean? And does it rule the home out completely? That depends. Generally, “under contract” means another buyer has put an offer on the home, and the seller has accepted. [...]

By |2019-07-01T14:29:38-04:00July 1st, 2019|Categories: Purchase|Tags: , |

First-Time Homebuyers, Don’t Skip This Super Important Step

Working with a great real estate agent, getting pre-approved for your mortgage, and organizing your financial documentation early are all important — and well-known — steps for first-time homebuyers. But there’s also a lesser-known must-do for first-timers that’s not as highly publicized: seeing your potential home at all hours. You see, touring a property [...]

By |2019-08-26T23:07:50-04:00April 12th, 2019|Categories: Advice, Purchase|Tags: , , |

Pre-Approval vs. Pre-Qualification: How Are They Different?

If you’ve done even the smallest amount of research on buying a home, then you’ve likely seen the words “pre-qualified” or “pre-approved” thrown around — especially if you’ve started vetting lenders. Though the two terms might sound quite similar, pre-qualification and pre-approval are not, in fact, one and the same. Is buying a home on [...]

By |2019-04-08T16:54:30-04:00December 18th, 2018|Categories: Financial, Purchase|Tags: , , , |

Best Kept House Hunting Secret: 9 Reasons to Buy in the Off-Season

You hear a lot about buying a home in the spring and summer — the so-called “hot” times to buy. But what few home buyers know? Buying in those times actually might work against you. With more competitive, higher prices and less available agents, lenders, and other vendors, buying in prime time might not [...]

By |2019-08-22T10:42:48-04:00December 17th, 2018|Categories: Purchase|Tags: , , |

5 Creative Ways to Save for a Down Payment

The need to save for a down payment has become one of the biggest hurdles for today’s home buyers. Faced with rising home prices (meaning a larger down payment is required), plus surging student loan debt, many buyers can barely save at all — let alone enough to buy their dream house. So what do they [...]

By |2019-08-06T08:30:30-04:00September 26th, 2018|Categories: Budget, Financial, Purchase|Tags: , , |