Your house searching probably began online, browsing listings to see what is available and what they cost. If you’re looking for a competitive edge, you’ve come to the right place. Consider this: the average home buyer will spend over four months house searching before they actually buy. During that time you will compete with other home buyers to get the house you really want. To keep you from wasting time looking at less than desirable houses, and get you ready to take action when you find the right house, here are four important house searching tips to help you beat out other home buyers.
As you begin the home buying process, one of the questions your real estate agent will ask is, “What are you looking for in a home?” It seems like a simple enough question, but there are many variables to consider. Knowing what to look for when buying a house, allows you to narrow down your house search. It will save you valuable time and help you find the right house for you and your family. The best exercise is to download the Homes for Heroes home buying checklist and follow this 3 step process.
You’ve heard it before; location, location, location. When deciding where to purchase a house, the location should play a big part in your decision-making. The first thing to decide is what city or town will be the best for your new home, then you can start drilling down to find the ideal neighborhood or community. There are four main factors to consider when deciding where to live: convenience, safety, amenities and cost. You will need to size things up for you, a spouse, kids, pets or anyone else who will live in your home. Here’s a look at each factor, why they’re so important to finding the right home, and some resources to help answer, “Where should I live?”
When it comes to buying a house, many people immediately picture the standard single-family home. These homes have largely become synonymous with the American dream. But these aren’t the only types of houses on the market. From condos to co-ops, other types of houses offer benefits that many people overlook. To help you find the right fit for you and your family, here’s a look at the most common types of houses and the potential each type offers home buyers.
To get approved for a mortgage when buying a house or refinancing, your lender will look at how you use credit and manage debt to determine if you are financially responsible. This is important because the type of loan and interest rate you receive for your mortgage loan depends largely on your credit score and credit history report. But what’s a good credit score to buy a house, and what is the minimum credit score to refinance? Here is some information about credit scores to help you answer those questions, as well as some credit repair tips to keep your financial health strong in 2019.
Making the decision to become a first time home buyer is complex. Or, if you’re looking to purchase your next house, sometimes it’s hard to know where to start. A good first step is answering the question: How much house can I afford?
Buying a house is an important decision and major investment. It’s also a step toward the American dream. Like many Americans, our heroes can be hesitant to make the leap. Many heroes often ask, “Should I buy a house in 2019?” or “When is the best time to buy a house”? It’s a great question. It’s an important question. There are many advantages to becoming a homeowner. But, if your circumstances are questionable, then it might be best to wait. Here are some historical trends and key housing market indicators for 2019 to consider before you decide to buy a home.
Teachers work incredibly hard to make the future bright for our children. They deserve a great home to call their own. Homes for Heroes is a teacher home buying program with the largest nationwide network of qualified real estate, mortgage, title and home inspection specialists; committed to saving teachers time and money when buying a house.
This program is meant for all teachers, past or present, currently teaching or retired. Whether this is your fifth home purchase, or you’re a teacher first time home buyer, you will save time and money. Here’s why a teacher home buying program like Homes for Heroes may make sense for you.
When it comes to buying a house, it helps to understand exactly what you can afford — and that starts by understanding the costs of buying a house. Your mortgage payment will be the biggest recurring payment on your home. But, there are four other primary costs of buying a house that you need to know about. Here’s a breakdown of the four other costs and how working with Homes for Heroes to buy a home can decrease or eliminate some of these costs.
The costs to purchase a home can add up quickly. It is good to know what home closing costs you may need to pay, as you prepare for your home purchase and the closing process, so we assembled this list of potential home closing costs. It’s not likely your loan will include all of these costs and some may not apply to your particular circumstance due to your location, your service providers, and the type of loan you choose.
If you are not currently working with a mortgage lender, and would like cost estimates for your situation, we recommend you speak with a mortgage professional. Sign up with Homes for Heroes and we will connect you with our local specialists who can provide you with more accurate information because they serve within your community, and they will save you money.
If you’re not ready to speak with someone, we get it. Here’s the list of potential home closing costs to reference: