The real estate industry can feel like it has its own set of rules. With that in mind, I’ve brought you four homebuying etiquette rules that every buyer should know. Read them over and keep them in mind so that you feel prepared for when you’re ready to hit the market. 1. Get preapproved before
Coming up with the cash for a down payment can be a big hurdle for anyone hoping to become a homeowner. Most financial experts recommend aiming for a 20% down payment to avoid paying extra each month for private mortgage insurance. If you feel like it may be impossible to save up that much, you’re
Buying a house takes a lot of organization, careful thought and, of course, money. But if you’re serious about becoming a homeowner, you need to get prepared for the road ahead. Business Insider spoke to Dana Bull, a realtor with Sotheby’s International in Boston, and George Chedid, a realtor with Century 21 Barrood in Kendall Park,
Applying for a mortgage is arguably everyone’s least-favorite and least-understood part of the homebuying process. Nobody enjoys assembling the mountain of paperwork required for a loan application. But 90% of us need a mortgage loan to buy a house. So it behooves us to learn what prospective lenders really want to see in all the
You know you need to pay homeowner’s insurance when you purchase a home. And for good reason: that policy protects you should anything unexpected happen to your property. As expensive as homes can be to keep, maintain, and repair, the right home insurance is a great investment in your long-term financial security. If something goes
Buying a house is an exciting and sometimes slightly terrifying experience in many people’s lives. If you’ve never bought a house before, the process can be daunting. It’s fairly overwhelming to say the least! However, owning a home is a big part of the American dream. Once you close on the home and get settled