A Fixed-Rate Mortgage Keeps Your Payments Predictable With a fixed-rate mortgage, your interest rate—and your monthly payment—stay the same for the life of the loan, whether that’s 15, 20, or 30 years. This is ideal if: It’s the “set-it-and-forget-it” option that gives many buyers peace of mind. See what fixed-rate payments look like with our […]
1. Real Estate Agents Are Licensed Guides A real estate agent is licensed to help buyers and sellers navigate real estate transactions. They can show homes, write offers, negotiate, and support you every step of the way. However, agents must work under a licensed broker, who oversees the legal and ethical side of every deal.
It’s a hard question.But if you own property — or plan to — it’s one you have to ask: “If I pass away… who takes care of the home? Who gets it? Will my family be protected?” The truth is, owning real estate without a plan can create unintended stress, confusion, or even financial loss
For most Americans, a mortgage isn’t just a way to buy a home — it’s the most powerful financial tool they’ll ever use. But here’s what most people never realize:The wealth is in the leverage. When used wisely, a mortgage gives you access to something far more valuable than a house — it gives you
1. Look Past the Pretty — Check the Condition It’s easy to get swept up by stylish staging, but your first focus should be on the bones of the house. Keep an eye out for water stains, ceiling cracks, uneven floors, or outdated systems like old HVAC units or electrical panels. These could signal hidden
You’ve probably heard it a hundred times:“You need a great credit score to get a mortgage.” But what exactly is a “great” score?How much does it really affect your approval — or your interest rate?And what if your score isn’t perfect? Let’s clear up the confusion and give you the truth about how credit scores
When it comes to buying a home, misinformation is everywhere — especially when it comes to mortgages.Some of it comes from well-meaning friends.Some from outdated advice.And some… is just plain wrong. Let’s clear the air. Here are the three most common mortgage myths that hold people back — and the truth behind each one. Myth
1. The Perks (and Price) of New Construction New builds offer: Modern layouts and finishes Energy-efficient systems and appliances Customization options (flooring, cabinets, paint colors) They’re perfect if you want a move-in ready home with zero surprises. However, new construction can come with a higher price tag and longer timeline—you might wait several months before you can move in,
1. Apply for a New Loan, Just Like You Did the First Time Refinancing starts with a new mortgage application. You’ll provide updated financial information—like pay stubs, tax returns, and credit history—just as you did for your original loan. The lender will also order a home appraisal to confirm your property’s current value. Before you
1. Expect Rules on What You Can (and Can’t) Change When you buy in a designated historic district, your home’s exterior is often protected by preservation guidelines. That means: No major exterior changes without approval from a local historic commission You may need permits for things like window replacements, paint colors, roofing, or fencing Modernizing interiors? Usually allowed—but still check
1. Make a Strong, Strategic Offer Don’t guess—base your offer on market conditions and comparable sales in the area. In a seller’s market, you may need to come in at or above asking. But in a slower market, you might have room to offer slightly less. Either way, a strong offer shows the seller you’ve