Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do better in school. But one of the biggest perks of homeownership is the opportunity to build …
If you’re thinking about buying a home this year, there are important things you can do right now to keep the homebuying process moving forward. From pre-approval for a mortgage to saving for your down payment, you can still work confidently toward homeownership. The first thing you need to do is Learn About the Process and How Much You Can Afford. The process of …
Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close on your home. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender. They will be able to tell you …
In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That concern seems reasonable considering the current condition of the economy. The data, however, is showing that home purchasers are still very active despite the disruptions American families have experienced …