Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...

40% of all homebuyers report that buying a home is one of the most stressful events in their lives. There are many sources of stress, but the more prepared you are, the better you’ll be able to handle them. Here are some tips for handling the most common stresses of buying a home: Find the Right Real Estate...

The new construction home-buying process differs from the buying process for an existing home. While many of the steps are similar, new construction homes come with more specific requirements. Here is a basic step-by-step guide to the buying process for a new construction home: Create a budget With new construction homes, you have to account for your ongoing...

You've gotten an offer accepted on your first home. The appraisal and inspection came back fine. Now, all that's left to do is eagerly await your closing date. This is the day when you will sign all the paperwork that makes your first home purchase official! So, what should you expect as you prepare for this big day?...

Whether you’re planning on buying investment property or a new home, there are financial factors to consider. Knowing the details of your financial situation will help you make the best decision and help avoid unnecessary stress. If you’re trying to decide between renting and buying, here are some of the main financial things to go over: Savings Most...

When buying a home, you can either build a new residence from scratch or buy an existing home already built. This can be a tough decision to make. Here are a few pros and cons of each to help you move forward with your decision. Buying an Existing Home There are several advantages to buying a home that’s...

Photo by Stux via Pixabay Although popular reality television shows make house flipping seem like a relatively low-risk endeavor, nothing could be further from the truth. It would be more accurate to call the business of house flipping “high risk, high reward.” The risk factors involve losing substantial sums of money when a fix-and-flip runs over budget or...