The benefits of downsizing to a smaller home Downsizing to a smaller home can be a major life decision, but it can also come with a variety of benefits. As people get older, they may start to consider downsizing to…
How Long Does It Take to Close on a Home? The journey of buying a home can be a thrilling, yet sometimes complex process. One of the most critical stages is the closing, which marks the official transfer of ownership…
FHA Loans – Who Qualifies? When it comes to homeownership, one of the greatest hurdles can be financing. Federal Housing Administration (FHA) loans present a viable solution, especially for first-time homebuyers and those with less-than-perfect credit. FHA loans, backed by…
What is a Mortgage Rate Lock? A mortgage rate lock is a way of booking or protecting your loan interest rate against fluctuations for a given period, usually 10 to 60 days. In other words, you strike a deal with…
How a Temporary Interest Rate Buydown Can Make a New Home More Affordable Mortgage interest rates are at a twenty-year high. Combine that with the recent run-up in home prices and the result is that many would-be home buyers have…
Navigating the Homebuying Journey: 12 Crucial Questions to Ask Your Mortgage Lender Introduction Embarking on the journey of buying a home is a significant milestone and requires careful consideration for informed decision-making. With over 20 years of experience as a…
How to Finance Closing Costs When Buying or Refinancing Your Home Closing costs can run into thousands of dollars and are often needed upfront to finalize a home purchase or refinance deal. The down payment alone can empty your life savings, meaning…
Maximize Your Home-Buying Power: Strategies to Boost Your Down Payment Buying a home is an exciting journey, but it often comes with its fair share of challenges, especially when it comes to saving for a down payment. The more you…
Home Mortgage: No Closing Costs No-closing cost mortgages first appeared when mortgage interest rates began declining from double-digit levels in the late 1980s. Since then, they have become one of the most popular options for home buyers, as well as…
Navigating the intricacies of real estate appraisals is a crucial skill for both buyers and sellers, especially in a dynamic market like North Carolina. Let’s dive deeper into understanding the appraisal…
