When you’re in the market to buy a home there are several expenses to consider. Often times, potential buyers will focus on the purchase price and upfront costs. While it’s important to consider both of those expenses, it’s also necessary to consider the monthly costs of owning a home. Some of the costs will be…
College graduates this year are the most indebted class of students yet. According to a recent article in the Wall Street Journal, the average student will graduate with just over $35,000 of student loan debt. Just ten years ago it was approximately $20,000. Additionally, starting wages have increased, but if you adjust for inflation it’s…
Purchasing real estate is one of the best long term investments you can make. Regardless of age, marital status, or socioeconomics, it’s worth your consideration. Although the stereotypical first time home buyer is believed to be a young couple with a baby on the way, more and more single people are contemplating home ownership. If it’s…
If you’re a potential home buyer, chances are, you will come across a foreclosed property or a short sale during your search. Most buyers want to know the difference between the two and whether or not either is worth pursuing. The only commonality between a foreclosure and a short sale is that a bank (or…
If you want to purchase a home and you need to finance the purchase, one of the most important factors in obtaining a mortgage is your credit score. The home buying process actually begins a long time before you’ve picked the home of your dreams. It starts with getting pre-approved by a lender and that…
Finding the perfect home can be a tedious task. It’s easy to focus on items that are “must haves,” but in order to effectively eliminate homes from your list, it’s worthwhile to recognize items on your “do not want” list. Some of the things that you “do not want,” may be equally as important as…