“How many bedrooms do you want?” It’s one of the most basic questions you’ll answer as you begin your home search. Although the question seems simple, your response will require careful consideration. The average home size has nearly doubled since the 1950’s, resulting in some buyer’s need for more bedrooms and more square footage. However,…
An annual survey released by the National Association of Realtors showed that 65 percent of homes purchased in 2014 were bought by married couples, 16 percent by single women, 9 percent by single men, and 8 percent by unmarried couples. These numbers have remained relatively unchanged over the years with the exception of a slight…
While searching for the perfect home, one of the very first questions that most lenders, realtors, and/or sellers will ask concerns the percentage of down payment. What is a down payment, and why is it important? Quite simply, the down payment is the amount of cash the buyer will put towards the transaction. A higher…
There are many things that you can change about a home. You can renovate just about everything on the interior. You can alter much of the exterior. You can even demolish the home and build all new. The one thing typically out of your control is the home’s location – specifically its location in proximity…
Money: it’s probably the biggest thing on your mind when you start considering the purchase of a new home. As you crunch the numbers, it’s important to not just fixate on the mortgage payment but consider a few other items that will round out your new budget. First things first, your mortgage payment is made up of…