Many people assume they’re not eligible for first-time homebuyer incentives because they have owned property in the past. This is not necessarily true! If you have not had an ownership interest in a house in the past 3 years, you…
Buying a home can be a complex process, and there are several fees and costs involved that potential home buyers need to be aware of. One of the fees that home buyers may encounter is an option fee. Let’s explore…
When purchasing a property, an earnest money deposit (EMD) is a common requirement that buyers should be aware of. This deposit is typically made at the beginning of the home buying process and serves as a show of good faith…
Getting cleared to close on a mortgage can be a long and stressful process, but there are several things you can do to expedite the process and get cleared to close faster. Listed below are some of the steps you…
As a homeowner in Houston, Texas, it’s essential to understand the various components of your property taxes. These taxes are a significant source of revenue for local governments, and they help fund essential services like schools, roads, and public safety…
Lowering your debt-to-income (DTI) ratio isn’t just a good idea—it’s the financial equivalent of eating your vegetables. It may not always be fun, but it’ll keep you in tip-top shape when it’s time to apply for a mortgage. Lenders care…
Thinking about selling your home? While each local area can vary (and a great real estate agent can help you learn about the specific trends in your community), there are a few times each year when home sales tend to…
Mortgage approvals are all about documenting everything that is listed on your application and possibly other items the underwriter may find after reviewing your loan file. There are standards for the requested documentation such as format, clarity of documents, and…
You may think that the first step to buying a home is to make an offer. While that is an exciting milestone, there are plenty of things you need to consider and do before you are ready to sign on…
If you’re getting ready to purchase or sell a home, you’ve probably considered working with a real estate agent. These professionals have specialized knowledge not just about the buying and selling process but also about what to expect in your…
