Monday, October 21, 2019 / by Ryan Carlson
Making an offer on a house can be a very exciting – and very nerve-wracking – experience. Finding a home you love can be a challenging process. Waiting to hear back about your offer can have you on pins and needles. This is the point in the home-buying process where things get serious and the exchange of paperwork starts to escalate. In order to keep your cool during this wild ride, it’s helpful to know what to expect.
Choose a starting price
When you’re making an offer on a house, you must begin with deciding exactly how much to offer. You will need to consider local market conditions, your budget, and how motivated the seller is, among other things. Evaluate local comps, and take into consideration how competitive the market currently is. This will help you decide how close you need to be to the asking price.
Determine your contingencies
Contingencies are items that can change or terminate your offer. It is common to include contingencies about appraisal ...
Monday, December 24, 2018 / by Ryan Carlson
The holiday season usually brings with it additional expenses. In fact, if you’re not careful, you may discover that you’ve overextended yourself. Perhaps you’re wondering what would happen if you skipped a mortgage payment this month. While we don’t recommend missing a mortgage payment, it isn’t something that you can’t recover from. But you need to be aware of the consequences and the steps you should take to avoid penalties.
First of all, most mortgages have some type of grace period. This means that even if you are late with your payment, if it falls within the grace period you will not incur any late fees. Most loans have a 15-day grace period. If you’re unsure what your grace period is, check with your lender.
If you pay your mortgage after the grace period, you will likely incur late fees. These fees are based on the agreement you have with your lender and are calculated as a percentage of your ...
Friday, December 21, 2018 / by Ryan Carlson
Is selling your home on your to-do list for 2019? While selling a home can be a big undertaking, it’s much easier if you strategize and set goals. If you’re planning to put your home on the market in the next few months, why not use the New Year to help you get started? Here are seven New Year’s resolutions to make if you’re selling your home next year.
Resolution #1: Make repairs
If you want to list your home in 2019, then make the resolution to finish minor repairs. It’s easy to let small jobs fall off your to-do list. But it’s essential to tackle them before potential buyers view your home. Patch holes in drywall, fix leaky faucets, and replace burned-out light bulbs.
Resolution #2: Clean and de-clutter
When you’re selling, you want potential buyers to be able to imagine themselves in your home. Help them by cleaning, de-cluttering, and de-personalizing. Go through your belongings and purge what you no longer need or ...
Friday, December 14, 2018 / by Ryan Carlson
Is buying a home your New Years resolution for 2019? Are you unsure where to start? While buying a home can be a complex process, there are steps you can take now so that you’re more prepared when the time comes. Here’s how to get yourself ready (and excited!) to find your dream home in 2019.
Check your credit report
If you’re planning to finance your new home, then you’re going to need to apply for a mortgage. Mortgage lenders rely on your credit report to establish the terms and interest rates for your loan. For this reason, it is imperative that you request a copy of your credit report well before you apply for a loan. You can find out your credit score and take steps to improve it over the coming months. You’ll also see if there are any errors on your report, which will give you time to have them removed.
Pay down your debt
Taking on a mortgage is a big financial responsibility. As much as possible, you should begin paying dow ...
Monday, December 10, 2018 / by Ryan Carlson
Are you feeling a little overwhelmed this holiday season? If you’re buying or selling a home now or in the near future, then you may not have the time or energy to get into the holiday spirit. Not to worry -- you can still make your home feel festive with much less effort than usual. Here are some of the best ideas we’ve found to quickly and easily decorate your home this holiday season.
If putting up a Christmas tree is not in the cards for you this year, there’s no reason you can’t still enjoy your ornaments. There are several ways to quickly and easily create a beautiful display with your favorites. Choose a large bowl and arrange a handful of gold and silver ornaments inside to make an elegant and effortless centerpiece. You can also use several small lengths of ribbon to hang ornaments inside a window where they will catch the sunlight. For some extra sparkle, tuck a few glass or metal ornaments on a plate with pillar candles ...