May 29, 2020

Get the Most from Your Real Estate Inspection

Once you have found the perfect home to suit your lifestyle and budget, the next step will be to make an offer to the buyer. Before you finalize that offer, however, you need to make sure the house you are thinking about buying is the sound investment that you believe it to be. Whether interested in Maryland luxury homes or Katy real estate, no matter how beautiful the home may appear from the … [Read more...]

Dispelling Common Home Buying Myths

Owning Your Own Home May Be More Realistic Than You Think Knowledge is power, particularly if you are striving to afford your first home. The homebuying process has many myths, though. For instance, you don’t have to put 20% down, you don’t have to have perfect credit, and you don’t have to accept a high interest rate or junk fees. REALTORS® are committed to dispelling these myths and … [Read more...]

When Checking Out A House, Leave Your Emotions At Home

Homebuyers often follow their hearts, and they should. Sometimes just going with a gut feeling is the best indicator. But when it’s house-touring time, it’s important to set those emotions aside and replace them with clear-headed thinking and a critical eye. Otherwise, your potential dream house might just turn into a money pit. Although you should always hire a professional inspection before … [Read more...]

Questions Buyers Should Ask A Mortgage Lenders

There is a lot more to the mortgage process than getting a good rate. High costs in fees and poor service can come as very unhappy surprises. How to determine which lender is right for you? Here’s a list of suggested questions you might ask a lender: How large is your company, and how long has it been in business? Are you a licensed mortgage broker or loan officer in Texas? Is your … [Read more...]

How Much Does That Home Really Cost?

A $200,000 home costs more than a $185,000 home, right? Well, yes and no. Assuming the same type of financing for both homes, the $200,000 home does cost more initially. But many factors contribute to the overall long-term cost of a house. Here are some things to keep in mind when trying to determine the true cost of purchasing a particular home: Does it have a pool or hot tub that requires … [Read more...]

How To Secure Home Financing The Smart Way!

Three elements are crucial to the purchase of a home—the down payment, closing costs, and qualifying for a mortgage. Here is a quick rundown of what you should know: Down payment Typically, conventional lenders will require a 20% down payment, although you may be able to find loans with down payments of as little as 5% (perhaps less in some cases). With down payments less than 20%, you likely … [Read more...]