Home Ownership

Slash Your Home Energy Bills With These Simple Tips

Slash Your Home Energy Bills With These Simple Tips
It’s easy to underestimate the amount of energy you use on a regular basis, which can spike your bills fast. With a little creativity and the right management skills, you can find plenty of ways to lower your expenses. Check out these tips that can help you slash your home energy bills and leave more room in your budget...

Programs to Help You Afford Home Ownership

Programs to Help You Afford Home Ownership
Homeownership can seem out of the realm of possibilities for many of us. The struggle of coming up with a down payment and getting approved for a mortgage can seem insurmountable by itself. Add in mortgage payments and paying for repairs, and homeownership might feel downright impossible. But it’s not. Check out these programs that can help. First-Time Homebuyer Programs If...

This Zero-Down Mortgage Could Let You Escape the City

This Zero-Down Mortgage Could Let You Escape the City
Tired of being in that loft apartment? High rent can make it hard to save up enough for that hefty down payment, making the hope of living in the country and breathing in the fresh air seem out of reach. But there is another option, the USDA Rural Development Loan. There’s no down payment required for qualified applicants. Find...

What to Expect From Your Home Inspection

What to Expect From Your Home Inspection
Getting ready to put your home on the market? The first step is getting it ready to sell and contacting a realtor to list it. But before making that call, think past the cosmetic value. Sure, the home looks great and has tantalizing curb appeal, but you’ll need to offer more than that. This is done with a home inspection....

5 Programs to Help You Afford Home Ownership

5 Programs to Help You Afford Home Ownership
The reality of buying your first home may seem out of reach, especially without a significant down payment. Don’t throw those dreams out the window just yet. There’s an abundance of different programs to help qualified individuals afford home ownership. Here are five to check out. HomePath ReadyBuyer Program This program helps individuals achieve the goals of home ownership by providing...

Low Down-Payment Mortgage Options

Low Down Payment Mortgage Options Making Homeownership Attainable
Coming up with a sizable down payment is perhaps one of the most frustrating barriers to homeownership. A clean credit history and decent income should be enough, but in some cases, it isn’t. Many conventional lenders require as much as 20% down, which can be difficult for many families to come up with. Fortunately, there are other options that...

Does an HOA Really Raise Home Value?

Does an HOA Really Raise Home Value?
More than half of owner-occupied households are located within the jurisdiction of a homeowners association (HOA) --- that’s 40 million households. In exchange for a monthly fee, homeowners enjoy a regulated standard of living as well as access to common amenities, such as enhanced street lighting, cleared walkways, community pools and clubhouses. While there’s no doubt HOAs can make...

What is an Owner-Carry Mortgage?

What is an Owner-Carry Mortgage, and How Do You Find One?
Do you need a stellar credit score and 20% down to purchase a home? Not necessarily. Home-finance options aren’t one-size-fits-all. There is a multitude of financing options geared toward meeting the needs of potential homebuyers, regardless of their credit situation and individual circumstances. One such option is the owner-carry mortgage. What Is an Owner-Carry Mortgage? An owner-carry mortgage, also called seller...

Money-Savvy Home Ownership Benefits

Money-Savvy Home Ownership Benefits
Homeownership has many benefits. Just ask the 64% of U.S. residents who own their own home. In addition to having a place of their very own to call home, homeowners enjoy major tax deductions each year while building wealth through equity. You too can take advantage of these benefits. Major Tax Deductions Want to lower your tax bill? Purchase a...

Why Buying a Home Is Investing in Yourself

Why Buying a Home Is Investing in Yourself
A home is often the biggest investments of a lifetime. Whether you’re looking to stay there for the next 30 years, or it’s just a quick flip as an investment property, many people view the goal of home ownership as creating a solid nest egg. But there’s more to it than that. Leaving the Rental Trap Behind The biggest benefit of...