After going bankrupt, buying a home can seem pretty impossible. Bankruptcy can temporarily ruin the dreams you had of buying that home you’ve had your eye on. Going bankrupt will prevent you from being able to borrow money or use a credit card. Because of this, your credit score can be drastically lowered which is not good if you wanted to begin the process of… Read More
As if buying a home wasn’t stressful enough, it can be even more stressful when you have a history of bad credit. Unfortunately, we can’t help what has happened in the past. Many of us go through financial struggles at one point or another. Just because you have bad credit in your past doesn’t mean you can’t make up for it. Making up for bad… Read More
The housing market is becoming flooded with millennials looking to buy their first home. While many people, no matter their age, probably look for some of the same things in a new home, there are some things that the younger generation specifically look for. If you’re looking to sell your home you can be sure to appeal to the millennials with any of the following… Read More
The holiday season might seem like the worst time to buy a house what with the stress of the holiday parties and all of the holiday shopping. With some organization and planning, the purchase of a new home towards the end of the year can be done smoothly. Even with the winter weather and the holiday stress, considering buying a home at the end of… Read More
Two important things happen when you sign a mortgage. The first is a long term commitment to your new property, the second is the massive amount of paper work you are about to sign. But lets be honest, even if you read every document, the chances that you understand everything is slim. So whether you understand everything or perhaps still feel unclear, here are four… Read More
Things you need to know about the new rules within the Mortgage Disclosures Rule Back in 2010 The Dodd-Frank Act mandated the combination of the Truth in Lending Act (TILA) loan disclosures with Real Estate Estimate and HUD-1 settlement statement disclosures. How Will This Happen: The Consumer Financial Protection Bureau an entity created by the Dodd-Frank Act, issued a new TILA final regulation that, among other… Read More
If you are a smart consumer, which we are guessing you are. Then you have probably heard of getting a home inspection. Its like going the extra mile in the research phase before making any major home purchase. So why do home inspections matter and are they worth the cost? Reason #1 Home inspections matter because they have the ability to uncover any secrets of… Read More
Depending where you live the market has done two things: It has either recovered from pre-bubble numbers or it hasn’t fully recovered. Unfortunately, if your market hasn’t recovered, its hard to predict if it ever will. However the fallout from the recession is not the reason prices in your area are possibly still down. Real Estate is an extremely hard trend to predict, and even… Read More
As we enter the dog days of August in Ohio. The real estate market is in full swing and not having central air in your home can have a couple of effects on your selling price. While it is matter of opinion if central air is a luxury or not, it won’t be your opinion that counts when trying to sell your home. Some might even… Read More
Appreciation plays a pretty significant roll in buying a home. But instead of just telling that you why you should care, lets understand what appreciation is in the first place. Appreciation – An increase in the value of an asset over time. The increase can occur for a number of reasons including increased demand or weakening supply, or as a result of changes in inflation or… Read More