Did you know that the average size of a home in the United States in the early 1950s was less than 1,000 square feet? Today the average U.S. home has more than double that amount of space.
For many home buyers, bigger is better. But does your... (Read More)
Do you feel like the mortgage industry has a language all its own? You're not alone. Surveys show that many consumers get frustrated with all of the unfamiliar terms, acronyms and phrases that are part of the mortgage application process. Here are... (Read More)
You want to buy a home, but you don't have a 20 percent down payment saved. Good news! In many cases, homebuyers don't need that much money to buy a home. But you're going to have to set aside some money for a down payment. How much? And how can you... (Read More)
In the market for a new home? Purchasing a home is definitely something most people don't do very often. So it's easy to make mistakes. And when it comes to home buying, mistakes can be costly. Here are some of the most common errors made by... (Read More)
How much of a downpayment do you need to buy a home? Less than you might think! Many people believe that in order to purchase a home, you need a 20% downpayment. Studies show it's one of the most enduring home buying myths.
In reality, the median... (Read More)
Do you understand the difference between a property appraisal and a home inspection? Surveys show that many homebuyers - even those who have purchased homes before - have some level of confusion about these two key aspects of a home... (Read More)
Considering how hectic each day can get, home maintenance may be the last thing on your busy mind. But keeping your home in shape from top to bottom is important. Upkeep is critical to your home's longevity - no matter what its current age. Regular... (Read More)
What are you looking for in your next home? A big yard? A top-rated neighborhood school? A great space for a home office? A short commute to work? The National Association of Realtors surveyed home buyers nationwide on the home features that are... (Read More)
If you’re uncertain if you can meet the standards necessary to secure a conventional mortgage loan, a Federal Housing Administration (FHA) loan might be the right choice for you. It’s a mortgage product backed by the government, which helps... (Read More)