Individuals with large amounts of student loans may feel like this debt will prevent them from becoming homeowners. Fortunately, your dreams of home ownership and your student loans can peacefully coexist. Here are a few tips for buying a home when you have a lot of student loan debt. 1. Keep Your Debt-to-Income Ratio in Line One of the guidelines lenders use when deciding to approve a mortgage is the borrower's debt-to-income ratio.
6 December 2018
When you find a home that you want to buy, your real estate agent will help you write up an offer to the seller of the house. When the seller receives the offer, he or she could accept or reject the offer, but in most cases, sellers will counter the offer. A counteroffer is simply a way for a seller to say they are not turning your offer down but are changing some of the things you offered.
25 September 2018
At first glance, the decision to purchase a vacation home may seem like an extravagant purchase. In reality, however, a vacation home may actually be a good investment and capable of helping to pay its way. If you would love to own a vacation home but not sure you can afford to do so on your current income, the following information can help you explore some very real ways to make it happen.
8 August 2018
When you're used to renting an apartment for most of your life and want to make the next move towards owning a home of your own, it becomes important for you to get familiar with some of the costs associated with buying. While it can be easy to see the listing price and assume that you can comfortably afford the home, it's important that you also factor in some of the other costs that may not be so obvious to somebody that's used to rentals.
16 May 2018
If surveyed, most first-time homeowners would likely admit to dealing with some level of fear or anxiety during the process of buying their home. Part of the reason for this type of stress usually involves the fact that buying a home typically involves taking on up to thirty years of mortgage payments, as well as the responsibility of maintaining the home and making any repairs and updates that may be needed along the way.
9 March 2018
If you are looking for a farm to buy you need to be careful when you make your choice. This is because there are some things you need to check before you make a large purchase like this. Two of these things are checking the soil to ensure it is healthy and checking the boundaries of the properly. If you need help doing this, talk with your real estate agent and they can get you in touch with the right professionals.
9 January 2018
When you start looking at real estate for sale, you will come across all sorts of options such as condos, townhomes, multi-story homes, and single-story houses. Each one has their own pros and cons, but you will benefit from picking one and using that to guide your house hunting. A single-story house has a few advantages over a multi-story home that you should consider so that you know the final decision will be the greatest benefit to your family.
20 December 2017
When you start looking a thomes for sale, you may focus on the structure of each house as well as the potential for additions. For instance, a property with a small lot and yard means you will not be able to expand the home unless you are willing to build a second or third story. To make the right purchase for your family and to ensure you can make future additions, you should think about what you would like to add or build after owning a home for several years.
26 November 2017
If you are at that point in life where it's time for you to buy a home then you'll need to start off by knowing just what you want. The better understanding of what you want, what your choices are and the different considerations some bring, the better your odds of buying a house that is everything you had hoped for and more! New construction homes – There is something romantic about going out, picking your perfect lot and having your home designed to your exact specifications.
10 November 2017
In the world of real estate, spring and summer are considered optimal times for selling a home. This is because of a number of reasons, including the more comfortable weather, longer daylight hours for viewing homes, and the fact that most families with children find it easier to move during summer breaks from school. But even though these reasons are significant, a fall or winter home sale can still be very successful, especially if the seller chooses to do the following things before putting their home up for sale.
23 October 2017