How to Budget for a House

How to Budget for a House

Buying a new house is no small purchase, and if you’re in the market for one, you may have to consider tightening the strings on your bank account in preparation. In addition to the costs of purchasing a new home, you also have to be ready for the expenses that...
Credit Scores: How Do They Work?

Credit Scores: How Do They Work?

When you applied for your first apartment, you may have recalled being told you’d have a credit check run on you. At the time, the concept was probably foreign, and as the years passed and more and more events required looking into your credit score, you probably...
How Home Appraisals Work

How Home Appraisals Work

Getting a home appraisal is a vital part of the home buying process. When a borrower goes to purchase a home, their lender uses an appraisal to determine whether the house their borrower wants to buy is worth the cost. In short, an appraisal is an estimate made about...
Mortgage Insurance 101

Mortgage Insurance 101

Let’s talk mortgage insurance. Navigating the world of home buying may seem like a labyrinth. With all the different loan options available, plus the other multiple, possibly confusing steps in the process, it’s conceivable you might not even be aware of the...
How to Negotiate Your Home Purchase Price

How to Negotiate Your Home Purchase Price

For a first-time homebuyer, the thought of purchasing a home by itself can be terrifying. It goes without saying, then, that negotiating the price of a house can be ten times as terrifying. Not to worry, though: If you aren’t familiar with the market, you’ll have...