Posts from: Information for Buyers

Home shopping? For first-time homebuyers it's an exciting, albeit nerve-wracking, experience. If you're like others in the market for their first home, you probably have in mind exactly how your soon-to-be home will look.But it's important not to fall into the bad…

Question: I have been renting the same townhouse for the last six years. My landlord now wants to sell the property and he has asked if I want to buy it. He is offering to sell it to me for $220,000, which I think is a great deal. I have a good salary, good credit a nd a…

Before you begin house hunting, create a realistic "shopping list" to narrow your search. Looking for a home can take time, especially if you have not focused on what is most important.Create a "wish list" and a "must have" list. Many people focus more on "wants" than…

Some people like the flexibility that comes with renting. When you rent, you can live in a neighborhood for as little or as long as you want. You're also free of most maintenance responsibilities – your landlord usually handles repairs. Of course, there are many other…

While everyone would like to live the American Dream of buying and owning a Home, it is important to understand all the costs involved in buying and owning a home. Many potential buyers sometimes forget to factor in the down payment, homeowners insurance and the possibility…

When you look for a mortgage, lenders will review your credit report. Your credit report is a history of how you have managed your finances and repaid debt. It provides information on money you have borrowed and a history of your payments. Your credit history is pulled…