As-is sales are becoming increasingly popular in the real estate market – but are there any risks involved? In this article, we’ll delve into the topic of as-is sales and explain the risks, benefits, and more associated with this type of transaction. What is an As-Is Sale? An as-is sale refers to a real estate... View Article
In this article, we will explore the answer to the question, ‘Can I use my 401k to buy a house” and what will happen if you do.
As you’re starting the process of buying a home, you may be wondering how long everything takes. Specifically, you may be curious about how long the home loan approval process takes. Don’t worry, we’ve got you covered. In this article, we’re going to highlight how long it takes to get approved for a home loan, as well as what you’ll need before starting the process.
Your debt-to-income ratio, or DTI, signals your ability to repay a loan to your lender. A higher DTI means you carry too much debt compared to your monthly income, which could pose a greater risk to your lender.
When it comes to real estate transactions, there can be many unknowns for both the buyer and the seller. The solution? Home inspections. Home inspections are popular in real estate because they uncover and resolve property issues prior to the final sale. For buyers, knowing about any structural issues in advance is a huge advantage that... View Article
Inheriting a house with siblings means that each person owns an equal share of the property. While you and your siblings can continue to share ownership of the inherited house, refinancing is another option worth considering. Follow this guide on how to refinance an inherited property to buy out heirs.
With today’s competitive market moving faster than ever, it can be easy to fall in love with a home too fast or cut corners in favor of a better offer. Our advice? Don’t. Before you close the deal, make sure everything is in check – and especially be aware of your home inspection contingency clause.... View Article
Buying land and building your ideal home sounds like a dream, but there are several key things to investigate if you want to know how to get a land loan. Unlike construction loans, land loans are an option if you want to own the land and build it at a later date. However, land loans... View Article