Are you really ready to buy a house? Becoming a #homeowner is a big step, and before you take it, you want to make sure your credit rating and income are high enough, the neighborhood where you want to live is a good investment and that you’re really ready to settle down since most experts recommend not buying if you don’t plan to live in the house for at least five years. You’ll also want to make sure you’re ready to handle the situation if something breaks since you won’t have a landlord anymore. If everything checks out, though, get started house hunting!
Read MoreYou’ve heard the term “closing costs” about buying a home, but what are they? Well, they cover everything from home and pest inspections to appraisals, various professionals’ fees and deposits, and mortgage #insurance. There are a LOT of moving parts when it comes to getting a mortgage, and you get to pay for all of them! There are “No closing costs” mortgages, but they generally just roll all the expenses into your loan, which isn’t a good idea in the long run. Save money by closing at the end of the month and asking the seller to cover some of the charges!
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