What Potential Homebuyers Need To Know About Buying Their First Homes

It is exciting to purchase a house for the first time, but this is also a major financial decision. Therefore, potential homebuyers need to make sure they are prepared. What do potential homeowners need to know about purchasing a home for the first time? Learn more about this process below.  Ask For Help From A Real Estate Agent First-time home buyers always need to ask for help from a real estate agent. A real estate agent can help someone identify potential issues with a home that might have otherwise been overlooked. A real estate agent can also make sure potential…
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Buying Property As-Is: How To Protect Yourself Accordingly

If you are looking for a home, your agent may tell you that a home is being sold as-is. This means that there may be major defects with the home that the seller is not willing to repair before offloading the property. As a result, their problems may become your problems if you purchase that property. How can you protect yourself during the sale? Look At All Disclosures Even though disclosure laws can vary significantly from state to state, the homeowner may be required to disclose certain problems to you. Real estate agents should always point out disclosures from sellers,…
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What Are The Requirements To Sell A Home Using An FHA Loan?

Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA's standards. FHA won't insure loans on just any property. While their standards aren't as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing. Location And Lot To qualify for FHA financing, the property has to be located on a road or easement that lets the owner freely enter and exit. The access also has to be paved with a surface that will work all…
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Getting Your Mortgage Application Approved As A Self-Employed, First-Time Homebuyer

A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone with traditional W2 income, these are obstacles that can be overcome. With the right qualifications and documentation, even first-time homebuyers who are self-employed should be able to qualify for the home loan they need. Lenders Assess Someone’s Ability To Repay The Loan First, lenders are trying to make sure the person will repay the…
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Keep Your Home Free From Clutter With These Helpful Unpacking Tips

The thrill of purchasing a new home is unparalleled; however, once you close on the sale, the dreaded unpacking process begins. You probably did not realize just how much stuff you had until you had to pack it all up. Worse yet, you need to unpack it when you get to your new home. If you don’t unpack intelligently, your new home could end up disorganized and full of clutter. With this in mind, how can you unpack without leading to a tremendous amount of clutter in your home? Get Rid Of Items You Do Not Need As you go…
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National Association of REALTORS Existing Home Sales Exceed Projections

According to the National Association of REALTORS®, existing home sales surpassed both May sales and expectations for June. Sales of previously owned homes increased by 2.60 percent in June and reached a seasonally adjusted annual level of 5.04 million sales. June's reading was the third consecutive monthly increase in sales of existing homes and was the highest reading for existing home sales in eight months. Existing home sales remain 2.30 percent below the June 2013 reading of 5.16 million sales of existing homes. Analysts projected sales of 5 million existing homes for June against May's initial reading of 4.89 million…
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Dos And Don’ts Of Buying Distressed Real Estate

Distressed real estate is real estate in need of serious repairs. These properties are often called "handyman specials." If you have the skill or the money to complete the repairs, you can often find great deals. Here are some dos and don'ts of buying distressed real estate. DO Get A Home Inspection Distressed homes need repairs. Some of these repairs, like broken floor tile, are easy to see. Others, like water damage in the attic, can be easily hidden. The only way to know for sure what you're buying is to have the property inspected by a professional home inspector.…
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The Green Thumb: Four Easy Ways To Get More From Your Home Garden

Growing a home garden creates beauty, oxygen and even food for our families to enjoy. If you're looking to get more from your home garden, here are four easy ways to improve a green thumb. A Good Foundation For Your Garden Good soil is the foundation of a healthy garden. By using quality soil, you can give your garden the best start possible. Adding a variety of organic matter to soil will give plants a happy home to grow in. Add two to three inches of organic matter to your garden bed at the beginning of each season. Compost, dried…
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Six Easy Ways To Protect Your Home Against Burglars And Thieves

Burglaries are a concern for many North Americans. Although some communities report more break ins than others, everyone should be aware of their home's safety and security. Protecting yourself and your home from thieves can contribute to a better quality of life. Know And Connect With Your Neighbors There is much to be said about knowing your neighbors. By establishing connections with the residents around you, you'll be better equipped to spot suspicious people. When neighbors look out for other members the community, they give thieves less opportunity to case homes unnoticed. You may consider getting your neighbors together to…
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How To Build The Ultimate Tree House For Your Children In Just Seven Steps

Building a tree house is a time honored tradition for many families. One of the benefits of having a yard is the ability to build a tree fort for your children. If you're planning to build a fun fort for your kids, here are seven steps to help you create the ultimate tree house. The Ultimate Plan For The Perfect Playhouse The best projects are often the most thought out. Sit down with your children and lay the plans for their tree house. Let them contribute their thoughts and ideas so they feel a part of the planning process. Although…
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