When historically low home prices meet historically low mortgage rates – what do you get? You get a very affordable home.
While VA mortgages have more relaxed guidelines than other mortgages, there are some requirements specific to VA loans, like wood-boring pest inspections.
You think you’ve found the one – the one you’ve dreamed about, the one that’s made for you, the one you could conceivably spend the rest of your life with. You think you’ve found your first home to buy. But even though you think you’re ready to take the plunge and buy your first home, how do you know it’s the right time to say “I do?”
The pros and cons of buying a for sale by owner home will shift depending on whether you get your information from an agent or a FSBO organization.
Buying a home is a huge commitment and you certainly don’t want to get one in an area that looks perfect on the outside but really isn’t.
The housing market is looking good for the next month, and beyond according to the Kudlow Report on MSNBC. Read more for a breakdown on why this good news is happening.
Bungalow homes became popular choice for many first-time homebuyers or homebuilders because they’re small and utilized local materials, which made them extremely affordable. It’s easy to see why these homes are all over the U.S. and became one of the most popular home styles in the nation.
One of the requirements of receiving a VA loan is that you must have an appraisal performed on the property. What does this mean for you? If you are a first-time homebuyer, or if this is your first VA loan, the idea of getting an appraisal can be daunting. But, if you remind yourself that the appraisal process is there to protect you, the buyer, from paying more than fair-market value for your home, then it actually becomes quite painless.
It’s another sign the U.S. housing market is in a full recovery. This is really shaping out to be the real McCoy. Today, U.S. News and World Report noted that the month-to-month change in housing sales was the highest increase since July 2008.
While these unconventional home building materials may seem off the wall, they’re becoming more and more common. As recycling and sustainable living increases in importance, how we view scrap materials changes.