Posts in category 'Buy A House'
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Prep Your Klamath Falls Home for a Puppy
If you're like most of us who can't resist adorable, cuddly creatures, you'll love National Puppy Day on March 23. This special day brings awareness to orphaned and abandoned puppies that need homes. Before National Puppy Day arrives, our real estate agents encourage you to adopt a puppy that will fill your home with laughter and love.
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Furnish Your First Home No Matter the Budget
Buying a new home will put a significant dent in your budget. Regardless of how large or how small the funds you have set aside, some steps our real estate agents recommend will help you stretch your budget and ensure that the most important furnishings don't get forgotten when you move into your new home.
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Starting Out: What to Look for in Your First Home
Buying your first home can be both exciting and a bit overwhelming. You want to choose a home that perfectly suits your needs. So, just what do you look for in a first home? Our real estate agents have guided numerous first-time buyers through the house-hunting process, and they have a few suggestions.
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Buying and Selling a House: Bridge the Gap
When you move from one home to another, there are always bumps in the road. Sometimes, the road goes out, and you need a bridge to get to the other side. Bridge loans are short-term loans that give you access to cash that you can use to make the transition a little smoother. Our real estate agents often help clients who use bridge loans to pay off existing debts, finance their new home, and other things. There are advantages and disadvantages to bridge loans, and buyers should fully understand the benefits and drawbacks involved before applying for the loan.
Bridge Loan Basics
Bridge loans are short-term, with most having repayment periods of between six to 12 months, but some can extend to two or three years. These loans are typically used by homeowners who wish to purchase a new home before their current home is sold. Homeowners can tap into their equity to secure a down payment, remodel the home they want to purchase, and cover expenses until the house sells.
12
Buying a House Step by Step
The internet is full of articles about the number of steps necessary to buy a home. They make it sound as if you can sit in front of your computer for an hour in the morning and go house shopping in the afternoon. This is likely the largest purchase you have made in your life, and if you haven't done your homework, can be a very stressful experience. Our real estate agents want you to enter the process with a clear vision of the path before you and the confidence to know that with their help, you can navigate it.
- Are you ready to buy a home?
Readiness includes good work history, steady income, a good credit score, a working budget, and savings. If you have no idea how to create a budget or calculate your credit score, you're in good company. More than half of Americans have no idea how much money they spent last month. They think of budgets like they do diets: One more set of rules to control you. But in truth, a budget is a roadmap to your ultimate goals, and there is no shame in asking for directions along the way. HUD offers several opportunities for first-time home buyers to get the information they need online and with a housing counselor. A counselor can help guide you in creating a budget and answer your questions.