Calculate Mortgage Insurance & PMI | Primary Mortgage Insurance & Loan
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Calculate Mortgage Insurance & PMI | Primary Mortgage Insurance & Loan

If you want to avoid paying private mortgage insurance or PMI, you’re not alone. Buying a home requires a large wad of cash and saving money where you can makes absolute sense.  Unfortunately, having enough funds for the down payment is among the biggest struggles of many first-time home buyers. After all, fifty-seven percent of…

Real Estate Inspection Contingencies | Home Purchase/Sell Agreement
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Real Estate Inspection Contingencies | Home Purchase/Sell Agreement

There is more to a home sale than the actual sale itself. Between listing the property and the actual sale, many things do happen. Two of the important yet often overlooked things occurring between the listing and the sale are contingencies and disclosures. While these two terms sound intimidating, they are easier to understand as…

Why You Should Get A Life Insurance Before Buying Your Home
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Why You Should Get A Life Insurance Before Buying Your Home

  You’re all set on making that big purchase. And it’s most likely the biggest purchase you’ll ever make. We’re talking about buying that dream home. This means more than just providing a roof over your head or a shelter for your family. Buying a home is a reflection of your achievements and that dream…

How to Qualify As A First Time Home Buyer
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How to Qualify As A First Time Home Buyer

How to qualify first time home buyer: Buying a home can be financially daunting especially if you’re a first time home buyer. But don’t despair—if you think you can’t handle the financial burden alone, there are various assistance programs available for you! In this article, we’ll help you know how to qualify, first time home…

Closing on a House: 10 Answers To The Most Common Questions About Your Closing Day
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Closing on a House: 10 Answers To The Most Common Questions About Your Closing Day

Finally, it’s the closing day. It’s the most exciting part of your home buying journey. You have everything ready to transfer the property to your name — we know it wasn’t easy. That dream home is one signature away from being yours.  At this stage though, the keys are not with you yet. There are still…

The 5 Steps To Get A Great Home Inspection For Buyers
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The 5 Steps To Get A Great Home Inspection For Buyers

While a home inspection isn’t required by law, most home buyers believe that it’s a crucial part of the home buying process. The outcome of home inspection reports has the power to close deals or cancel them. In 2018 alone, some 4,500 realtors admitted that home inspections were the second leading cause of delays or…

The 3 Most Common Title Issues When Doing Your Title Search
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The 3 Most Common Title Issues When Doing Your Title Search

You fell in love with a charming two-bedroom and its swanky kitchen. After negotiating with gusto, the seller finally accepted your offer. The seller happens to be a warm fellow who assured you that he has a clean title. You can’t wait to own this home but here’s the thing with buying properties — you…

Reviewing Your Closing Disclosure: It’s Easier Than You Think
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Reviewing Your Closing Disclosure: It’s Easier Than You Think

You have the loan approval and all you need to is close on the property.  But before you can proceed, you should wait for the Closing Disclosure. The Closing Disclosure or CD is a notice which details all costs related to your mortgage. Your lender should send it to you for review at least three…

8 Essential Facts Regarding Real Estate Purchase Agreements
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8 Essential Facts Regarding Real Estate Purchase Agreements

After the seller accepts your offer, it’s time to take care of more paperwork. At this point, you may also receive the real estate purchase agreement.  Real estate agents are familiar with real purchase agreements. But it may also be useful to have a real estate attorney you trust to go over the contract. By…

Why You Should Get A Mortgage Pre-Qualification Letter
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Why You Should Get A Mortgage Pre-Qualification Letter

Going to an open house and shopping for new properties is the fun part of home shopping. But if you are serious about buying a house, you should talk to a lender first. Even before looking for a new home, you should get a pre-qualification for a mortgage. If pre-qualification sounds foreign to you, here’s…

5 Interview Questions To Hire A Real Estate Attorney You Can Trust
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5 Interview Questions To Hire A Real Estate Attorney You Can Trust

Hiring a real estate attorney may not be a must in some states but talking to an attorney saves you from unnecessary stress and losses. At some point, it would be easier to talk to a lawyer before purchasing a home to understand the whole process. You may be surprised by all the unfamiliar legalese…

What Does a Financial Advisor Do: 8 Essential Facts About Financial Advisors
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What Does a Financial Advisor Do: 8 Essential Facts About Financial Advisors

What Does a Financial Advisor Do: 8 Essential Facts About Financial Advisors Buying a home sometimes produces a roller coaster of emotions, from eagerness and excitement to uncertainty and apprehensions. You might be somewhere in between. Researching on the home buying process is a good first step. Next thing you need to do is to…

5 Important Things to Consider When Going to Open Houses
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5 Important Things to Consider When Going to Open Houses

When searching for a new house, going to open houses is an experience that is both fun and enlightening. There is no better way for first time home buyers to immerse themselves in the home-buying journey than going to open houses. Whether you are eager on making that purchase, or just plainly starting out, exploring…

12 Steps to Guide First Time Home Buyers in New Jersey
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12 Steps to Guide First Time Home Buyers in New Jersey

First Time Home Buyer New Jersey A step-by-step process to guide you through your home buying journey in New Jersey, the Garden State Before anything else, congratulations! The fact that you’re reading this article means that you are on your way to finding and eventually owning a new home. We know that you seek to…

Can I Afford a House? How Can You Finally Find Out?
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Can I Afford a House? How Can You Finally Find Out?

Can I afford a house? That’s the question millions of people ask themselves every day. The first step shouldn’t be using a mortgage calculator or talking to a mortgage lender. The first step is to talk to a financial planner. These professionals need to understand your situation and goals. After looking into all those things,…